Engro Polymer: Difference between revisions
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Revision as of 11:02, 4 April 2024
Company type | Public Subsidiary |
---|---|
PSX: EPCL | |
Industry | Chemical |
Founded | 1997 |
Headquarters | Harbour Front Building, Clifton, Karachi-75600, Pakistan |
Key people | ABDUL QAYOOM (CEO ) |
Rs. 66 Billion (2023)[1] | |
Parent | Engro Corporation (56.19%)[2] Mitsubishi Corporation (10.24%)[3] |
Website | engropolymer |
Engro Polymer & Chemical Limited (EPCL) (اینگرو پولیمر اینڈ کیمیکل لمیٹڈ) is a Pakistani polymer manufacturing company which makes and markets Vinyl chloride allied products like PVC.[4] It is a subsidiary of conglomerate the Engro Corporation.[5] The company has more than 70 percent local market share.[6]
History
Founded in 1997, as a joint venture with Mistibushi and Asahi, it is only fully integrated Vinyl chloride chemical complex in Pakistan.[2]
In 2008, Engro Polymer was listed on the Karachi Stock Exchange following an initial public offering.[7]
In August 2018, Engro Polymer 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
- ^ {{cite web|url=https://propakistani.pk/2024/02/26/engro-corps-profits-decline-by-22-in-2023/}}
- ^ a b Hussain, Dilawar (November 30, 2015). "Engro shedding its loss-making business". DAWN.COM.
- ^ Correspondent, Our Equities (November 25, 2015). "Engro Polymer target of acquisition". DAWN.COM.
{{cite web}}
:|last=
has generic name (help) - ^ "Engro Polymers & Chemicals Limited". January 16, 2019.
- ^ "Engro Polymer and Chemicals Limited". Business Recorder. 25 June 2021. Retrieved 6 August 2021.
- ^ a b "Engro Polymer, Tianchen China sign contract to set up plant". www.thenews.com.pk.
- ^ https://khistocks.com/market-live/companies-live/detailed-view/EPCL.html