Engro Polymer

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.

Engro Polymer & Chemical
TypePublic
PSX: EPCL
IndustryChemical
Founded1997 (1997)
HeadquartersKarachi, Pakistan
Revenue ₨4.93 billion (2019)[1]
ParentEngro Corporation (56.19%)[2]
Mitsubishi Corporation (10.24%)[3]
Websiteengropolymer.com

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.[5]

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.[5]

References

  1. Correspondent, Our Equities (February 1, 2019). "Engro Polymer earns Rs4.93bn". DAWN.COM.
  2. 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, Tianchen China sign contract to set up plant". www.thenews.com.pk.
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