Engro Polymer & Chemicals to enter hydrogen peroxide business with $23m investment

Engro Polymer & Chemicals Limited derives hydrogen as part of its caustic manufacturing process

OBS Pakistan to acquire Globe Textile Mills Ltd

OBS Pakistan (Private) Limited, a pharmaceutical company, through the newspaper advertisement, has shown its interest to acquire 14,891,829 ordinary shares of Globe Textile Mills Limited.

PSQCA issues notice to beauty cream manufacturers over health concerns

Faiza Beauty Cream causes skin cancer, other diseases

Urea inventory falls to five year low as crisis looms

LAHORE: Pakistan’s urea inventory was recorded at 86,155 tons at the end of July this year, reaching a five‐year low of around 105,000 tons last...

Chemical, Pharma exports down 25 per cent in May

Chemical and Pharmaceuticals exports during the month of May clocked in at $70.170 million, down 25 per cent from April’s exports of $93.259 million.

Ittehad Chemicals ion exchange membrane plant commences operations

In December last year, Ittehad Chemicals Limited and Punjab Board of Investment and Trade had signed a memorandum of understanding (MoU) to establish a state-of-the-art facility, valued at $40 million

Descon Oxychem successfully conducts customer success workshops

LAHORE: As part of their dedication to upholding the highest standards in customer service, Descon Oxychem Limited organized Customer Success Workshops (CSWs) in Lahore,...

AkzoNobel Chemicals (SMC-Private) starts independent operations in Pakistan

LAHORE: AkzoNobel has announced that AkzoNobel Chemicals (SMC-Private) Limited (ANCPL) is now working as a separate legal entity in Pakistan. Operations in Pakistan as an independent entity will...

Akzo Nobel to return 5.5 billion euros to shareholders after division sale

Akzo sold its chemicals division for 10.1 billion euros to Carlyle Group in March, generating net proceeds of 7.5 billion euros

PARC becomes ‘white elephant’?

Ministry of National Food Security and Research declines additional funds worth Rs1.32 billion for PARC

PCMA calls for joint ventures with Saudi Arabia in petrochemical projects

Pakistan’s chemical imports constitute around 17 percent of the total import bill

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ADB approves $235m loan for Karachi’s BRT

The Asian Development Bank (ADB) has approved a $235 million loan to help develop Karachi’s Bus Rapid Transit project. According...

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FBR warns business community against under-invoicing, misdeclaration

The Federal Board of Revenue (FBR) has warned the business community against under-invoicing or misdeclaration of imported goods. “Otherwise, the FBR will take punitive action...