Engro Fertilizers announces 26-day shutdown of Port Qasim plant

Engro Fertilizers (EFERT), one of Pakistan’s largest manufacturers of fertilizers, seeds and pesticides, announced a 26-day closure of its Port Qasim plant that produces ‘specialty fertilizers’.

The company shared the development in a notice to the Pakistan Stock Exchange (PSX) on Friday.

“Engro Fertilizers Limited has a plant situated at Port Qasim, which produces specialty fertilizers with an annual capacity of ~150 KT.

“The company wishes to announce that the plant will be shut down from June 5, 2023, to June 30, 2023, (both days inclusive) to more efficiently manage its inventory and production. Notwithstanding the temporary closure, the company intends to meet the projected demand for the products manufactured at the plant,” it added.

Engro Fertilizers Limited is a subsidiary of Engro Corporation. The company was incorporated in Pakistan in 2009 and is engaged in the manufacturing, purchasing, marketing, and selling of fertilizers, seeds, and pesticides besides providing logistics services.

A day ago, the company shared that its base plant has resumed urea production.

Last month, the company closed its base plant on account of unscheduled maintenance.

“The company has commenced necessary maintenance activities and the duration of the shutdown will be based on the extent of the repairs required,” EFERT said back then.