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NICL to invest $11mn for expansion, Hub relocation

Nimir Industrial Chemicals Limited (NICL), a Pakistani chemical manufacturer, has approved capital expenditure of Rs3 billion, i.e. approximately $11 million, for three strategic projects, including a new Palmitic Acid plant, expansion of its Chlorinated Paraffin Wax (CPW) and chlorine liquefaction plants, and relocation of an oleochemicals facility to Hub, Balochistan. The company disclosed the…

NICL to invest $11mn for expansion, Hub relocation

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