Chashma Sugar Mills Limited (CHAS), one of the largest sugar mills in thecountry, has announced to set-up an ethanol manufacturing facility.
The subsidiary of Premier Group shared the development in its notice to the Pakistan
Stock Exchange (PSX) on Tuesday.
“The Board of Directors of Chashma Sugar Mills Limited in the meeting held on March 15,
2024 has approved the incorporation of a new subsidiary company in the name of
“Premier Grain Ethanol Limited” for manufacturing, production, formulation, extraction,
treatment, blending, refining, purification, distillation, fermentation, reduction,
dehydration, rectification, preparation, processing, and sale of various types and grades of
ethanol as well as related products/by-products derived from grains as raw materials,”
read the notice.
Read more: https://www.brecorder.com/news/40294361/chashma-sugar-mills-to-set-up-ethanol-manufacturing-facility
