Pakistan Oxygen Limited (PSX: PAKOXY) has announced plans to invest approximately Rs1.3 billion in establishing a hydrogen production facility at Port Qasim, signaling a strategic move to expand its presence in the industrial gases sector.
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According to a notification issued to the Pakistan Stock Exchange on April 21, 2025, the new plant will supply hydrogen under a 15-year agreement with a leading speciality chemicals manufacturer. This long-term contract underscores strong demand from key industrial clients and reaffirms the company’s commitment to delivering consistent, high-efficiency gas solutions.
The planned facility is designed to meet rigorous operational standards and support growing industrial applications for hydrogen, particularly amid a global shift towards cleaner energy alternatives and sustainable manufacturing inputs.
This initiative marks a significant milestone in Pakistan Oxygen’s long-term strategy to position itself as a major player in the hydrogen economy, while reinforcing its role as a critical supplier to the country’s industrial sector.
