Jahangir Piracha on working towards a better, sustainable future. Read more at: bit.ly/3znxNbj #ENablingGROwth #Engro #EPCL #SustainableFuture #Economy #Growth

Jahangir Piracha on Working towards a better, Sustainable Future

CEO Engro Polymer & Chemicals, explains why the government needs to focus on the country's still nascent Petrochemical sector.

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"We were executing an extensive project, so normally, if we have 1200 people at our factory with the project, it was double, so it was challenging to change their behavior." - Jahangir Piracha, Chief Executive Officer at Engro Polymers & Chemicals
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"This new material is plastic, although it looks like and feels like wood, but it does not expand by water and has much higher heat resistance. 70 percent of our production goes into construction at all levels of products." - Jahangir Piracha, Chief Executive Officer at EPCL
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"In March, one part of that expansion came online, commercial operations started, and the second part of that expansion just finished in June." - Jahangir Piracha, Chief Executive Officer at EPCL
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"For now, our expansion has been entirely done and dusted, and almost 300,000 tons can now be produced in Pakistan. However, our goal is about 400,000 tons." - Jahangir Piracha, Chief Executive Officer at EPCL
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"We have already started exporting; we did about $11.5 million worth of export in the first half, and I see us finishing the year at $25 million. So our next project could go to 100,000 tons." - Jahangir Piracha, Chief Executive Officer at EPCL

Sep 15, 2021 · 9:20 AM UTC

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"IFC has been a partner with Engro Polymer and Engro Corporation for lots of our projects. We have sustained a 30-40-year-old relationship. They have always been very interested in anything we do." - Jahangir Piracha, Chief Executive Officer at EPCL
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