Engro Polymer

From Wikipedia, the free encyclopedia
Engro Polymer & Chemical
Company typePublic Subsidiary
PSXEPCL
IndustryChemical
Founded1997; 27 years ago (1997)
HeadquartersHarbour Front Building, Clifton, Karachi-75600, Pakistan
RevenueIncrease Rs. 4.93 billion (2019)[1]
ParentEngro Corporation (56.19%)[2]
Mitsubishi Corporation (10.24%)[3]
Websiteengropolymer.com

Engro Polymer & Chemical Limited (EPCL) (اینگرو پولیمر اینڈ کیمیکل لمیٹڈ) is a Pakistani polymer manufacturing company which makes and markets Chlor-vinyl allied products and PVC.[4] It is a subsidiary of conglomerate the Engro Corporation.[5]

Founded in 1997, as a joint venture with Mistibushi and Asahi, it is only fully integrated chlorvinyl chemical complex in Pakistan.[2]

The company has more than 70 percent local market share.[6]

In August 2018, the company announced that they would set up a new plant to expand the production of PVC and caustic soda. Along with an efficiency project like De-super heating quenches at EDC/VCM plant.[6]

References[edit]

  1. ^ Correspondent, Our Equities (February 1, 2019). "Engro Polymer earns Rs4.93bn". DAWN.COM.
  2. ^ a b Hussain, Dilawar (November 30, 2015). "Engro shedding its loss-making business". DAWN.COM.
  3. ^ Correspondent, Our Equities (November 25, 2015). "Engro Polymer target of acquisition". DAWN.COM.
  4. ^ "Engro Polymers & Chemicals Limited". January 16, 2019.
  5. ^ "Engro Polymer and Chemicals Limited". Business Recorder. 25 June 2021. Retrieved 6 August 2021.
  6. ^ a b "Engro Polymer, Tianchen China sign contract to set up plant". www.thenews.com.pk.