Hi-Tech Lubricants Limited, one of the main engineered motor and hardware grease organizations of Pakistan has reported to go into the matter of plastic bundling. “We are pleased to announce that the executive management of HTL has decided to enter new business opportunities in the plastic packaging industry by venturing into the production of plastic products for external customers and third parties,” said HTL in an articulation.
Also Read : New Rules for Investment by CIS Revealed by SECP
The organization educated that this business will be sought after through the current plant site of HTL auxiliary Hi-Tech Blending (Pvt.) Ltd. (HTBL). The organization said that its auxiliary HTBL has been delivering bottles for its own requirements since 2016 for the two its privately mixed and privately filled items. “Having attained substantial experience in extrusion blow molding and injection molding, the company has been exploring the provision of similar plastic packaging to outside customers for some time,” it said.
HTL said that it has been approached by expected clients to give different kinds of plastic containers and educated that the cycles for import and establishment of essential hardware in the expulsion blow forming machine and feeding recycle system segment of the plant site of HTBL have been started for the creation of different quality items for outer clients and local third parties.
Also Read : Rs240bn Yet to be Released by Govt for 2 Dams
The organization said it had started interaction of import and establishment of 06/04 Head Double Station Machine for containers of various sorts/sizes from 50 ml to 1000 ml for Fast Moving Consumer Products (FMCG), import and establishment of multi-facet 2 head double station machine for oxygen touchy items/jugs and import and establishment of infusion shaping machine for covers, cans and automobile parts.