Engro Polymer & Chemicals Limited (EPCL) held an analyst briefing session on 09th Feb’22 to discuss the CY21 financial result and future outlook.

· The efficiencies project, Oxy Vent Recycle (OVR) and High-Temperature Direct Chlorination (HTDC), will improve the margins. OVR is nearing completion, and HTDC is expected to be commissioned in 2023.

· Expected CAPEX for the Hydrogen peroxide plant is USD 30-35mn with a capacity of 28k tons/annum, while the current market size of Hydrogen peroxide is around 70-80k tons/annum. The Hydrogen peroxide plant is expected to come online in 2023.

Courtesy- AHL Research