Karachi: The Board of Directors of Pakistan Oxygen Limited (POL), in a meeting on Monday has approved an investment plan of about Rs. 417.5 million for setting up a new electrode manufacturing plant in Karachi.

The POL is one of the country’s leading suppliers of industrial and medical gases. It has informed that the plant would feature the latest European technology and is expected to commence production by early 2022.
Moreover, the creation of the electrode manufacturing facility will play a vital role in driving employment opportunities for locals as well as boost the production of various tools and batteries that rely on electrodes.
"It is already engaged in the manufacture of quality welding consumables and sale of welding machines and allied accessories," added company.
The company further stated that with the proposed expansion, the company’s capacity and capability in the welding and hard goods segment will be enhanced to better meet the growing demand for quality electrodes in the Pakistan.
Earlier in November 2020, POL approved an investment plan of about Rs. 6.3 billion to set up the latest and the most energy-efficient Air Separation Unit in its class.
“The Plant is superior due to higher capacity, better Specific Power Consumption (SPC), product quality, reliability, and advanced control system,” said the company.

Saudi Arabia resumes Yanbu oil loading after pipeline restart
- 6 hours ago

Jensen Huang talks about AI and climate change like a supervillain
- a day ago

5 men held over bomb scare at England base used by US to attack Iran are UK nationals: police
- a day ago

Big Oil has an audacious request for the Supreme Court
- 20 hours ago
India, Pakistan on Asian Games collision course after cricket washout
- a day ago

Global financial institutions express confidence in Pakistan's economic reforms
- 6 hours ago
OpenAI cancels release of newest model due to safety concerns
- 10 hours ago

Buttler ruled out of Pakistan Tri-series with hamstring injury
- 12 hours ago

US Afghanistan War Commission praises Pakistan’s contribution to regional peace
- a day ago

What should you do if your friend is in love with you?
- a day ago

Pakistan Army team successfully performs complex brain surgery in Gwadar
- 12 hours ago

Allama Iqbal International Airport expansion gains momentum; passenger facilities set for significant upgrade
- a day ago




