November 29, 2022 (MLN): On the basis of root cause analysis, the EnVen Plant at Engro Fertilizer Limited (PSX: EFERT) is expected to resume its operations from December 06, 2022, the company filing on PSX showed today. 

The plant tripped on November 23 and since then it was temporarily been shut down. In order to understand the root cause, the company started relevant analysis and undertook appropriate work to resume operations.

"The company shall keep the Pakistan Stock Exchange posted about the situation as it evolves," the notification read further. 

to recall, the same plant also faced an unscheduled breakdown in July 2022 which resulted in an estimated production loss of around 111KT.

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Posted on: 2022-11-29T15:21:02+05:00