April 19, 2022 (MLN): Engro Polymer and Chemicals Limited (EPCL) has announced the successful commissioning of pure Oxygen based VCM technology at a cost of Rs2.2 billion, the company’s filing on the bourse revealed today.
To recall, on November 26, 2018, the Board of Directors of the company approved a CAPEX of USD9 million to shift to pure Oxygen based VCM technology which will reduce raw material consumption of the company by approximately 2%.
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