The Company
Ghani ChemWorld Limited (GCWL/the Company) was incorporated as a public limited company on July 31, 2024 (CUIN 0265009) under the Companies Act, 2017, as a wholly owned subsidiary of Ghani Chemical Industries Limited (GCIL).
The main purpose of the formation of the company was to transfer the Calcium Carbide Project (the Project) from GCIL to GCWL under the Demerger/Merger Scheme sanctioned by the Honourable Lahore High Court, Lahore, in Civil Original No. 65259 of 2024 on 20-02-2025. Under the scheme, all the assets, liabilities, concessions, licenses, incentives, tax holidays, etc. related to the Calcium Carbide Project have been transferred (without affecting GCIL as a residual) to GCWL.
The principal line of business of the company is to manufacture, produce, refine, process, formulate, acquire, convert, sell, distribute, buy, sell, import, export, or otherwise deal with the various chemical and allied products.
The project spreads over land areas of 13.34 acres and is situated in Zone B of Hattar Special Economic Zone, District Haripur. It is at the final stage of commissioning under the supervision of European and Chinese teams of professionals.
The project of GCWL is the first of its kind in Pakistan and will help to increase the existing market share of the company from 40% to 90%-100%. This will result not only in import substitution but will also open the doors for earning foreign exchange for the country.
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