Karachi: Ghani Chemical Industries Limited (GCIL) has announced the commencement of its commercial operations, marking a significant milestone as Pakistan's largest unit in the medical and industrial gases sector. The company's new facility, located at the Hattar Special Economic Zone, boasts a production capacity of 275 tons per day (TPD), making it the fifth state-of-the-art project undertaken by GCIL.

In adherence to the Securities Act, 2015 and the Rule Book of the Pakistan Stock Exchange Limited, GCIL disclosed this material information, highlighting their expanded operational capabilities. The company's management anticipates that the addition of this new project will result in an increase in turnover and profitability, surpassing the expectations of shareholders and stakeholders.

According to information available from the Pakistan Stock Exchange (PSX), GCIL's strategic move positions it as a leading manufacturer in the medical and industrial gases market. The company believes that this expansion will enhance its competitive edge and contribute positively to its financial performance in the near future.

The management expressed optimism regarding the project's impact on the company's growth trajectory, underscoring its commitment to meeting the anticipated demands of its market category. The commencement of operations at the new facility is expected to significantly bolster GCIL's production capabilities and market presence.