Cnergyico imports First-Ever CPC Blend for refining
Cnergyico, Pakistan’s largest oil refiner, recently made a landmark purchase of CPC Blend, marking the country’s first import of this specific oil grade. CPC Blend, a light crude from Kazakhstan and Russia, is exported via Russia’s Black Sea port and is primarily used for producing gasoline and petrochemicals. Its higher gasoline yield and lower fuel […]
Fast Cables Reinforces Commitment to Sustainability and Exports at LBF 2024
Fast Cables, one of Pakistan’s leading manufacturers of electrical cables, proudly sponsored the inaugural session of the Lahore Biennale Foundation (LBF) 2024. The event, which focused on the theme of sustainability, brought together industry leaders, artists, and changemakers to discuss innovative solutions for sustainable development. Fast Cables’ participation underscores the company’s dedication to promoting environmental […]
Monthly LSMI output increases according to PBS
An increase of 4.68 percent in the output of Large Scale Manufacturing Industries (LSMI) has been observed for August 2024 as compared to July 2024 according to the data released by Pakistan Bureau of Statistics (PBS). The output showed a decrease of 2.65 percent when compared to August 2023.This data has been evaluated according to […]
New MoUs Signed as 25 Chinese Companies Companies Explore Investment in Pakistan
At a recent business roundtable in Beijing’s Chaoyang District, 25 major Chinese investment companies expressed strong interest in investing in Pakistan across various sectors such as agriculture, automotive, pharmaceuticals, medical technology, logistics, and electrical appliances. The event, chaired by Pakistan’s Federal Minister for Board of Investment, Privatization & Communications, Abdul Aleem Khan, was hosted at […]
PowerChina Eyes Thar Lignite for Coal Plant Conversion in Pakistan
PowerChina has proposed converting imported coal-based power plants in Pakistan to use local Thar lignite coal, while also focusing on the construction of an underground powerhouse and generation systems for the Diamer-Bhasha hydropower project. This offer, conveyed in a letter by PowerChina Chairman Ding Yanzhang to Prime Minister Shehbaz Sharif, aligns with the company’s broader […]