Fauji Fertilizer Company Limited (FFC) ( ur, ) is a Pakistani chemical company which produces

chemical fertilizer A fertilizer (American English) or fertiliser (British English; see spelling differences) is any material of natural or synthetic origin that is applied to soil or to plant tissues to supply plant nutrients. Fertilizers may be distinct from ...

. It was established by the

Fauji Foundation Fauji Foundation ( ur, ), lit. ''Soldier Foundation''), (also known as Fauji Group) is a Pakistani conglomerates company which is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial ...

which holds a controlling interest. FFC produces or markets various fertilizers which include

urea Urea, also known as carbamide, is an organic compound with chemical formula . This amide has two amino groups (–) joined by a carbonyl functional group (–C(=O)–). It is thus the simplest amide of carbamic acid. Urea serves an important r ...

DAP DAP or Dap may refer to: Science * DAP (gene), human gene that encodes death-associated proteins, which mediate programmed cell death * Diamidophosphate, phosphorylating compound * Diaminopimelic acid, amino acid derivative of lysine * Diamin ...

, SOP ( Sulphate of Potash), MOP (

Muriate of Potash Potassium chloride (KCl, or potassium salt) is a metal halide salt composed of potassium and chlorine. It is odorless and has a white or colorless vitreous crystal appearance. The solid dissolves readily in water, and its solutions have a sal ...

), Boron (Di-Sodium Tetra Borate Decahydrate) and Zinc (Zinc Sulfate Mono-hydrate). FFC markets it products as "Sona". Sona is an Urdu language word, meaning gold.

History

The Beginning (1978-1993): Plant-I & Plant-II

Fauji Fertilizer Company Limited (FFC) is the largest urea manufacturer in Pakistan. It was incorporated in 1978 as a joint venture between

(a leading charitable trust in Pakistan) and Haldor Topsoe of

Denmark ) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Danish Realm, Kingdom of Denmark ...

. The first

complex was commissioned in 1982 in Sadiqabad,

Punjab Punjab (; Punjabi: پنجاب ; ਪੰਜਾਬ ; ; also romanised as ''Panjāb'' or ''Panj-Āb'') is a geopolitical, cultural, and historical region in South Asia, specifically in the northern part of the Indian subcontinent, comprising ...

. To keep up with the Urea demand in the country, a second plant was built at the same location in 1993.

Fauji Fertilizer Bin Qasim Limited

FFC participated as a major shareholder in a new DAP/Urea manufacturing complex with participation of major international/national institutions. The new company Fauji Fertilizer Bin Qasim Limited (formerly FFC-Jordan Fertilizer Company Limited) commenced commercial production with effect from January 1, 2000. The facility was designed with an annual capacity of 551,000 metric tons of urea and 445,500 metric tons of DAP, revamped to 670,000 metric tons of DAP.Company profile and stock quote of Fauji Fertilizer Company
Market Screener.com website, Retrieved 20 May 2021

2002: Acquisition of PSFL, now FFC Plant-III

Expanding further, in the year 2002, FFC acquired ex

Pak Saudi Fertilizers Limited Fauji Fertilizer Company Limited (FFC) ( ur, ) is a Pakistani chemical company which produces chemical fertilizer. It was established by the Fauji Foundation which holds a controlling interest. FFC produces or markets various fertilizers which i ...

(PSFL) Urea Plant situated at

Mirpur Mathelo Mirpur Mathelo ( ur, ) is a city in Ghotki District, Sindh province, Pakistan. The city is administratively subdivided into ten union councils. It is the 97th largest city in Pakistan with a population of 100,760 according to 2017 census. It is ...

District Ghotki Ghotki District ( sd, ضِلعو گھوٽڪي; ) is a district of the province of Sindh, Pakistan, with headquarter the city of Mirpur Mathelo. Prior to its establishment as a district in 1993, it formed part of Sukkur District. Administration ...

from

National Fertilizer Corporation The National Fertilizer Corporation (colloquially known as NFC) is a Pakistani government owned corporation based in Lahore. It is under the administrative control of the Ministry of Industries and Production (Pakistan).privatisation Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...

process of the

Government of Pakistan The Government of Pakistan ( ur, , translit=hakúmat-e pákistán) abbreviated as GoP, is a federal government established by the Constitution of Pakistan as a constituted governing authority of the Administrative units of Pakistan, four provin ...

. At that time, this acquisition at Rs. 8,151 million represented one of the largest industrial sector transactions in Pakistan. After PSFL's acquisition, FFC's Marketing Group became the largest fertilizer marketing network in the Country. It markets nearly 3.4 million metric tonnes of fertilizer per annum for both FFC and FFBL under brand name "SONA UREA".FFC: The largest urea manufacturer in Pakistan
Business Recorder (newspaper), Published 15 January 2013, Retrieved 20 May 2021

Diversification: Food, Energy and Financial Sectors

Following its diversification policy, FFC ventured into financial services and food businesses during 2013, and acquired 43.15% equity stake of

Askari Bank Askari Bank Ltd (), formerly Askari Commercial Bank, is a commercial and retail bank in Pakistan and is owned by Fauji Foundation, part of Pakistan Army. History It was founded on October 9, 1991, as a public limited company. On June 21, 2013, ...

(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 the 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. In 2018, FFC expanded energy business further and entered in a joint venture with HUBCO by investing US$39 Million in Thar Energy Limited (TEL) for an equity share of 30%. TEL, a coal based power company, is expected to start production in 2021. 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.

Awards

Karachi Stock Exchange top 25 companies awards

The company was listed on the

Karachi Stock Exchange The Karachi Stock Exchange ( ur, or PSX-KSE) was a stock exchange located in Karachi, Pakistan. Since 1947, it has been located at the Stock Exchange Building on I. I. Chundrigar Road. It has now been consolidated in the Pakistan Stock Exchan ...

in 1991. Based on the exemplary dividends to the shareholders and other criteria of Karachi Stock Exchange, FFC has consistently remained in the list of top 25 best performing companies of Pakistan consecutively for 14 years since 1994. As a result of excellent performance over the years, the company's ranking in the Karachi Stock Exchange list of 25 companies improved from fifth position in 1995 to second in 1996, it was awarded the first position in 1997 and again second prize in 1998. As of 2011, the company is at the first position in the fertilizer field in Pakistan.

Accounts awards

The company has also won numerous "Best presented accounts awards" from different national and international organizations including

Institute of Chartered Accountants of Pakistan The Institute of Chartered Accountants of Pakistan ( ur, , ICAP) is a professional accountancy body in Pakistan. As of 2022, it has over 8,000 members working in and outside Pakistan. The institute was established on July 1, 1961 to regulate th ...

ICMAP The ''Institute of Cost and Management Accountants of Pakistan'' (ICMAP) is a professional accounting body offering qualification and training in management accountancy. The Institute of Cost and Management Accountants of Pakistan was established ...

, SAFA. The company also held first position in the overall category of Best Presented Accounts for the years 2002-2007" FFC Awards and Recognition"
/ref> Internationally, FFC is well recognized as a member of

International Fertilizer Industry Association The International Fertilizer Association (IFA) promotes the efficient and responsible production,distribution and use of plant nutrients to enable sustainable agricultural systems. IFA a membership consists of more than 400 entities from producers ...

(IFA), Arab Fertilizer Association (AFA) and

United Nations Global Compact The United Nations Global Compact is a non-binding United Nations pact to encourage businesses and firms worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The UN Global Compact is a princ ...

(UNGC) New York, USA.

Gallery

File:FFC Plant at Night.jpg, FFC Plant at Night File:FFC Township Mosque.jpg, FFC Township Mosque File:FFC Plantsite Admin Building.jpg, Plantsite Admin Building

References

External links

Fauji Fertilizer Company Limited
{{Authority control Fauji Foundation Companies listed on the Pakistan Stock Exchange Pakistani brands Companies based in Rawalpindi Chemical companies established in 1978 Pakistani companies established in 1978 Fertilizer companies of Pakistan