Engro Fertilizers

Engro Fertilizers was demerged from the parent company Engro Corporation 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 guaranteed gas supply at a reduced rate for ten years. The contract was signed with Sui Northern Gas Pipelines Limited, which defaulted on their contract and in 2013 Engro claimed in damages. In December 2013, Engro was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of . In February 2015, Engro Fertilizers acquired Engro Eximp Private Limited from Engro Corporation. ==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 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. It was built under the provisions of the 2001 fertilizer policy in which the Government of Pakistan gave a guarantee of subsidized gas for a period of ten years. 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, Karachi. The plant has since been debottlenecked and production capacity increased to 145,000 metric tons. ==References==