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Chevron Pakistan completes phase 1 of Blending Plant expansion project

11:51 AM | 18 Jul, 2018
Chevron Pakistan completes phase 1 of Blending Plant expansion project
KARACHI - Chevron Pakistan Lubricants Limited (CPLPL) held an inauguration ceremony for Phase 1 modernization and expansion of its Lubricants Blending Plant situated at West Wharf, Karachi.

The expansion project is an investment of more than Rs. 2 billion spanned over 3 years and reinforces Chevron’s commitment to long-term growth in the Pakistan market.

The ceremony was attended by CPLPL’s regional and in-country leadership, including Mrs. Colleen Cervantes, President Lubricants – Chevron Corporation.

“Pakistan is a key growth market for Chevron Corporation and we see a lot of potential in this country. The huge investment in the expansion of our plant and infrastructure is a testament to our long-term commitment to extend our footprint in this market,” said Mrs Cervantes.



The inauguration ceremony marked the commissioning of Chevron’s new state-of-the-art infrastructure, including the fully automated, high-tech blending systems. The expansion project will significantly enhance production capacity with improved efficiency and reliability.

Phase 1 of the project entails blending capability enhancements, with plans to increase the filling, packaging and warehousing capacity in the next phase.

Chevron Pakistan Lubricants (Private) Limited is an indirect subsidiary of Chevron Corporation, one of the world’s largest integrated energy companies – trades under the Caltex brand in Pakistan.

-PR

The writer is a member of the staff. He can be accessed on Twitter @iamnozair

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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