Engro Polymer Phase 3

active

Engro Polymers & Chemicals Limited (EPCL), established at Port Qasim industrial area, Karachi in 1997 as a joint venture between Engro Corporation (formerly Engro Chemicals), Asahi Glass Company of Japan and Mitsubishi, is the only fully integrated chlor-vinyl chemical complex in Pakistan. The company is involved in the manufacture, marketing and distribution of poly-vinyl chloride (PVC) and chlor-vinyl allied products including vinyl chloride monomer (VCM), caustic soda, hypochlorous acid and sodium hypochlorite.With multiple rounds of expansion, debottlenecking and backward integration the facility currently has the capacity annually to produce: 195,000 tons of PVC; 127,000 tons of ethylene dichloride (EDC) (raw material for VCM) and 195,000 tons of VCM (raw material for PVC).  EPCL also has capacity to store 3,300 tons of VCM and 2,000 tons of dry EDC. EPCL plans to increase the production of PVC and enhance plant productivity under Phase-III (the “project”) with estimated investment of US$ 92.3 million including IFC financing in form of an A loan of up to US$ 35 million. The project components include: (i) PVC expansion by 100,000 tpa, (ii) De-bottlenecking of VCM Plant to increase capacity by 50,000 tpa, (iii) Establishment of Caustic Soda Flakes Conversion Plant, (iv) Membrane replacement of caustic soda plant to maintain production and reduce gas consumption by 1 MMBTU/ton (4.3% of total consumption), (v) Upgradation of Gas Turbine to reduce gas consumption by 0.4 MMBTU/ton (2.6% of total consumption). The project will result in an increase of PVC resin production by 100,000 tons/year and increase of VCM storage by 6,600 tons and dry EDC storage by 5,000 tons. The project will also require expansion of utilities plant to include new cooling towers, a package boiler of 25 TPH of 12 bar steam, Reverse Osmosis plant/De-Min plant for 100 m3/hr of polished water production, and air compressor of 6,090 Nm3/hr with drying unit and PSA Nitrogen production unit of 1,200 Nm3/hr. The project will be installed within EPCL’s existing facility and adjacent land acquired from the parent company. EPCL is part of Engro group and a former IFC client under good standing for back integration project to increase production capacity under Phase-II (ID #25582). IFC has known Engro group since the early 1990s and has since invested across a number of its group companies including Elengy Terminal Pakistan, Engro Elengy Terminal, Engro Energy being the existing IFC clients.  EPCL’s operations are internationally certified for Integrated Management System (IMS) for quality (QMS ISO-9001), environment (EMS ISO-14001) and operational health & safety practices (OHSAS ISO-18001).