Pakistan Oxygen Limited plans to set up a new plant with the latest European electrode manufacturing technology, in Karachi. The plan is to enhance the company’s capacity and capability to meet the growing demand for quality electrodes in the country.
The board of directors of Pakistan Oxygen has approved an investment of Rs 417.5 million for setting up this new plant in Karachi, the company said in a statement to the Pakistan Stock Exchange today.
Pakistan Oxygen is a manufacturer and supplier of welding consumables. The company provides a range of welding consumable from electrodes to welding wires. It is also a partner and a distributor of welding equipment from multiple international manufacturers and it has claimed to maintain 24-hour operations at ten major industrial locations across the country to ensure accessibility and supply to customers.