BR100 Decreased By (-0.48%)
BR30 Decreased By (-0.53%)
KSE100 Decreased By (-0.51%)
KSE30 Decreased By (-0.42%)
AGHA 7.75 Decreased By ▼ -0.17 (-2.15%)
BECO 5.15 Decreased By ▼ -0.05 (-0.96%)
BML 57.57 Decreased By ▼ -1.68 (-2.84%)
BOP 33.35 Decreased By ▼ -0.33 (-0.98%)
CNERGY 10.25 Increased By ▲ 0.44 (4.49%)
CSIL 5.29 Decreased By ▼ -0.13 (-2.4%)
FCCL 53.20 Decreased By ▼ -0.32 (-0.6%)
FFL 16.38 Decreased By ▼ -0.30 (-1.8%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 7.22 Decreased By ▼ -0.13 (-1.77%)
KOSM 5.54 Decreased By ▼ -0.07 (-1.25%)
LOTCHEM 28.89 Decreased By ▼ -0.22 (-0.76%)
MLCF 94.21 Decreased By ▼ -1.29 (-1.35%)
NBP 202.61 Decreased By ▼ -1.74 (-0.85%)
NCPL 56.60 Decreased By ▼ -1.64 (-2.82%)
NPL 66.59 Decreased By ▼ -1.20 (-1.77%)
OGDC 318.69 Increased By ▲ 0.75 (0.24%)
PACE 10.64 Decreased By ▼ -0.07 (-0.65%)
PAEL 41.15 Decreased By ▼ -0.68 (-1.63%)
PIBTL 16.33 Decreased By ▼ -0.17 (-1.03%)
PPL 221.30 Increased By ▲ 1.56 (0.71%)
PRL 48.33 Increased By ▲ 3.74 (8.39%)
PTC 69.60 Decreased By ▼ -1.17 (-1.65%)
SSGC 28.29 Decreased By ▼ -0.64 (-2.21%)
TBL 9.74 Decreased By ▼ -0.10 (-1.02%)
TELE 8.68 Decreased By ▼ -0.08 (-0.91%)
TPL 16.32 Decreased By ▼ -0.13 (-0.79%)
TPLP 12.24 Increased By ▲ 0.14 (1.16%)
TREET 22.45 Decreased By ▼ -0.35 (-1.54%)
TRG 59.25 Decreased By ▼ -0.78 (-1.3%)

KARACHI: The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has welcomed the Ministry of Energy’s decision to extend the deadline for obtaining the Dangerous Petroleum License (DPL) to October 23, 2025; but cautioned that the move offers only limited relief and does not resolve the core regulatory issue threatening industrial stability.

PCDMA Chairman Salim Valimohammad expressed gratitude to Federal Minister for Energy (Petroleum Division) Ali Pervaiz Malik, Director General of Explosives Abdul Ali Khan, and Director Muhammad Aftab Qazi for their support and timely intervention. He acknowledged the extension as a positive step, but warned it is technically only a 42-day reprieve from the September 11 issuance date, falling short of the average 60–90-day import cycle required by industry. “The extension provides some breathing space, but the fundamental problem remains unresolved,” said Valimohammad.

He highlighted that numerous raw materials now classified under DPL Class B and C are not petroleum-based, but rather organic industrial compounds essential to sectors such as textiles, pharmaceuticals, plastics, fertilizers, leather, and cosmetics. “These materials do not fall under the Petroleum Act and pose no petroleum-related risk,” he said, adding that misclassification could trigger severe supply chain disruptions, threatening Pakistan’s export competitiveness and foreign exchange earnings.

The PCDMA has urged the Ministry to urgently revisit and revise the scope of DPL regulations to exclude non-petroleum-based raw materials, warning that failure to act could inflict long-term damage on the country’s industrial base and economy.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.