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Engro Polymer and Trading Arm Exported First Shipment of Caustic Soda from Pakistan

admin-augaf by admin-augaf
August 24, 2022
in Business, Finance
Reading Time: 2 mins read
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Engro Polymer and Trading Arm Exported First Shipment of Caustic Soda from Pakistan
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Karachi August 24 2022: Engro Eximp FZE, the global trading subsidiary of Engro Corporation, has successfully exported its first Caustic Soda bulk shipment in collaboration with Engro Polymer & Chemicals says company in its statement.

Engro Eximp FZE is continuously striving to tap potential trading opportunities in the energy, fertilizers, petrochemicals, and food & agriculture sectors, enabling more export engines for the sustainable economic growth of Pakistan.

Engro Polymer has 106k tons capacity of caustic soda while it only produced 92k tons in 2021.

According to Ghias Khan, President & CEO of Engro Corporation, “With a vision to expand the Group’s footprint outside Pakistan, we have opened our trading company in Dubai. Through its trading activities, Engro Eximp FZE will aim to create more export engines for sustainable economic growth.”

Engro Polymer & Chemicals Limited (EPCL) is the only integrated chlor-vinyl chemical complex in Pakistan.

“Caustic Soda is an important input material for the textile export sector and its demand is dependent on how this industry performs” says EPCL CFO.

EPCL is the sole manufacturer of PVC resin in Pakistan. Besides this the company also produces Chlor Alkali products like Caustic Soda, Sodium Hypochlorite and Hydrochloric Acid. It is a subsidiary of Engro Corporation, involved in the manufacturing, marketing and distribution of PVC under the brand name ‘SABZ’ and other quality Chlor-Vinyl allied products.

Engro Eximp FZE explores potential trading opportunities in the energy, fertilizers, petrochemicals and food & agriculture sectors.

Tags: ENGROEngro Polymer and ChemicalEPCL
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