LAHORE: Pakistan Chemical Manufacturers Association (PCMA) Monday elected Jahangir Piracha, Chief Executive
Officer for Engro Polymer & Chemicals Limited, as its President.
While, Haroon Ali Khan of CHT and Abdul Hai Usman Ghani of Ittehad Chemical have been elected as
Senior Vice President and Vice President, respectively. On assuming charge as PCMA President, Piracha expressed determination to launch a sustainable move for bringing the Naphtha Cracker Complex dream
into reality. He said that heavy investment required for the project could not be born neither by the
government alone nor by the private sector.
Foreign investment from Saudi Arabia, China and other friendly countries would be helpful in establishing
the Naphtha Cracker Complex in Pakistan, he said, adding that he would reopen the negotiations with the prospective investors of China and Saudi Arabia, who had expressed keen interest in this project during
meeting with him as CEO Angro in the recent past.
Zafar Mehmood, outgoing President PCMA, while handing over the charge to the newly elected president,
said that all possible relief and facilities were obtained from the government during last year for survival
of the Chemical industry to fight against the Covid-19 catastrophe. He hoped that the newly elected office
bearers would be in a better position to do advocacy for the longstanding need of the Naphtha Cracker
Complex for the country to produce a wide range of chemicals, which were currently being imported from
abroad by spending heavy amount the foreign exchange.
Mubashir Ahmad, former Senior Vice President and Mohsin Zia, former Vice President extended congratulation
to the newly elected office bearers and assured of the best cooperation in promoting the cause of PCMA.
Haroon Ali Khan, newly elected Senior Vice President, and Abdul Hai Usman Ghani Vice President, while
taking over the charge of their offices in the PCMA vowed to serve the chemical manufacturing community
in the best of their capacities.
Syed Iqbal Kidwai, Secretary General of PCMA apprised the new office-bearers about ongoing projects
and plans of the PCMA and also presented an overview of the Annual Report of PCMA for the year 2020-21.