Expansion
Balancing,
Modernization and Replacement
During
the Year 2001, the management decided to change the
furnace, expand its capacity and modernize the plant
to remain competitive and efficient.
The
company started its major program of balancing
modernization and replacement in October 2001
and successfully completed it in March 2002.
The program included complete replacement of
furnace with an extended capacity furnace of
105 tons’ melted glass per day, previous
being 90 tons’ melted glass per day, operated
on dual firing system and installation of new
IS Machines, Printing Machines and Laboratory
Equipments. |
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Acquisition of Ravi Glass and Rachna Glass
In
view of acceptability of Company’s products
in overseas markets and diversification of existing
product range, the management acquired assets and
operations of Ravi Glass Limited (“Ravi”)
and Rachna Glass Limited (“Rachna”).
This enables the company to fulfill enhanced export
and local demand and diversify the product range further.
After these acquisitions the product range of the
company covers beverages, food, breweries, pharmaceutical
etc. It is planned to allocate the BGL plant at Hub,
now designated as BGL Unit I for
export production and demands of Southern Region.
Whereas Ravi, now designated BGL Unit II
will cater to the demands of entire Northern Region.
The Rachna production facility, now designated Unit
III will cater to the demands of the pharmaceutical
industry.
Export from BGL Unit I has always
been viable due to its strategic location near Karachi.
Diversification
In
order to diversify the operations of the Company,
the Management has also installed a unit to manufacture
plastic shells. This unit has also commenced operations
in March 2002. This plant has the capacity to produce
full depth and half depth plastic crates. The plastic
crates are a substitute of traditional wooden crates
used for storage/marketing of beverage bottles. The
company has started supply to almost all the leading
beverage bottlers.
