Journey

To play their collective part in the COVID-19 pandemic, The Dawood Foundation and Engro Foundation, under the guidance of Hussain Dawood, made a pledge for contribution in services, kind, and cash of PKR 1 billion for the short, medium, and long-term.

Dawood Hercules Corporation won the “Top 25 Companies for the Year” awards, announced by the Pakistan Stock Exchange (PSX). Hussain Dawood, the Chairman of Dawood Hercules Corporation was presented the award by Prime Minister of Pakistan Imran Khan.

Engro Polymer expansion

Sindh Engro Coal Mining Company Expansion.

Engro Energy Services Limited was established as a wholly owned subsidiary of Engro Energy Limited.

Engro Powergen Thar Private Limited was established and incorporated to set up 2 x 330 MW mine mouth power plants

DH Corp Ltd and Cyan Ltd sold their entire shareholding of 15.77% (cumulative) in Hub Power Company

Royal Freisland Campina bought 51% stakes in Engro Foods.

Engro Fertilizers Agritrade Private Limited was incorporated as a wholly owned subsidiary of Engro Fertilizers

Engro Digital Limited was incorporated as a wholly owned subsidiary of Engro Corporation

Tenaga Generasi launched 50 MW wind power

Kolachi PortGen Private Limited, a subsidiary of Engro PowerGen, incorporated with the objective to operate and own a Regasified Liquefied Natural Gas (RLNG) based power generation plant.

GEL Utility Limited, undertook a project of setting up a 72 MW triple redundancy captive power plant

Dawood Lawrencepur Limited diversified into alternative energy.

Classes for the first MBA Batch commenced in September, 2012 at Karachi School of Business & Leadership

DH Corp and its affiliates acquired shares in Hub Power Company

Hussain Dawood became the Chairman of Hub Power Company

Central Insurance was renamed as Cyan Limited and became an equity investment company

Dawood Hercules Chemicals Ltd. became Dawood Hercules Corporation Ltd. (DH Corp), a holding company which focuses on exploring investment opportunities.

Rice Processing Plant was set up in District Shaikhpura by Engro and began its commercial production

Engro Eximp FZE was incorporated in Jebel Ali Free Zone, Emirate of Dubai as a wholly owned subsidiary of Engro Eximp Private Limited

In June 2010 Dawood Hercules Chemicals Limited announces the demerger of its fertilizer business

Engro Powergen Qadirpur- flared gas, green power was set up

Engro Fertilizers Limited was incorporated in Pakistan with the objective of manufacturing, purchasing and marketing of fertilizers

Sindh Engro Coal Mining Company was formed under a Joint Venture Agreement between Government of Sindh, Engro Energy Limited and Engro Corporation Limited.

Engro Energy Limited with other entities incorporated “Pakistan Energy Gateway Limited” (PEGL)

Engro Polymer & Chemicals Limited undertook the expansion and back integration project to enhance the PVC capacity to 150 KT and set up an EDC-Vcal and Chlor-alkali plants

Engro Chemicals acquired the share holding of Asahi Class Company. The name of the company changed from Engro Asahi Polymer to Engro Polymer & Chemicals Ltd. Hussain Dawood became the Chairman of Engro Chemical Pakistan Ltd. on 25th April.

All textile companies of the Dawood group were amalgamated into a single entity named Dawood Lawrencepur Limited.

The Group acquired a majority stake in Inbox Business Technologies Private Limited – Pakistan’s leading computer brand

Dawood Hercules Chemicals Ltd. acquired 61 million shares (10%) in Sui Northern Gas Pipelines Limited.

Hussain Dawood was elected Chairman of Dawood Hercules Chemicals. Hussain Dawood joined Engro Corporation Board

Elixir Securities, a full-service brokerage firm, was acquired.

Engro Vopak Terminal Limited was formed as a joint venture between Engro Corporation and Royal Vopak of The Netherlands, to satisfy the growing needs of the chemical and petrochemical industry in Pakistan

Equity investments in Engro began. 27% of Engro Corp shares were acquired by Dawood Hercules Chemicals ltd

Engro Asahi Polymer & Chemicals Limited was set up as a joint venture between Engro Chemical, Asahi Glass Company and Mitsubishi Company to set up a 100,000 ton capacity PVC Plant at Port Qasim

The business enterprise suffered further setbacks as the government of Pakistan nationalised a number of large Pakistani industrial undertakings; the Group lost its flagship, Dawood Petroleum Ltd.

Group investments in East Pakistan were lost with the creation of Bangladesh. The East Pakistan industrial undertakings constituted almost 60% of the Group’s activities.

Acquired Paper mills in East Pakistan that were heavily indebted to World Bank. Dawood Group turned the tables and repaid the amount.

Dawood Group started restructuring to become a multi-national.

Ahmed Dawood signed an agreement with the World Bank as part of his first job

Dawood Hercules Chemicals Limited was established as joint venture between Dawood Group and Hercules Chemicals Inc. of USA. It was the first private sector venture in Pakistan to receive a loan from World Bank

Dawood Petroleum Limited was established

Dawood Jute Mills and Dawood Shipping Company were founded.

Inauguration of Karnaphuli Paper, Karnaphuli Rayon & Chemicals Limited was attended by President Ayub Khan and the entire cabinet.

Dilon Limited, Pakistan’s first Nylon Yarn production facility was established in Karachi

TDF established Dawood College of Engineering and Technology with a dream of setting-up 6 similar colleges.

The Dawood Foundation, the Family charity trust was established

Lawrencepur Wollen & Textiles saw a revolutionary change as Dawood Group took over the mills. The new management took radical steps to expand and modernise the production facility.

The group established Central Insurance Company and soon operated in all major cities of Pakistan, and transacted all conventional forms of insurance covers successfully

Burewala Textiles Mills was established in Punjab

Dawood Cotton Mills was set up in Karachi

The Dawood Group was formed which provided a platform for the establishment of many diverse businesses

Ahmed Dawood migrated to Pakistan

After his father’s death, Ahmed Dawood under his grandfather’s supervision establishes his own shop in Bombay

Ahmed Dawood is introduced to business basics through working at his grandfather’s shop of cotton yarn and various utilities in Bombay

Ahmed Dawood, Group Founder, born in Bantva India