Engro Plans Big Urea Complex in Pakistan

Engro Chemical Pakistan (Karachi) says it plans to build a $1-billion complex to produce 1.3 million m.t./year of urea in the northern Sindh province of Pakistan. Engro is arranging a €120-million ($159.6 million) loan from a consortium of banks led by the National Bank of Pakistan and the Habib Bank, to partly finance the scheme. The government of Pakistan approved last December an allocation of 100 million cu feet/day of gas from the Qadipur gas field in Sindh, for the...

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