Pakistan’s Engro begins technical studies of proposed PDH-PP project
Nurluqman Suratman
09-Apr-2021
SINGAPORE (ICIS)–Engro Corp will spend $31.4m to conduct engineering, design and technical studies for its proposed polypropylene (PP) facility based on propane dehydrogenation (PDH), the Pakistan-based producer said on Friday.
A front-end engineering design (FEED) study will also be carried out on the PDH-PP project, it said in a filing on the Pakistan Stock Exchange.
“The results of these studies, when completed, are expected to inform the final investment decision in relation to this project, which decision will also be based on a conducive policy environment and arranging the right mix of debt and equity partners at such time,” the company said.
No timelines were disclosed on the completion of the project studies.
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