Islamabad, Nov 4: GCIL to Establish New LPG Storage and Filling Plant. Ghani Chemical Industries Limited (PSX: GCIL) declared on Monday that it would build an LPG storage and filling plant in Kasur with a capacity of 450 MT.
According to a notice sent to the Pakistan Stock Exchange (PSX), GCIL has taken the initiative to expand into new business sectors by establishing a 450 MT capacity LPG Storage and Filling Plant in Phool Nagar, District Kasur, for operations throughout the nation through Ghani Gases (Private) Limited, one of the fully owned subsidiaries of Ghani Chemical Industries Limited.
Ghani Gases has received a license from the Oil and Gas Regulatory Authority (OGRA) for this purpose. Following the completion of additional necessary procedures and permissions, According to the notice, this subsidiary (GGPL) will start building in order to put up this plant in due time.