Fauji Fertilizer Company Limited

Fauji Fertilizer Company Limited is a premier fertilizer manufacturing and marketing company listed on all three stock exchanges of Pakistan. The Company produces and markets Sona Urea (Prilled). The Company also markets Sona Urea (Granular) Sona DAP produced by FFBL. FFC also markets imported DAP, imported SOP and imported Boron with the brand names of FFC DAP, FFC SOP and Sona Boron respectively. The Company has a 41 % Urea market share and one of the largest urea manufacturing company of Pakistan with total capacity of (Goth Machhi & Mirpur Mathelo Plants) 2,048 thousand tonnes per annum. The Company has two associated companies namely Fauji Fertilizer Bin Qasim Limited (FFBL) and Fauji Cement Company Limited (FCCL). The Company has one subsidiary i.e. FFC Energy Limited (FFCEL). Details of these companies are mentioned below:

Fauji Fertilizer Bin Qasim Limited is a fertilizer manufacturing company producing Granular Urea and Di-Ammonium Phosphate (DAP) fertilizers. The Company is a sole producer of DAP fertilizer with 45 % market share. FFBL has 11 % market share of Granular Urea. FFC carries out the marketing activities of the products produced by FFBL. The manufacturing plant is located at Eastern Zone of Bin Qasim, Karachi.

FFC energy limited is a subsidiary company established to run wind power project of 50 MW with future expansion to 250MW. The project is under construction and 50% of the work has been completed. The projects will be completed by October 2012.

Fauji Cement Company operates a cement plant at Jhang Bahtar, Tehsil Fateh Jang, District Attock in the province of Punjab. The Company has a strong and longstanding tradition of service, reliability, and quality. The cement plant of Fauji Cement is one of the most efficient and best maintained plants in the country and has an annual production capacity of 1.165 million tonnes of cement. This report covers only FFC operations and includes information on manufacturing plants, marketing and corporate offices of the Company. The information about subsidiaries and associated company is not included in the report.

FFC is headquartered at Rawalpindi with marketing group office at Lahore and manufacturing plants at Goth Machhi, and Mirpur Mathelo. The marketing group office controls marketing offices which are located all over Pakistan. The Company is well positioned in fertilizer market and offers premium fertilizer products to its valuable customers. The Company has market presence in whole Pakistan with major emphasis in Sindh, Punjab and Khyber Pukhtoonkhwa provinces The total headcount of FFC was 2,295 at the end of the financial year 2011. The bifurcation of the total headcount includes executives & workers for the manufacturing units, marketing offices and head office. The Company has strong assets and financials comprising of fixed assets, investments and current assets. The net assets of the Company were Rs. 15,448 million at the end of financial year. The Company’s total turnover for the year reached Rs 55,221 million, an all time record, 23% higher than the turnover of last year. FFC’s urea market share was recorded at 41%. The Company production during the year was 2,396 thousand tonnes at 117% utilization of nameplate capacity of 2,048 thousand tonnes. The Company is strengthening its economic front being one of the important pillars of sustainable development including environmental, health & safety, social performance and governance.

Tags: Company, Pakistan, Business, Stock Exchange, Profile, Economics

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