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Engro Corporation Limited, formerly Engro Chemicals Pakistan Limited, and commonly known as Engro (Urdu pronunciation: [ɛn.ˈɡɾoː] en-GROW), is a Pakistani conglomerate headquartered in Karachi. It was founded as Esso Fertilizer in 1965 by Esso .
Engro Fertilizers was demerged from the parent company Engro Corporation in 2010. [1] [6]In June 2011, Engro commissioned the EnVen plant at a cost of $1.1 billion. [7] [8] 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.
Engro (Urdu pronunciation: [ɛn.ˈɡɾoː] en-GROW) may refer to: Engro Holdings Limited, formerly Dawood Hercules, a Pakistani holding company Engro Corporation, a conglomerate which merged with Dawood Hercules in January 2025. Subsidiaries include: Engro Fertilizers; Engro Polymer; Engro Powergen Thar
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
Engro Fertilizers: Rs. 272.65 billion (US$940 million) Karachi: Fertilizer [2] 13: Habib Bank Limited: Rs. 255.91 billion (US$890 million) Karachi: Banking [2] 14: Engro Corporation: Rs. 238.95 billion (US$830 million) Karachi: Conglomerate [2] 15: Bestway Cement: Rs. 213.89 billion (US$740 million) Islamabad: Cement [2] 16: Pakistan State Oil ...
In August 1967, the National Economic Council of Pakistan gave its approval to the project. [2] The fertilizer plant, with a capacity to manufacture 345,000 tons of urea per annum, was constructed in Chichoki Mallian, Sheikhupura, Punjab, at a total cost of $78.2 million; with a loan component of $32 million, provided by the World Bank. [2] [4]
FrieslandCampina Engro Pakistan was founded as a subsidiary of Engro Chemicals Pakistan Limited in 2005. [3] Its plant became operational in 2006. [4] In 2011, Engro Foods was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 25. [5]
Engro Polymer & Chemical Limited (Urdu pronunciation: [ɛn.ˈɡɾoː ˈpɒ.lɪ.mər] en-GROW-POL-ih-mər) is a Pakistani polymer manufacturing company based in Karachi, Pakistan. [4] It is a subsidiary of Engro Corporation with a local market share of more than 70%.