Tag Archives: Production

Govt will explore means to raise cotton production

ISLAMABAD – The government plans to explore rain fed (Barani) areas for enhancing cotton cultivation as the All Pakistan Textile Mills Association (APTMA) has offered complete financial support for boosting the cotton production to 20 million bales during the next few years. According to an official source, the offer was made by the conglomerate of textile exporters at the meeting of the specially formed committee to enhance cotton production. APTMA representatives stressed enhancing

PSM looks for Russian support to boost production

ISLAMABAD – Pakistan would seek Russian assistance to boost production capacity of the Pakistan Steel Mills (PSM) from the present one million tonnes to three million tonnes per annum. This was stated by the Minister for Industries and Production Mir Hazar Khan Bijarani, while chairing a meeting on modernisation, revamp and extension (BMRE) of PSM through Russia’s technical assistance.
The meeting was convened to prepare a Memorandum of Understanding (MoU), expected to be signed

PSM looks for Russian support to boost production

ISLAMABAD – Pakistan would seek Russian assistance to boost production capacity of the Pakistan Steel Mills (PSM) from the present one million tonnes to three million tonnes per annum. This was stated by the Minister for Industries and Production Mir Hazar Khan Bijarani, while chairing a meeting on modernisation, revamp and extension (BMRE) of PSM through Russia’s technical assistance. The meeting was convened to prepare a Memorandum of Understanding (MoU), expected to be signed

Oil production on the rise

KARACHI – Oil production has increased by an annual 1.1 percent during the nine months of FY11, while growth in gas production has slowed down to an annual 0.2 percent during the same period, following a relatively better performance at the year start.
In terms of hydrocarbon, total sector production enhanced by a miniscule 0.1 percent annually during the nine months of FY11, as per weekly data released by the Pakistan Petroleum Information Services (PPIS).Turndown in gas was

Japan’s earthquake to dampen car production

LAHORE – Manufacturing of different local auto-makers’ variants is likely to slow down as a significant number of auto vendors in Japan, involved in the auto engine and transmission parts business, are unable to resume their production due to massive damage to their plants – by earthquake and Tsunami.
Supply chain of critical high tech parts is likely to be disrupted due to plants closure; however, stocks available with automakers will help avoid complete shut down of auto

Production of light automobiles rises

ISLAMABAD – Production of cars and jeeps surged by 15.10 percent during the first seven months of the current fiscal year in comparison to the same time last year. As many as 75,537 cars and jeeps were produced during July-January 2010-11 as compared to the production of 65,626 units last year, according to data provided by Federal Bureau of Statistics.
The production of cars and jeeps witnessed growth of 8.52 percent during January 2011 as compared to the same month of last

Fertiliser production picks up

KARACHI – As the gas curtailment eases, the production as well as offtake of fertiliser for the month of March 2011 is expected to show abnormal offtake figures due to pre-buying, as from 15 March 2011, the government implemented sales taxes on fertiliser and since fertiliser prices witnessed an increase as they were passed onto the final consumer. On the whole, the fertiliser sector witnessed a growth of 5%MoM in total industry offtakes in the month of February, 2011, and this

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