Board meeting of Engro Polymer and Chemicals Limited to be held on August 04, 2015

Karachi: Engro Polymer and Chemicals Limited informed Karachi Stock Exchange that board meeting of the company is scheduled to be held on August 04, 2015 at Karachi. The agenda of the meeting is to consider Quarterly Accounts for period ended June 30, 2015 for declaration of any entitlement.

Further, the closed period of the company shall be from July 28, 2015 to August 04, 2015.

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, Asahi Glass Company and Mitsubishi Corporation to set up a 100,000 ton capacity PVC plant at Port Qasim. The plant came into commercial operation in 1999.

In 2006, Asahi Glass divested from the business and Engro Chemical acquired its shareholding. The name of the company was changed to Engro Polymer & Chemicals Limited. The registered office of the company is located in Karachi.

Other than producing caustic soda, sodium hypochlorite, EDC and VCM, Engro Polymer & Chemicals Limited is also the manufacturer of PVC resin in Pakistan.

The symbol “EPCL” is being used by the stock exchange for the shares of Engro Polymer and Chemicals Limited.