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    engro polymer & chemicals

    rising with resin

    Engro Polymer & Chemicals Limited – a 56.2% owned subsidiary of Engro Corporation is the only fully integrated chlor-vinyl chemical complex in Pakistan and also produces poly-vinyl chloride, caustic soda, sodium hypochlorite, hydrochloric acid and other chlorine by-products.

    The business was setup as a state-of-the-art plant in 1997, as a 50:50 joint venture, with Mitsubishi and Asahi Glass with Asahi subsequently divesting its shareholding in 2006.

    • PKR 9.12

      Earnings Per Share as of December 2023

    • PKR 81.27mn

      Sales Revenue as of December 2023

    • PKR 8.93mn

      Profit After Tax as of December 2023

    • PKR 11.36mn

      Capital Expenditure as of December 2023

    Future Outlook

    Engro Polymer and Chemicals Ltd (EPCL) has secured USD 35 mn from the International Finance Corporation (IFC) to fund the expansion plans for its PVC production plant. The IFC financing is a part of the initial PKR 10.3 bn expansion plan announced earlier, out of which PKR 5.4 bn was already raised by the company from the issue of right shares.

    A new production line of PVC is planned to cater to its rising demand, which surged significantly mainly due to a boom in construction activities. With a new PVC plant of 100,000 tonnes capacity, the total production would expand to 295,000 tonnes per annum while production of VCM (raw material) would increase by 50,000 tonnes through debottlenecking of the existing plant.
    www.engropolymer.com

    People, Planet, Profit

    Along with supporting through provision of quality products and technical services, the company is wholly committed to improving standards of life in the communities it operates in with a focus on environment, water conservation, education, health and other social uplift programs. EPCL strongly endorses its triple bottom line philosophy in true essence. Each of them are critical and indispensable elements for its growth and success.