Wednesday, December 19, 2007

Pakistan's Engro Polymer to invest US$250 mln in PVC expansion

Pakistan's Engro Polymer & Chemicals Ltd (EPCL) plans to invest US$250 million for PVC capacity expansion to meet PVC demand in Pakistan is estimated to be growing at 12% pa. Capacity will be increased by 50,000 metric tons through backward integration to 150,000 tpa by March 2009. EPCL currently produces almost 76% of the total PVC produced in the country.

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