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Engro to expand its PVC production capacity in Pakistan

December 13/2012

(plastemart) -- Engro Polymer and Chemicals Limited (EPCL) will invest up to USD15 million in 2013 to enhance the production capacity of PVC resin, according to the company"s chief executive officer, as reported by Thenews.com.pk.

Almost USD10-15 mln will be invested in 2013 to enhance production from the existing three PVC resin plants at Port Qasim, Karachi. The company is looking into multiple ways for raising investment funds. It could be debt, equity, or a mix of debt and equity.

Debottlenecking will help produce an additional 35,000 to 40,000 tonnes of PVC resin.

Engro Polymer & Chemicals Limited (EPCL) is the only fully integrated chemical complex in Pakistan. EPCL is a subsidiary of Engro Corporation, involved in the manufacturing, marketing and distribution of quality Chlor-Vinyl allied products and PVC under brand name "SABZ".


mrcplast.com
Author:Margaret Volkova
Tags:PVC, Engro Corporation, Pakistan.
Category:General News
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