Chashma Sugar Mills begins plant modernisation at D.I. Khan unit

Chashma Sugar Mills Limited has initiated the modernisation of its plant and machinery at its Unit-II facility in Ramak, Dera Ismail Khan, according to a disclosure sent to the Pakistan Stock Exchange on Tuesday.

The company said it will also install molecular sieves at its ethanol fuel plant as part of the upgrade.

“We would like to inform that Chashma Sugar Mills Limited has initiated the process of modernization of its Plant and Machinery and installation of Molecular Sieves in its ethanol fuel plant, situated at Ramak, Dera Ismail Khan (CSM Unit-II), in line with its growth-oriented policies and strategic expansion plans,” read the notice sent to the PSX. 

The development has been undertaken in line with the company’s expansion plans and operational strategy.

Chashma Sugar Mills was incorporated on May 5, 1988 as a public limited company, under the Companies Ordinance, 1984 (repealed upon enactment of the Companies Act, 2017 on May 30, 2017). 

The company is principally engaged in manufacturing, production, processing, compounding, preparation and sale of sugar, other allied compound, intermediates and allied products. 

The company is a subsidiary of The Premier Sugar Mills and Distillery Company Limited.