Aziz Pipes will return to production in October

The board of directors of Aziz Pipes Limited, a listed engineering company, has decided to resume production after a long hiatus of nearly 10 months. This information has been known from DSE sources.

It is learned that the company has decided to start production from October 1. Earlier, the company had stopped production from January 10 this year due to raw material complications. At the time, the company said, suppliers were not delivering PVC resin (the main raw material) on time due to the Corona epidemic. So that production activities are disrupted. Besides, abnormal prices of raw materials have gone up in the local market. Which will increase the production cost a lot. So that the company will suffer in marketing the product.

In this situation, the company’s C-shift has temporarily stopped production. However, once the complexity of the raw material is removed, production activities will resume.

Sunbd/NJ