|
|
Ecopack Limited, (EPL) was incorporated as a private limited
company in August 1991 to mainly manufacture PET preforms & bottles
for the Pakistani carbonated beverage and mineral water markets. The
first factory is located in Northern Pakistan at Hattar Industrial
Estate, NWFP province, to benefit both from various tax incentives and
the strategic proximity to the densely populated province of Punjab
& to the emerging Central Asian markets. The main project investment
was for the manufacture of PET preforms and bottles targeting the growing
carbonated soft drink (CSD) industry in Pakistan. In 1992 EPL was
converted into a public limited company and was successfully listed on
the Karachi Stock Exchange in March 1994. In 1999 Ecopack set-up its
second factory for blowing PET bottles in Karachi (Southern Pakistan) to
meet growing demand thus covering the complete breadth of the market.
Subsequently, through additional investment in new plant & equipment
at both Karachi
and the Hattar factory, EPL has increased its production capacity several
times and is presently in 2007 commissioning a bottle blowing line inside
a Pepsi Cola factory under a through-the-wall arrangement. Ecopack has a
capacity of over 280million bottles per annum and is therefore the
largest supplier of PET bottles in Pakistan.
|
