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(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". |
