Engro Corporation

Engro Corporation
FormerlyEsso Fertilizer Limited (1965–1978)
Exxon Chemical Pakistan Limited (1978–1991)
Engro Chemicals Pakistan Limited (1991–2010)
Company typePublic
PSXENGRO
KSE 100 component
KSE 30 component
ISINPK0012101017
IndustryConglomerate
Founded1965; 59 years ago (1965)
HeadquartersHarbour Front Building, Clifton, Karachi-75600
Area served
Pakistan
Key people
Hussain Dawood (Chairman), Ahsan Zafar Syed (President & CEO)
ProductsZabardast Urea, SABZ (PVC), Think PVC, etc.
RevenueIncrease Rs. 482.4 billion (US$1.7 billion) (2023)[1]
Increase Rs. 36.1 billion (US$130 million) (2023)
Total assetsIncreaseRs. 802.4 billion (US$2.8 billion) (2023)
Total equityIncrease Rs. 223.1 billion (US$770 million) (2023)
OwnerDawood Hercules[2] (39.97%)
Number of employees
3,510 (2023)
SubsidiariesEngro Energy
Engro Enfrashare
Engro Elengy
Engro Eximp FZE
Engro Fertilizers (56.45%)
Engro Polymer & Chemicals (56.19%)
Engro Vopak Terminals
FrieslandCampina Engro Pakistan (40%)
Websiteengro.com

Engro Corporation (Engro) (Urdu: اینگرو کارپوریشن) is a Pakistani conglomerate headquartered in Karachi.[3][4]

Founded as a fertilizer business in 1965, Engro is one of the largest companies in the country,[5] employing over around 3,500 individuals across the Group.[1] It operates in five industry areas: Food and Agriculture, Energy and Related Infrastructure, Petrochemicals, Telecommunication Infrastructure, and International Trading.[5][6] It's subsidiaries include Engro Energy, Engro Enfrashare, Engro Elengy Terminal, Engro Eximp FZE, Engro Eximp Agriproducts, Engro Fertilizers, Engro Polymer & Chemicals, and Engro Vopak Terminal. Other notable associate/joint venture companies include FrieslandCampina Engro. Engro was the first Pakistani company to become a signatory of the UN Global Compact (UNGC) and adopt the Global Reporting Initiative (GRI) framework for measuring and reporting corporate performance on economic, social, and environmental parameters.[7]

  1. ^ a b "Annual Report 2023" (PDF). Engro Cooperation Limited. 23 February 2024. p. 382. Retrieved 23 May 2024.
  2. ^ "ENGRO - Engro Corporation Limited". Pakistan Stock Exchange (PSX). Retrieved 1 July 2023.
  3. ^ "Company case studies - Engro Corporation Ltd" (PDF). Deutsche Investition- und Entwicklungsgesellschaft (DEG). Retrieved 2 July 2023.
  4. ^ Goldbaum, Christina; Bubola, Emma (22 June 2023). "Shahzada Dawood, Wealthy Executive, Died With Teenage Son Aboard Submersible". The New York Times. ISSN 0362-4331. Retrieved 23 June 2023.
  5. ^ a b Jamal, Nasir (8 July 2019). "Engro's big dreams". Dawn. Retrieved 1 July 2023.
  6. ^ Cite error: The named reference EngroChange was invoked but never defined (see the help page).
  7. ^ Ashique Ali Jhatial; Nelarine Cornelius; James Wallace (2014). "Corporate Social Responsibility in Pakistan: Corporate Engagements in the Local Community and their Social Impact". In Fukukawa, Kyoko (ed.). Corporate social responsibility and local community in Asia. London, New York: Routledge. p. 118. ISBN 978-0-415-62765-8.