Engro Corporation Limited, formerly Engro Chemicals Pakistan Limited, and commonly known as Engro, is a Pakistani conglomerate headquartered in Karachi. It was founded as Esso Fertilizer in 1965 by Esso. Its subsidiaries, including Engro Energy, Engro Enfrashare, Engro Elengy Terminal, Engro Eximp FZE, Engro Eximp Agriproducts, Engro Fertilizers, Engro Polymer & Chemicals, and Engro Vopak Terminal, operate in energy, petrochemicals, fertilizers, port terminals, and telecommunications towers.
History
Engro Corporation was originally incorporated as Esso Pakistan Fertilizer Company in 1965 by Esso Standard Eastern to manufacture fertilizer in Pakistan based on the gas reserves it discovered in 1957 near Daharki, Ghotki District, Sindh.[3][4] Subsequently, it was listed on the Karachi Stock Exchange with the shareholding pattern of 75 percent owned by Esso (US$19 million) and 25 percent by the general public.