Up-gradation and Shutdown of Attock Refinery Limited’s Units

Karachi: Attock Refinery Limited informed Karachi Stock Exchange about the tie in connection activity of the new plants and revamping of the existing units under the Attock Refinery Limited up-gradation project is planned during the period January 01 to March 10, 2016.

Further, some of the existing units of the refinery will be shut down which will result in reduction of the refinery’s production upto about 50% during the above period.

Attock Refinery Limited was incorporated in Pakistan on November 8, 1978 as a private limited company and was converted into a public company on June 26, 1979. It is subsidiary of the Attock Oil Company Limited, UK and its ultimate parent is Bay View International Group S.A. The company is principally engaged in business of refining the crude oil. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The company is also registered with Central Depository Company of Pakistan Limited. Its registered office is situated at Rawalpindi.

The crude oil refining operations of the company date back to 1922 which amounts to more than 90 years of vast experience for the company. Several up gradation processes are in progress for the company which shall be completed by September 2015. The company is ISO 9001, ISO 14001, ISO/IEC 17025; OHSAS 18001 certified and is implementing ISO 50001 Energy Management System.

The symbol “ATRL” is being used by the stock exchanges for the shares of Attock Refinery Limited.