KARACHI – Unity Foods Limited (PSX: UFL) has officially announced the successful commencement of its Biofuel Feedstock exports, a strategic move that marks a significant milestone in the company’s diversification and sustainability agenda.
In a material information disclosure sent to the Pakistan Stock Exchange (PSX) on Friday, the company revealed it has secured export contracts worth USD 30 million for the current fiscal year. This achievement positions Unity Foods as an emerging and reliable supplier in the international biofuel feedstock market.
The initiative is a key part of the company’s long-term vision to broaden its product portfolio beyond its traditional food businesses. In its official statement, the company said this expansion is designed to “enhance value creation for stakeholders and contribute meaningfully towards the development of renewable and sustainable energy resources.”
This foray into the bioenergy sector signals Unity Foods’ commitment to aligning its growth with global environmental trends, potentially opening up new, sustainable revenue streams and strengthening Pakistan’s export portfolio in the process.
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