Reduced jute usage causes environment degradation




STAFF REPORT KHI: The export, consumption and production of jute are gradually declining in the country, which calls for immediate attention of the government, said Muhammad Younus, Secretary General of Pakistan Jute Manufacturers Association (PJMA).
The production of jute in the country was 103,957 tons in 2003/04, but now it stands at 101,722 tons in 2013/14, while it touched heights of 137,411 tons during 2008/09. Similarly, the consumption of raw jute in 2007/08 was 134,427 tons

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Reduced gas supply impacted fertilizer sector

STAFF REPORT IBD: Gas curtailment caused by the flagrant violation of the contractual obligations by SNGPL has severely impacted the operations of the fertilizer business in Pakistan. Due to this negative situation, the Engro Corporation Limited made a net loss of Rs 2,978 million during the nine months of 2012 as compared to the net profit of Rs 3,510 million during the same period last year.This was disclosed at a meeting of BoD of the company here last week. The loss is directly attributable

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Reduced gas supply impacted fertilizer sector

STAFF REPORT IBD: Gas curtailment caused by the flagrant violation of the contractual obligations by SNGPL has severely impacted the operations of the fertilizer business in Pakistan. Due to this negative situation, the Engro Corporation Limited made a net loss of Rs 2,978 million during the nine months of 2012 as compared to the net profit of Rs 3,510 million during the same period last year.This was disclosed at a meeting of Board of Directors of the company here last week. The loss is

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