Thal Ltd plans bag plant in Hub in Balochistan 29 April 2021
Thal Ltd, a subsidiary of House of Habib and paper bag manufacturer to a range of industries including Pakistan s cement companies, is setting up a plant to manufacture polypropylene woven bags in Hub with an investment of PKR1.7bn (US$11m). The state-of-the-art plant that has the capacity to produce 90m bags annually has been procured from Windmöller & Hölscher of Germany.
Expressing his views on this new investment, CEO of Thal PPD, Syed Umair Ahmed, said, Thal Ltd also has a paper bag production with the capacity of 250m paper bags per annum and with a production capacity of 90m WPP bags per annum. We will be able to cater to not only the local market but also grow our export business, he added.
Thal setting up Rs1.7b polypropylene bag plant
Investment expected to contribute to national exchequer, job creation
KARACHI:
In line with increased demand, Thal Limited - a subsidiary of the House of Habib - is setting up a manufacturing plant for polypropylene woven bags in Hub with an investment of Rs1.7 billion.
“Polypropylene bags are used for multiple purposes ranging from the packaging of fertiliser and sugar to finished agricultural products,” said Topline Securities Deputy Research Head Shankar Talreja.
Speaking to The Express Tribune, he highlighted that fertiliser products alone generated a primary demand for 170-180 million bags of polypropylene.
Business
April 27, 2021
KARACHI: Thal Limited, a subsidiary of the House of Habib, is setting up a plant to manufacture polypropylene woven bags in Hub with an investment of Rs1.7 billion, a statement said on Monday.
Salman Burney, Vice Chairman of the House of Habib, performed the groundbreaking recently for the plant at the factory of Thal limited located in Hub, and it will be commercially operational by the end of February next year, it added.
The state-of-the-art plant, which has the capacity to produce 90 million bags annually, has been procured from Windmoller and Holscher of Germany.
“We are the pioneers of manufacturing industrial sacks and cement bags in Pakistan since 1973. Besides ensuring customer satisfaction and loyalty, this new investment is to further increase our contribution to the national exchequer and employment generation,” Burney said.