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Engro Polymer and Chemicals plans to expand its PVC production capacity by 100,000 metric tons and debottleneck its VCM plant by 50,000 metric tons per annum, at an estimated cost of Rs7.6 billion. The expansion will be partially funded through a Rs5.4 billion rights issue.
“In order to expand its PVC production capacities, the board of directors decided for the expansion of the PVC plant.”thenews.com.pk
Summarized from public sources; check the original articles before acting on it.