Engro Polymer & Chemicals

Engro Polymer and Chemicals will invest $6 million in a new LABSA production line with 24,000 tons annual capacity, and $16 million in HTDC technology to reduce carbon footprint at its PVC plant. Both projects are targeted for completion by Q4 2021.

Engro Polymer and Chemicals announced $35 million financing from IFC for its expansion plans, including a new PVC production line with 100,000 tons capacity and VCM debottlenecking. The project is part of a Rs 10.3 billion expansion expected to be completed by Q3 2020.

Engro Polymer & Chemicals (EPCL) commissioned a hydrogen peroxide plant in Pakistan with an investment of Rs 11.7 billion. The plant marks a major milestone in the company's investment journey.

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.

Engro Corporation announced an investment of at least Rs3.03 billion into its subsidiary Engro Polymer and Chemicals through a rights issue, to support expansion of chemical production plants by 2020.

Engro Polymer and Chemicals Limited approved a capital expenditure of Rs10.3 billion to add a new PVC plant with 100,000 tons capacity, debottleneck VCM production by 50,000 tons, and upgrade its captive power plant, with completion by Q3 2020.

Engro Polymer & Chemicals announced a $9 million investment to increase annual PVC production capacity from 170,000 to 195,000 tons, a 14.7% increase. The project is expected to be completed by December 2017.