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National Fertilizer Corporation was established by the Government of Pakistan in August 1973 to expand state's role in the fertilizer Industry of Pakistan. [4] Syed Babar Ali served as the first chairman of National Fertilizer Corporation appointed by Zulfikar Ali Bhutto the then Prime Minister of Pakistan .
Pages in category "Fertilizer companies of Pakistan" The following 3 pages are in this category, out of 3 total. This list may not reflect recent changes. E.
In 1991, Exxon exited Pakistan and its shareholding of 75 percent was acquired by the employees of Exxon Chemical Pakistan in the management buyout. [4] Two years later, in 1993, Engro relocated a second-hand modular ammonia and urea plant to Pakistan which resulted in an increased annual production capacity of 600,000 tons. [ 6 ]
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.
The riots followed dramatic hikes in the price of food and fuel, with the price of beef rising from US$1.68 to $2.16 per kilogram, and the price of gasoline rising from $1.44 to $2.04 per liter, in only three days. [119]
Agriculture is considered the backbone of Pakistan's economy, which relies heavily on its major crops. [1] Pakistan's principal natural resources are arable land and water. Agriculture accounts for about 18.9% [2] of Pakistan's GDP and employs about 42.3% of the labour force. The most agricultural province is Punjab where wheat & cotton are the ...
Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [64]
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