Pakistan Oxygen Ltd (POL) has announced an investment of Rs1.3 billion to set up a cutting-edge hydrogen production facility at Port Qasim in Karachi. This move is aimed at addressing the rising demand for hydrogen from the company's key strategic clients. On the other hand, Clover Pakistan Ltd (CPL) has received approval from its board to assess the feasibility of investing or acquiring a business in the oil marketing sector. The company will be looking into funding options and has planned to engage advisors, valuators, and consultants for a thorough evaluation. By taking steps towards establishing a hydrogen production facility and considering potential investments in the oil marketing industry, these companies are positioning themselves for growth and diversification in the evolving market landscape.