Karachi, March 13, 2025 – Engro Polymer & Chemical Limited (EPCL) has officially announced the successful commissioning of its High-Temperature Direct Chlorination (HTDC) and heat recovery patented technology, aimed at enhancing operational efficiency and significantly reducing carbon footprints.
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Engro Polymer Pays Rs 1.7 Billion in Super Tax for CY23
Karachi, February 21, 2024 – Engro Polymer and Chemical Limited (EPCL) has contributed Rs 1.7 billion as super tax for the calendar year 2023.
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EPCL Secures Gas Supply Agreement with SSGC until February 29, 2024
Karachi, December 7, 2023 – Engro Polymer and Chemical Limited (EPCL) has inked a crucial agreement with Sui Southern Gas Company Limited (SSGC) to ensure a stable supply of gas until February 29, 2024.
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Engro Polymer Supports Flood-Resilient Housing Solutions in Pakistan
Karachi, October 10: In a proactive move to address the escalating challenges of climate-related disasters, Engro Polymer and Chemicals Limited has taken a significant step by offering support for flood-resilient housing solutions in Pakistan.
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Engro Polymer Records 61% Decline in Half-Year After-Tax Profit
Karachi, August 10, 2023 – Engro Polymer and Chemicals Limited (EPCL) has encountered a substantial 61 percent drop in profit after tax for the half-year ending June 30, 2023.
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EPCL and SSGC Ink Deal for Gas Supply to Ensure Uninterrupted Operations
Karachi, August 1, 2023 – Engro Polymer & Chemicals Limited (EPCL) has signed a significant agreement with Sui Southern Gas Company Limited (SSGC) to secure the supply of gas for its captive power generation plant located at Port Qasim Industrial Zone in Karachi.
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Pakistan Seeks to Generate $300 Million in PVC Exports through Strategic Initiatives
Karachi, May 31, 2023: Pakistan is poised to capitalize on significant investments in domestic PVC production, with the potential to earn $300 million through the export of surplus volumes and products.
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Engro Polymer collaborates for industry-academia linkage program
KARACHI: Engro Polymer & Chemicals (EPCL), a subsidiary of Engro Corporation, signed a partnership on Wednesday, to understand (MoU) with the University of Engineering & Technology (UET), Lahore, to strengthen industry-academia linkage through cooperation in research and innovation along with professional development opportunities for students.
The MoU was signed by Jahangir Piracha, CEO of EPCL and Professor Dr. Syed Mansoor Sarwar, Vice Chancellor at UET Lahore, in the presence of officials of both institutions, and Pakistan Chemical Manufacturers Association representatives Haroon Ali Khan, Vice Chairman and Abrar Ahmed, Vice President.
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Under the agreement, EPCL and UET will jointly undertake research and development initiatives at the well-equipped testing facilities of the institute’s Polymer & Process engineering faculty. This partnership will enable quantitative advancements to EPCL’s PVC production process and the Quality function.
It will also enhance the knowledge base and availability of technical experts for EPCL’s Techno-Commercial functions. Using these facilities, EPCL may also provide technical and management consultancy and advisory services to PVC finished goods manufacturers for optimized performance and innovative solutions.
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For capability enhancement of UET students and faculty, EPCL will also assist students with pragmatic final year projects, will collaborate with the UET to develop and improve its curriculum, including subject matter specific to polymer industries, to ensure its alignment with the industry needs.
Jahangir Piracha, CEO of EPCL said, “We are continuously striving to introduce new market development and awareness initiatives that enhance sustainability in the construction sector. This strategic alliance with the UET has been envisioned to promote research and development in Pakistan so that the polymer sector can evolve with innovation. Moreover, we aspire to enhance the skills of our talented youth, support their learning and development, and make them more marketable for the industry.”
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Syed Mansoor Sarwar, Vice Chancellor at UET Lahore added that, “The students and faculty of UET are very excited about this partnership with EPCL. With our focus on research at the UET, I am confident that the industry will also benefit from our modern testing labs to support new product development. I hope that other players in the chemical industry also step up their efforts to bridge the industry-academia gap in Pakistan.”
As part of a Sustainable Development Initiative, the UET students will also be able to participate in EPCL’s community impact projects and gain valuable experience by solving real-world problems.
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Engro, BOP make arrangements for agri financing
KARACHI: Engro Fertilizers Limited and The Bank of Punjab (BOP) have made arrangements to provide financing to farmers through the bank’s branch network across Pakistan, a statement said on Thursday.
Under this arrangement, progressive farmers under Engro Fertilizers Limited’s Shandaar Kissan program will be able to avail financing on easy terms and concessional markup rates from the BOP. These farmers will avail of this facility to invest in their infrastructure, mechanization, and working capital for yield improvements.
This financing arrangement will help farmers to improve farm economics through better production and, thus, increase their income levels as well.
The MoU signing ceremony, held at Engro Fertilizers Limited’s Head Office in Karachi, was attended by Amir Iqbal – Chief Commercial Officer and Imran Ahmed – Chief Financial Officer of Engro Fertilizers Limited, whilst the BOP was represented by Farid Ahmed Khan – Group Chief Corporate Investment Banking and Asif Riaz – Group Head Retail & Priority Sectors Lending.
In a joint statement, Amir Iqbal (Chief Commercial Officer, Engro Fertilizers Limited) and Mr. Asif Riaz (Group Head Retail & Priority Sector Lending, The Bank of Punjab) shared that, “Prioritizing financial inclusion and well-being of farmers is key to develop the agricultural sector, which in turn results in the progress of Pakistan. We are excited to partner on this initiative that has the potential to transform the country’s agricultural landscape by promoting improved agri practices, thereby, enabling better crop yields and food security for the nation.”
This initiative is yet another milestone for both organizations in their journey to create a meaningful impact in the agri landscape of Pakistan. Last year, Engro Fertilizers Limited and the BOP had also partnered to deliver accessible warehouse receipt financing to farmers, traders, and processors, for the winter maize and basmati rice crop.
Under the Shandaar Kissan program, Engro Fertilizers Limited has registered more than 2500 selected farmers and provided them Seed to Harvest solutions to improve their farm productivity. On the other hand, the BOP continues to provide financial assistance under its vast range of agri products and SBP schemes.
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Engro Polymer plans to setup Circular Plastics Institute
KARACHI: Engro Polymer and Chemicals Limited (EPCL) has planned to establish a Circular Plastics Institute (CPI), a not-for-profit thinktank, to promote research and development in Pakistan’s circular plastics economy, said a press release issued on Thursday.
Pakistan faces the pervasive problem of plastic pollution as the country generated 3.9 million tons of plastic waste in 2020, and it has the highest percentage of mismanaged plastic in South Asia.
In line with Engro’s central idea of solving the most pressing issues of our time, the CPI is aimed to be a pioneer establishment in Pakistan that will streamline efforts towards the circular economy through knowledge exchange and collaboration across Government, businesses, and civil society sectors.
By rethinking its plastic problem, Pakistan can benefit from effective resource management to support job creation and innovation in the economy, while also conserving the environment through lower plastic waste.
Globally, countries like Sweden and Germany are reaping the benefits of promoting a circular economy by making it a key part of government policy.
The Circular Plastics Institute is expected to undertake research on municipal solid waste management, with a focus on plastics (specifically PVC). The Institute will be capable of advising legislation and policy to help Pakistan achieve its global commitments of a zero-waste future by 2030.
It will also be aligned with the Global Development Practice to address UN Sustainable Development Goals, including sustainable cities and communities, responsible consumption, climate action, life below water, life on land and partnerships for the goals.
According to Jahangir Piracha, CEO of EPCL, “While the demand for plastics is growing every year, the main problem is its responsible collection and disposal.
“Customization of global best practices, coupled with local knowledge, is needed to reach our sustainable development goals. Once established, the Circular Plastics Institute will take us a step closer towards our vision of enabling a zero-waste future. This platform will also aim to increase economic activity in Pakistan by instilling circular economy principles, eliminating waste and safeguarding natural resources.”
The CPI will be designed by Maleeha Habib, a student of Harvard University’s Extension School. “Engro’s establishment and support of CPI will open critical areas of opportunity for Pakistan including collaboration with international organizations, conservation of natural ecosystems, reduction of environmental impact, improvement of health and well-being for its citizens and economic development through innovation” said Will O’Brien, Capstone Advisor, Global Development Practice, Sustainability, Harvard University Division of Continuing Education.
Acknowledging the need of CPI for Pakistan Fahd Khawaja, Chief Commercial Officer of EPCL said “It is important to provide a platform to all stakeholders including students, government officials, policy makers and public at large to educate them about the concept of circularity/circular economy and recycling.”
A virtual signing ceremony of this initiative was organized in the presence of Jahangir Piracha (CEO of EPCL), Will O’Brien (Capstone Advisor), Judith Rodriguez (Capstone Instructor, Global Development Practice, Division of Continuing Education), Fahd Khawaja (Chief Commercial Officer of EPCL), Maleeha Habib (graduate student of Global Development Practice, Harvard University’s Extension School) and the Management team of EPCL and Engro Foundation.