Urea – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Thu, 05 Dec 2019 13:10:21 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.3 Fertilizer manufactures post mixed results in q3 http://www.pakistaneconomist.com/2019/11/25/fertilizer-manufactures-post-mixed-results-in-q3/ http://www.pakistaneconomist.com/2019/11/25/fertilizer-manufactures-post-mixed-results-in-q3/#respond Sun, 24 Nov 2019 20:31:59 +0000 http://www.pakistaneconomist.com/?p=34741 Profit of fertilizer manufacturers of Pakistan has declined by 31%YoY to Rs8.6 billion for 3Q2019, primarily due to 1) decrease in gross profit margins, 2) increase in administrative expense up by 33%YoY, and 3) spike in finance cost by 110%YoY. The analysis is based on sample of 4 largest listed companies, namely Fauji Fertilizer (FFC), …

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Engro Fertilizers a trusted partner of Pakistani farmers http://www.pakistaneconomist.com/2019/11/25/engro-fertilizers-a-trusted-partner-of-pakistani-farmers/ http://www.pakistaneconomist.com/2019/11/25/engro-fertilizers-a-trusted-partner-of-pakistani-farmers/#respond Sun, 24 Nov 2019 20:12:06 +0000 http://www.pakistaneconomist.com/?p=35105 Interview with Mr Nadir S. Qureshi – Chief Executive Officer, Engro Fertilizers Limited PAGE: Can you please share as to whether Engro is doing something to improve the productivity of agriculture sector in the country? Nadir S. Qureshi: Engro has been a trusted partner of Pakistani farmers for the last 50 years and has directly contributed …

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Fertilizer production rises by 2.6pc in July-March 2018-19 http://www.pakistaneconomist.com/2019/11/25/fertilizer-production-rises-by-2-6pc-in-july-march-2018-19/ http://www.pakistaneconomist.com/2019/11/25/fertilizer-production-rises-by-2-6pc-in-july-march-2018-19/#respond Sun, 24 Nov 2019 19:50:42 +0000 http://www.pakistaneconomist.com/?p=34766 According to the analysis recorded by the Ministry of Finance FY2019, fertilizer is the most important (and an expensive) input contributing 30 to 50 percent to crop yield in Pakistan. Its share in cost of production of major crops is around 10 to 15 percent. Analysis also showed that the local production of fertilizers during …

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Urea manufacturers can earn $250m per annum if right impetuses are offered http://www.pakistaneconomist.com/2019/09/30/urea-manufacturers-can-earn-250m-per-annum-if-right-impetuses-are-offered/ http://www.pakistaneconomist.com/2019/09/30/urea-manufacturers-can-earn-250m-per-annum-if-right-impetuses-are-offered/#respond Sun, 29 Sep 2019 20:03:16 +0000 http://www.pakistaneconomist.com/?p=32924 At present Pakistan suffers from precarious balance of payment situation. Its exports are too paltry to finance imports. Though, remittances are reasonable, meeting debt service obligation has got out of control. Even the recently acquired facility from International Monetary Fund (IMF) and other countries will soon prove insufficient. In the prevailing situation the country has …

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Higher commodity prices to keep Pakistan’s balance of payment under pressure http://www.pakistaneconomist.com/2019/03/11/higher-commodity-prices-to-keep-pakistans-balance-of-payment-under-pressure/ http://www.pakistaneconomist.com/2019/03/11/higher-commodity-prices-to-keep-pakistans-balance-of-payment-under-pressure/#respond Sun, 10 Mar 2019 19:53:32 +0000 http://www.pakistaneconomist.com/?p=26428 At present Pakistan faces two contentious problems, depreciating currency and rising inflations. Both the issues are badly intertwined and cannot be separated. The hike in the international prices of energy and food products also erodes foreign exchange reserves of the country. It is must that policy planners keep an eye on the movement of commodity …

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Fauji Fertilizer Company Limited at a Glance http://www.pakistaneconomist.com/2018/11/26/fauji-fertilizer-company-limited-at-a-glance/ http://www.pakistaneconomist.com/2018/11/26/fauji-fertilizer-company-limited-at-a-glance/#respond Sun, 25 Nov 2018 19:56:55 +0000 http://www.pakistaneconomist.com/?p=22805 Fauji Fertilizer Company Limited (FFC) was incorporated in 1978 as a joint venture between Fauji Foundation, a charitable trust in Pakistan and Haldor Topsoe A/S of Denmark to set up a urea production facility with capacity of 570 thousand tonnes per annum. Over the years, FFC has grown through reinvestment in fertilizer sector and at …

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Need to address issues facing fertilizer manufacturers http://www.pakistaneconomist.com/2017/11/13/need-address-issues-facing-fertilizer-manufacturers/ http://www.pakistaneconomist.com/2017/11/13/need-address-issues-facing-fertilizer-manufacturers/#respond Sun, 12 Nov 2017 23:50:20 +0000 http://www.pakistaneconomist.com/?p=11339 One of the prime focuses of economic managers of Pakistan should be ‘achieving food security’ to fill the stomach of over 220 million people living in the country. To keep the prices of eatables affordable two-pronged policy has to be followed: 1) keeping prices of inputs low and 2) offering subsidies to farmers to protect …

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Pakistani urea manufacturers fall victim to the supply glut http://www.pakistaneconomist.com/2017/07/24/pakistani-urea-manufacturers-fall-victim-to-the-supply-glut/ http://www.pakistaneconomist.com/2017/07/24/pakistani-urea-manufacturers-fall-victim-to-the-supply-glut/#respond Sun, 23 Jul 2017 20:08:09 +0000 http://www.pakistaneconomist.com/?p=4852 In the recent past Pakistan attained self-sufficiency in urea production, after having remained a net importer of the commodity for a long time. This not only helped in timely and ample availability of the commodity, but also saved the government from spending millions of dollars on its import and payment of billions of rupees subsidy. …

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Engro Fertilizers Ltd making advancement in urea production http://www.pakistaneconomist.com/2017/04/10/engro-fertilizers-ltd-making-advancement-in-urea-production/ http://www.pakistaneconomist.com/2017/04/10/engro-fertilizers-ltd-making-advancement-in-urea-production/#respond Mon, 10 Apr 2017 01:22:03 +0000 http://pakistaneconomist.com/?p=2176 Engro Fertilizers Limited is a subsidiary of Engro Corporation and a renowned name in Pakistan’s fertilizer industry. It is traded on the stock market under the symbol ‘EFERT. Engro holds a vast, countrywide production and marketing infrastructure and produces leading fertilizer brands optimized for domestic cultivation needs and demand. Engro is also a leading importer …

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