PVC, PTA margins decline in January 2019
KARACHI: During January 2019, PVC and PTA margins declined by 1.8 percent MoM (USD 472/ton) and 19.9 percent MoM (USD 133/ton), respectively. However, PSF margins are up by 18.1 percent…
ICI Pakistan posts 65pc decline in profits
KARACHI: ICI Pakistan Limited has announced a net profit of Rs279.4 million for the quarter ended December 31, 2019, which is 65 percent lower than the profit of Rs804.19 million…
Petrochemical Margins: PVC margins rocketing to a 7-year high
KARACHI: During Dec’18 (based on two weeks data), PVC margins went up by 19.7% MoM (USD 486/ton). However, PTA and PSF margins registered a decline of 12.9% MoM (USD 155/ton)…
SHC allows release of Indian Steel Pipe consignment
KARACHI: A divisional bench of High Court of Sindh on Tuesday ordered release of a consignment of Galvanised Flexible Steel Pipes of assorted sizes imported from India by Ahmed Traders,…