Karachi January 28 2022: To cater for the growing local and export markets’ demand for Liquid Indigo, the Board of Directors of Archroma Pakistan Limited in their meeting held on Thursday, 27 January 2022, has approved to make an additional investment in Jamshoro of PKR 120 Million, as per company’s filling at the exchange.
This investment will further increase the production capacity of Classic Liquid Indigo by 2,500 TPA.
The construction work is expected to start in the first quarter with Target to commence commercial operations in the third quarter of the Calendar year 2022.
The stock gained PKR 20.33 per share or 3.47 percent in today’s trading session at Pakistan Stock Exchange.
Archroma Pakistan Limited is a limited liability company and is primarily engaged in the manufacture, import, and sale of chemicals, dyestuffs and coating, adhesive and sealants. It also acts as an indenting agent. The company is a subsidiary of Archorma Textiles Gmbh, registered and having headquarter in Reinach, Switzerland.
