International Steels’ new plant comes on line

KARACHI:  A new plant of International Steels Limited (ISL) has started functioning, increasing the mill’s cold-rolling capacity to 1 million tons per annum. The addition has enabled the company to keep its position as Pakistan’s largest producer of cold-rolled products. It has invested Rs5.6 billion in the expansion phase. According to Pak-Kuwait Investment Company AVP…

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Chinese electric car manufacturers eye Pakistani market

KARACHI: The auto industry is transforming at unparalleled speeds and is converting technology from fossil-fuel based vehicles to electric motor engines to protect the world from pollution, enable sustainable eco-friendly technology, and enhance vehicle productivity. A number of Chinese automakers such as Haohong Motors, Weifang Shandong Electric Power Technology Co Ltd., Shanghai Shenlong Bus Co…

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