Engro Polymer to invest Rs7.6bn in new PVC plant and debottlenecking

Engro Polymer and Chemical Limited announced a Rs7.6 billion capital expenditure plan to add a new PVC plant of 100,000 tonnes and debottlenecking of 50,000 tonnes per annum, partially funded by a Rs5.4 billion rights issue.

“The aggregate amount of proposed right issue will be utilised to fund the addition of a new PVC plant of 100,000 MT and VCM plant debottlenecking of 50,000 MT per annum.”profit.pakistantoday.com.pk

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• profit.pakistantoday.com.pkEngro to invest Rs7.6bn in a new PVC plant - Profit by Pakistan TodayEleazar BhattiMar 14, 2018

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