Islamabad, Dec 20: Rafhan Maize Products Co. Limited (PSX: RMPL) has announced its intention to begin negotiations and carry out due diligence for acquiring a silo-based storage facility in Deepalpur.
The company made this announcement through a filing to the Pakistan Stock Exchange (PSX) today.
According to Rafhan Maize, the acquisition is part of its plan to improve supply chain efficiency by better managing raw material storage. This move is expected to streamline operations and enhance customer service.
The company also highlighted that the proposed facility will be crucial in optimizing its supply chain, allowing it to meet customer demands more efficiently.
Rafhan Maize uses maize as its primary raw material for manufacturing and selling various industrial products, with the main products including industrial starches, liquid glucose, dextrose, dextrin, and gluten meals.
