Karachi April 19 2022: Engro Polymer and Chemical (EPCL) announce that the Board of Engro Polymer & Chemicals Limited (EPCL) in its meeting dated April 18th, 2022 has approved a CAPEX of USD 4 million for conducting Basic Engineering followed by a Front End Engineering Design (FEED) study in relation to de-bottlenecking its VCM production facility to 300 KT per annum (the “Project”).
The results of these studies, when completed, will lead to the final investment decision in relation to the Project.”