ELECTION OF DIRECTORS
DH Fertilizers manufacturing plant shut down
18th June, 2012: DH Fertilizers Limited (a wholly owned subsidiary of Dawood Hercules Corporation Limited) said that it had shut down its fertilizer plant after SNGPL informed them that in view of severe energy crisis and load shedding in the country, they have been advised by the government for immediate suspension of gas supply to the fertilizer sector and diversion of gas to the power sector. Accordingly, SNGPL informed that it will not be in a position to continue gas supply to fertilizer industries till further instructions. Dawood Hercules Corporation in a communication to Karachi Stock Exchange (KSE) today said that as a consequence it has been forced to shut down plant of DH Fertilizers and will inform KSE when gas supply is restored. Engro's new Enven plant has reportedly been shut down as well.