Subscribe to get the latest news & updates.
Karachi, October 24, 2014:In order to streamline its upcountry supply chain, Byco has announced a comprehensive expansion programwhere it will set up refined petroleum products storage facilities at strategic locations, in the process generating jobs and ensuring confidence in fuel availability to the energy starved nation. Built in only 3 months and 20 days, the first of these storage sites has been completed at MehmoodKot, District Muzaffargarh. MehmoodKot Terminal is spread over an area of 12 acreswith a current storage capacity of 4,500 metric tonsand anticipated expansion to 35,000 M.T.
Speaking at the occasion, Imran Farookhi, Chief Executive Officer, Byco Terminals Pakistan Limited said, “These initiatives are in line with our strategy of reducing lead time.The storage facilities will readily help us facilitate our OMC customers. At Byco we are continuously working on improving our processes that not only help us streamline our supply chain but also leads to effective cost management.”
Overall, after the installation of the storage terminals, Byco’s refined petroleum products storage capacity will increase by 13,500 M.T. to 150,000 M.T. Work will soon start on the other 2 storage sites; Machike, District Sheikhupura and at Shikarpur, District Shikarpur.