OXYGEN PRODUCING PLANT

Oxygen Gas Manufacturing Unit is a project of the chemicals industry. The proposed unit would produce gaseous oxygen for medical and industrial use. The project is proposed to be set up in Lahore. Oxygen is used in hospitals, chemical processes, general engineering, fabrication, steel manufacturing, motorcycle, and steel cutting /welding industries. Oxygen has mainly three sectors in which the application of this product is going on. First and most important is healthcare, all hospitals are involved in this respect. The second biggest sector concerned with oxygen is the ship-breaking industry, which has a potential usage for oxygen. The third sector is that of the processes industry, which includes steel melting. These three sectors are very lively all over Pakistan at present. With the growing steel, shipbreaking, and related industries as well as the growing need for hospitals, the oxygen demand is increasing, offering a good investment opportunity. The project proposes the establishment of oxygen producing plant with an annual capacity of 37,440 cylinders at full capacity utilization. The market study shows that there is a sufficient market in the country for the items. The initial investment cost is planned to be USD 2,500,000. The project will create a job for 24 people.

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