Rafhan Maize Announces New Expansion Project to Increase Production

The management of Rafhan Maize Products Co. Limited (PSX: RMPL) has announced the initiation of a project to increase its grind capacity by 200 tons per day and Glucose capacity by 100 tons per day. “This strategic enhancement will empower us to deliver superior service and a more comprehensive range of solutions to our valued customers. We are confident that this project will significantly boost our operational efficiency and customer satisfaction, reinforcing our unwavering commitment to excellence,” the company said in a stock filing on Monday. RMPL opined that this expansion is poised to generate substantial benefits for its stakeholders, including increased shareholder value, enhanced market competitiveness, and the creation of new job opportunities within the community. “We believe that this expansion not only fortifies our position in existing markets but also paves the way for sustainable growth in our exports and profitability. As we continue to implement our expansion plans, we remain committed to delivering long-term value to our shareholders and adding value to Pakistan’s economy,” the filing added.