Company Profile – Fauji Fertilizers Company

Gold Sponsor SAFA Conference 2016

Fauji Fertilizer Company Limited (FFC) is the largest urea manufacturer in Pakistan.  It was incorporated in 1978 as a joint venture between Fauji Foundation (a leading charitable trust in Pakistan) and Haldor Topsoe A/S of Denmark.  The Company is operating three world scale urea plants with an aggregate design capacity of over 2 million metric tonnes per annum.

In 1993, FFC together with Fauji Foundation participated in establishment of Country’s only granular urea and DAP complex at Port Qasim, Karachi.  The new company, Fauji Fertilizer Bin Qasim Limited, (FFBL) is designed to produce 551,100 metric tonnes of granular urea and 650,000 metric tonnes of DAP.

Thus FFC’s Marketing Group, the largest fertilizer marketing network in the Country, markets nearly 3.4 million metric tonnes of fertilizer per annum for both FFC and FFBL under brand name “SONA” which means gold.

FFC holds 49.88% stake in FFBL and 6.79% stake in Fauji Cement Company Limited.  Besides it holds 12.5% stake in Pakistan Maroc Phosphore SA (PMP) in Morocco which meets the entire raw material requirement of FFBL’s DAP production.

Towards its diversification policy, FFC ventured into financial services and food businesses during 2013, and acquired 43.15% equity stake of Askari Bank Limited (AKBL) with a total investment of Rs. 10.46 billion.

FFC also acquired 100% equity of Al-Hamd Foods Limited in October 2013 as a platform to enter the Foods Business. Post acquisition, the company was renamed as Fauji Fresh n Freeze Limited.

The Company has also pioneered towards landmark Wind Power Plants in Pakistan with a view to enhance Country’s energy security through green and clean power. Towards this objective, FFCEL, FFC 100% owned subsidiary, is the first wind farm project of the Country, with a capacity of 49.50 MWh.

FFC is listed on all the Stock Exchanges of the Country and is amongst the Country’s largest corporate entities.  FFC securities are one of the most activity traded scrips on the Stock Exchanges.

Internationally, FFC is well recognized as a member of International Fertilizer Association (IFA), Arab Fertilizer Association (AFA) and United Nations Global Compact (UNGC) New York USA.

Company Website: http://www.ffc.com.pk/

 

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