Engro revenues show robust growth of 35% in 2023

ISLAMABAD, Feb 26 (APP):Engro Corporation experienced robust growth in revenue in 2023, with a remarkable 35% increase, reaching Rs. 482 billion on a consolidated basis. Additionally, the company’s consolidated Profit After Tax (PAT) before accounting for the impact of the remeasurement of thermal energy assets surged to Rs. 66 billion, compared to Rs. 46 billion… Continue reading Engro revenues show robust growth of 35% in 2023

Engro Fertilizers welcomes gas tariff revision as a step in the right direction

ISLAMABAD, Feb 20 (APP):Engro Fertilizers has welcomed the bold decision of the government to remove the subsidy for fertilizer manufacturers that get their gas from the Sui Northern Gas Pipelines Limited (SNGPL) network, which represents 60% of all fertilizer manufacturing capacity. In a press release issued here on Tuesday, the Engro said that it fully… Continue reading Engro Fertilizers welcomes gas tariff revision as a step in the right direction

Shipping activity at Port Qasim

KARACHI, Jan 05 (APP):Three ships namely, Ianthe, FSM and Bolan scheduled to load/offload Bitumen, LPG and Gas oil, berthed at Multi-Purpose Terminal, Engro Terminal and Oil Terminal respectively on Thursday. Meanwhile two more ships, Athenian and AnanyaNaree also arrived at outer-anchorage of the Port Qasim on during last 24 hours load/unload Containers and Rice respectively.… Continue reading Shipping activity at Port Qasim

Engro foundation recognizes NDF, ConnectHear with IATC Impact Awards 2022

ISLAMABAD, Mar 27 (APP):Engro Foundation, the social investment arm of Engro Corporation, has announced National Disability and Development Forum (NDF) and ConnectHear as the two recipients of the “I Am the Change (IATC) Impact Awards 2022”. Initiated in 2012, IATC is the flagship initiative of Engro Foundation to recognize and reward philanthropic and social enterprises… Continue reading Engro foundation recognizes NDF, ConnectHear with IATC Impact Awards 2022

Engro Polymer, chemicals, UET Lahore signed MoU on industry-academia linkage program

ISLAMABAD, Jul 6 (APP):Engro Polymer and Chemicals (EPCL), a subsidiary of Engro Corporation, has signed a Memorandum of Understanding (MoU) with University of Engineering and Technology (UET), Lahore, to strengthen industry-academia linkage through cooperation in research and innovation along with professional development opportunities for students. The MoU was signed by Jahangir Piracha (CEO of EPCL)… Continue reading Engro Polymer, chemicals, UET Lahore signed MoU on industry-academia linkage program

Engro Foundation becomes largest supporter of Indus River dolphins

ISLAMABAD, Mar 16 (APP):World Wildlife Fund (WWF-Pakistan) and Engro Foundation has entered into a first-of-its-kind partnership for the conservation and management of the endangered Indus River dolphins. The project would focus on the core habitat of the 500 km (approximate) Indus River stretch between Taunsa and Sukkur barrages, said a news release. This stretch is… Continue reading Engro Foundation becomes largest supporter of Indus River dolphins

CFO Engro fertilizer lauds PTI government agri policies

ISLAMABAD, Dec 23 (APP): Engro Fertilizers Limited Chief Financial Officer (CFO), Imran Ahmed has lauded the Pakistan Tehreek-e-Insaf (PTI) government’s far-sighted policies to improve the country’s agricultural landscape claiming that the government’s efforts have increased earnings of wheat and sugarcane by 59% and 47% respectively in 2021 compared to last year. In a press talk,… Continue reading CFO Engro fertilizer lauds PTI government agri policies

EETL handles 1,226 bcf LNG annually: CEO

ISLAMABAD, Dec 20 (APP):Engro Elengy Terminal Limited (EETL), Pakistan’s first LNG terminal, is handling around 25 million tonnes per annum (MTPA) Liquefied Natural Gas (LNG) (1,226 bcf Gas), since it’s commissioning in 2015, to meet the energy needs of the country. The terminal has successfully handled about 419 Ship-To-Ship cargoes safely and at the fastest… Continue reading EETL handles 1,226 bcf LNG annually: CEO

Govt incentivizes industrial sector for wealth creation: PM

KARACHI, Dec 10 (APP):Prime Minister Imran Khan on Friday said since wealth creation was not possible without industrialization in the country, which was mandatory for repayment of debts, the incumbent government incentivized this sector. Addressing as a chief guest at the inauguration ceremony of Engro Polymer & Chemicals PVC-III at the Governor House, he said… Continue reading Govt incentivizes industrial sector for wealth creation: PM

IFC to partner with Engro to reduce plastic waste

ISLAMABAD, Dec 6 (APP): To step up the fight against climate change in Pakistan, International Finance Corporation (IFC) is partnering with Engro Corporation to help reduce plastic waste promote recycling, and boost the company’s energy efficiency. The project is part of IFC’s Pakistan Resource Efficiency Program, which aims to improve efficiency, cost-competitiveness, reliability, and productivity… Continue reading IFC to partner with Engro to reduce plastic waste

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