By improving its production efficiency, fertiliser industry can contribute up to $1 billion annually to the national exchequer, a senior official of Engro Fertilizers, said. “By exporting 0.8 million tonnes of urea we can earn in the range of $500 million to $900 million, depending on the international prices. But by de-bottlenecking the production capacity … Read more
LAHORE: Urea industry’s role in Pakistan, being an agrarian state with 20 per cent GDP contribution and around 70 per cent of the total population depending on agriculture for its livelihood, has been pivotal. Prior to 1980/81, Pakistan imported over 50 per cent of its annual fertiliser requirements and had been a net importer till 2012. … Read more
KARACHI: The board of directors of Fatima Fertilizer Company has approved the company’s proposed plan to acquire 84.51 per cent stakes in Samba Bank Limited, a bourse filing said on Monday. The board also accorded approval for the company to conduct due diligence on the potential acquisition. It may be mentioned here that the Saudi … Read more
