July 9, 2019 (MLN): Engro Polymer and Chemicals has released updates regarding its PVC expansion/ VCM debottlenecking project as of June 30, 2019, via a notification to Pakistan Stock Exchange.
“Engineering works for both the PVC 3 and new utilities plant have been completed. Civil works are now in progress. PVC 3 and new utilities plant consignments continue arriving at site. Factory Acceptance Tests of Key Equipment are under way at overseas vendor locations” the notice said.
“Major tranche of equipment to be used in VCM plant and debottlenecking including furnace and its spares along with other process equipment has arrived. New EDC Tank mechanical works are in final stages of completion. Tank is expected to be commissioned during Q3” it added.
Overall, the company is on track to meet the announced completion timelines.
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