# ICI Pakistan and Tariq Glass form joint venture for float glass plant

ICI Pakistan and Tariq Glass Industries executed a joint venture agreement to set up a greenfield float glass manufacturing facility with a production capacity of up to 1,000 tonnes/day, to be built in two phases of 500 tonnes/day each. ICI Pakistan will hold 51% and Tariq Glass 49%.

- Type: New facility
- Announced: 2022-02-19
- Where: Pakistan
- Status: announced
- Capacity: 1,000 tonnes/day
- Products: float glass
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [ICI Pakistan](https://endata.com/companies/54735.md)
- [Tariq Glass Industries](https://endata.com/companies/61140.md) (partner)

## Sources

- [just-pakistan.com](https://just-pakistan.com/2022/02/19/ici-pakistan-forms-joint-venture-with-tariq-glass/), 2022-02-18: "ICI Pakistan will invest in the joint venture company (JVCO) by subscribing to 51 percent of its issued and paid-up capital, while the rest will be subscribed by Tariq Glass Industries."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.