Pakistan’s two fertilizer giants merging to form new urea leader
The merger expected to enhance shareholder returns and solidify market position.
The merger expected to enhance shareholder returns and solidify market position.
The Competition Commission has issued notices to six major urea fertilizer companies and the Fertilizer Manufacturers Advisor Council (MAC) for alleged price fixing.
The adjustment in urea fertilizer prices comes as a direct response to significant increases in gas tariffs by the federal government.
Amid financial pressures, the government aligns gas prices for industry, stirring debate among stakeholders.
Government plans to support local agriculture sector by subsidizing urea imports through collaboration with Azerbaijan.
Amidst hoarding and market manipulation, major companies unite to ensure fair pricing for farmers.
Pakistan-based company demonstrates robust financial performance despite facing substantial gas supply challenges.
Rising revenues offset by government tax policy and foreign exchange losses, affecting profitability.