Archroma Pakistan Ltd has informed the Pakistan Stock Exchange that to cater for the growing local and export markets ‘ demand for Liquid Indigo, the Board of Directors of Archroma Pakistan Limited, in their meeting held on Thursday, 27 January 2022, had approved making an additional investment in Jamshoro, Sindh, of PKR 120 million to further increase the production capacity of Classic Liquid Indigo by 2,500 TPA.

The construction work is expected to start in the first quarter to commence commercial operations in the third quarter of the Calendar year 2022, a bourse filing added.