Lahore: Agritech Limited, a key player in the fertilizer manufacturing sector, has successfully resumed operations at its Urea Plant following the completion of its Annual Turnaround Activity (ATA) for the year 2025. The announcement, made on January 22, 2025, marks the conclusion of scheduled maintenance and the restoration of gas supply, ensuring the plant's readiness to meet market demands.
This development comes under the purview of Section 96 of the Securities Act, 2015, and Clause 5.6.1. of the Rule Book of the Pakistan Stock Exchange (PSX), as Agritech Limited disclosed this material information to its stakeholders and the public. The resumption of operations at the Urea Plant is crucial for Agritech Limited, as it directly impacts the company's production capacity and market supply.
The completion of the Annual Turnaround Activity is a significant milestone for the company, ensuring the plant's operational efficiency and safety standards. The restoration of gas supply, critical for the plant's operations, further reinforces Agritech's capability to provide a steady supply of urea to the agricultural sector.
According to information available from the Pakistan Stock Exchange (PSX), this strategic move by Agritech Limited is expected to enhance its market position and contribute to the overall growth of the fertilizer industry in Pakistan. As one of the leading urea producers in the region, the operational status of Agritech's plant holds substantial implications for the agricultural market, particularly in terms of pricing and availability of fertilizers.
For further information, stakeholders and interested parties can reach out to Asma Irfan, Company Secretary of Agritech Limited, at their office located in Askari Corporate Tower, 4th Floor, 75-76, Block-D, Main Boulevard, Gulberg-III, Lahore.