Engro Fertilizers ( ) is a Pakistani

fertiliser A fertilizer or fertiliser is any material of natural or synthetic origin that is applied to soil or to plant tissues to supply plant nutrition, plant nutrients. Fertilizers may be distinct from Liming (soil), liming materials or other non- ...

manufacturing company headquartered in

Karachi Karachi is the capital city of the Administrative units of Pakistan, province of Sindh, Pakistan. It is the List of cities in Pakistan by population, largest city in Pakistan and 12th List of largest cities, largest in the world, with a popul ...

with its manufacturing facility located at

Daharki Daharki () is a city in Ghotki District in the Sindh province of Pakistan. It is the capital of Daharki Taluka, an administrative subdivision of the district with an area of 2,088 km2. It is situated about 100 km north-east of Sukkur, bet ...

, and a facility located at

Port Qasim The Port Muhammad Bin Qasim ( ''Bandar-gāh Muhammad bin Qāsim''), or Qasim Port Authority (), also known as Port Qasim, is a deep-water seaport in Karachi, Sindh, Pakistan, on the coastline of the Arabian Sea under the administrative control ...

as well. It is a subsidiary of

Engro Corporation Engro Corporation Limited, formerly Engro Chemicals Pakistan Limited, and commonly known as Engro ( ), is a Pakistani conglomerate (company), conglomerate headquartered in Karachi. It was founded as Esso Fertilizer in 1965 by Esso. Its subsidiar ...

. It has 35% market share of the Pakistani fertilizer market as of 2023.

History

Engro Fertilizers was demerged from the parent company

in 2010. In June 2011, Engro commissioned the EnVen plant at a cost of $1.1 billion. It was built under the 2001 Fertilizer Policy of Pakistan in which the

Government of Pakistan The Government of Pakistan () (abbreviated as GoP), constitutionally known as the Federal Government, commonly known as the Centre, is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, con ...

guaranteed gas supply at a reduced rate for ten years. The contract was signed with

Sui Northern Gas Pipelines Limited Sui Northern Gas Pipeline Limited () is a Pakistani state-owned gas distribution company based in Lahore. It is listed on the Pakistan Stock Exchange. SNGPL is the largest integrated gas company serving more than 7.22 million consumers in no ...

, which defaulted on their contract and in 2013 Engro claimed in damages. In December 2013, Engro was listed on the

Karachi Stock Exchange The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a Frontier markets, frontier market on 8 September 2021. Pakistan Stock Exchange was fou ...

, following an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

at a strike price of . In February 2015, Engro Fertilizers acquired Engro Eximp Private Limited from

. Engro Eximp imports

diammonium phosphate Diammonium phosphate (DAP; IUPAC name diammonium hydrogen phosphate; chemical formula (NH4)2(HPO4)) is one of a series of water- soluble ammonium phosphate salts that can be produced when ammonia reacts with phosphoric acid. Solid diammonium ph ...

(DAP) fertilizer in Pakistan. In June 2016,

sold 28 percent of its stake in Engro Fertilizers to private investors for $185 million.

Production

Pakven 600

Pakven 600 was commissioned in September 1993, which increased Engro's urea production capacity from 268,000 tons to 600,000 tons per annum. It was an imported second-hand plant which was installed at a cost of $130 million. In July 1995, Engro further increased its capacity by 150,000 tons per annum at a cost of $23 million. The plant has outlived its useful life. In 2021, Engro increased its capacity from 500,000 tons to 780,000 tons per annum and a year later further expanded it to 950,000 tons per annum.

EnVen

The EnVen plant is located in

. The construction of the plant began in 2007. It was commissioned in 2011 at a cost of $1.1 billion. It was built under the provisions of the 2001 fertilizer policy in which the

gave a guarantee of subsidized gas for a period of ten years. The plant has a designed annual production capacity of 1.3 million tons of urea fertilizer. In 2023, Engro Fertilizers reported a record urea production of 2.3 million tonnes, a 18.3% increase over previous year's production. In June 2024, Engro completed the largest turnaround of the EnVen plant over a period of 2 months, with investment of around $50 million and a manpower of more than 6000 people.

NPK Plant

Zarkhez NPK plant is located at

Port Bin Qasim The Port Muhammad Bin Qasim ( ''Bandar-gāh Muhammad bin Qāsim''), or Qasim Port Authority (), also known as Port Qasim, is a deep-water seaport in Karachi, Sindh, Pakistan, on the coastline of the Arabian Sea under the administrative control ...

, Karachi. It was commissioned in 2000 and had an annual production capacity of 100,000 metric tons. The plant has since been debottlenecked and production capacity increased to 145,000 metric tons.

References

External links

* {{DEFAULTSORT:Engro Fertilizers Engro Chemical companies established in 2010 Pakistani companies established in 2010 2013 initial public offerings Companies listed on the Pakistan Stock Exchange Companies in the KSE 100 Index manufacturing companies based in Karachi Fertilizer companies of Pakistan