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MANAGEMENT
ASSIGNMENT-3
S. M. Hassan Naqvi
EMBA 2nd Semester Sec ‘B’
Seat # E22454105127
Company: Engro Polymer & Chemicals Limited
History
1997
The company was set up in 1997 by the name of Engro Asahi Polymer and Chemical Ltd.
It was a joint venture between Engro Chemical (50%), Asahi Glass Company (30%) and
Mitsubishi Corporation (20%) to set up a 100,000-ton capacity PVC plant at Port Qasim.
1999
Asahi Glass divested from the business and Engro Chemical acquired its shareholding.
The name of the company was changed to Engro Polymer & Chemicals Limited.
Expansion / backward integration project launched.
2007
The Company embarked upon an expansion and back integration project to enhance the
PVC capacity to 150 KT and set up a EDC-Vcal and Chlor-alkali plants.
2008
Engro Polymer and Chemicals secures US$35 million from International Finance
Corporation (IFC), a billion-dollar expansion plan.
Announcement of an extensive expansion plan.
Rights share issuance of Rs. 5.4 Bn.
2019
PVC-III completion
Highest ever profitability in EPCL’s history.
Preference shares issuance of Rs. 3 billion. IPO was oversubscribed by 5.4 times
Vision:
Lead Pakistan in Polymers & Allied Chemicals with International Footprint.
Mission:
Our mission is to achieve innovative growth which creates value for our stakeholders,
customers and employees. Our commitment is to maintain the highest standards of
ethics, safety and environmental responsibility
Concept:
Product Mix Chart
Poly Vinyl Chloride Chlor Alkali
PVC Resin Caustic Soda
Sodium Hypocrite
Hydrochloric Acid
Length: 04
Width: 02
Depth: 09
Sodium Hydrochloric
PVC Resin Caustic Soda
Hypocrite Acid
Caustic
au-67s
Soda Liquid
Caustic
au-67r
Soda Flakes
au-60
au-58
au-72