Fast Cables Expands Capacity with New Copper Upcasting Plant

Fast Cables Limited (PSX: FCL) Tuesday announced that it has successfully commissioned a state-of-the-art Copper Upcasting Plant. The Plant has added the nameplate capacity of 10,000 tons taking the total capacity to 15,000 tons per annum, the company said in a notice to the Pakistan Stock Exchange (PSX). This development is in line with the company’s expansion strategy and represents a significant milestone in enhancing its operational capabilities, improving the production efficiency and meeting the future demand in both domestic and international markets, it added. FCL is engaged in manufacturing and selling of all types of electric wires, cables and conductors.