Home Business & Finance Matco Foods Limited signs agreement for expansion of Rice Glucose and Rice Protein Plant

Matco Foods Limited signs agreement for expansion of Rice Glucose and Rice Protein Plant

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KARACHI: Matco Foods Limited signed an agreement for the supply of a 20,000 Tons per year Rice Glucose manufacturing plant with Beijing Meckey Engineering Co. This new expansion will increase the total production capacity of the company to 30,000 Tons of Rice Glucose and 3,000 Tons of Rice Protein respectively per year.

Khalid Ghori, CEO of Matco Foods spoke at the signing ceremony that “The new plant will include 2,000 tons of rice protein section also and also a spray dryer plant to manufacture 2,000 tons of maltodextrin per year, which will contribute towards import substitution”

The signing ceremony was witnessed by Jawed Ali Ghori, Chairman Matco Foods and Dr. Tariq Ghori, Director Sales & Marketing.

Matco Foods Limited is committed to ensuring the best quality food products for its customers around the world. The company’s steep ascent as the customers’ preferred brand in the local and international markets reflects its remarkable success in keeping its long-term pledge to its customers. In a historic milestone, Matco Foods Limited was formally listed on the Pakistan Stock Exchange (PSX) in the first IPO for the year 2018 adding another company in the Food Sector on the PSX board. News Desk

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