FFC Energy Limited
   HOME

TheInfoList



OR:

Fauji Fertilizer Company Limited (FFC) ( ) is a Pakistani
fertilizer A fertilizer or fertiliser 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 liming materials or other non-nutrient soil amendments. Man ...
manufacturer with its Head Office based in
Rawalpindi Rawalpindi is the List of cities in Punjab, Pakistan by population, third-largest city in the Administrative units of Pakistan, Pakistani province of Punjab, Pakistan, Punjab. It is a commercial and industrial hub, being the list of cities in P ...
. It is a subsidiary of the
Fauji Foundation Fauji Foundation ( ; ), also known as Fauji Group, is a Pakistani conglomerate based in Rawalpindi. It is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial services, security ser ...
. FFC produces various fertilizers which include
urea Urea, also called carbamide (because it is a diamide of carbonic acid), is an organic compound with chemical formula . This amide has two Amine, amino groups (–) joined by a carbonyl functional group (–C(=O)–). It is thus the simplest am ...
, DAP,
SOP A sop is a piece of bread or toast that is drenched in liquid and then eaten. In medieval cuisine, sops were very common; they were served with broth, soup, or wine and then picked apart into smaller pieces to soak in the liquid. At elaborate ...
, MOP, Boron (Di-Sodium Tetra Borate Decahydrate) and Zinc (Zinc Sulfate Monohydrate).


History

Fauji Fertilizer Company Limited (FFC) was incorporated in 1978 as a joint venture between
Fauji Foundation Fauji Foundation ( ; ), also known as Fauji Group, is a Pakistani conglomerate based in Rawalpindi. It is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial services, security ser ...
and Haldor Topsoe of
Denmark Denmark is a Nordic countries, Nordic country in Northern Europe. It is the metropole and most populous constituent of the Kingdom of Denmark,, . also known as the Danish Realm, a constitutionally unitary state that includes the Autonomous a ...
. The first
urea Urea, also called carbamide (because it is a diamide of carbonic acid), is an organic compound with chemical formula . This amide has two Amine, amino groups (–) joined by a carbonyl functional group (–C(=O)–). It is thus the simplest am ...
complex was commissioned in 1982 in Sadiqabad,
Punjab Punjab (; ; also romanised as Panjāb or Panj-Āb) is a geopolitical, cultural, and historical region in South Asia. It is located in the northwestern part of the Indian subcontinent, comprising areas of modern-day eastern Pakistan and no ...
. In 1991, it was listed on the
Karachi Stock Exchange The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a Frontier markets, frontier market on 8 September 2021. Pakistan Stock Exchange was fou ...
and
Lahore Stock Exchange LSE Group, formerly known as Lahore Stock Exchange is a Pakistani investment company based in Lahore, Pakistan. LSE Group consists of three companies: LSE Capital, LSE Financial Services, and LSE Ventures, all of them are listed on the Pakistan ...
. A year later, it was also listed on the
Islamabad Stock Exchange The Islamabad Stock Exchange ( or PSX-ISE) was a stock exchange located in Islamabad, Capital Territory, Pakistan. In 2016, it merged with the Pakistan Stock Exchange. History Islamabad Stock Exchange was incorporated as a guarantee-limited c ...
. A second plant was built at the same location in 1993. In 2002, FFC acquired Pak Saudi Fertilizers Limited urea plant from the National Fertilizer Corporation, for PKR 8.151 billion (PKR 135.85 per share) under a
privatisation Privatization (rendered 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 w ...
process of the
Government of Pakistan The Government of Pakistan () (abbreviated as GoP), constitutionally known as the Federal Government, commonly known as the Centre, is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, con ...
. In 2012, FFC commissioned a wind farm project with a capacity of 49.50 MWh. In 2013, FFC acquired 43.15 percent equity stake of
Askari Bank Askari Bank Limited ( ) is a Pakistani commercial and retail bank headquartered in Islamabad. It is a subsidiary of Fauji Fertilizer Company, which is part of Fauji Foundation. History Askari Bank was founded in October 1991 as Askari Commercia ...
(AKBL) with a total investment of PKR 10.46 billion. In October 2013, FFC also acquired Al-Hamd Foods Limited and later renamed it as Fauji Fresh 'n' Freeze Limited. In 2018, FFC entered into a joint venture with Hubco by investing US$39 Million in Thar Energy Limited (TEL) for an equity share of 30 percent.


Plants


FFC-I

Fauji Fertilizer established its first urea plant, FFC I, in Sadiqabad in 1979. The plant had a production capacity of 570,000 tons per annum (TPA) and an initial construction cost of . The plant was supplied by Haldor Topsoe and was commissioned in 1982 after an additional investment of . As of 2024, FFC-I has a capacity to produce 403,000 TPA of
ammonia Ammonia is an inorganic chemical compound of nitrogen and hydrogen with the chemical formula, formula . A Binary compounds of hydrogen, stable binary hydride and the simplest pnictogen hydride, ammonia is a colourless gas with a distinctive pu ...
and 695,000 TPA of
urea Urea, also called carbamide (because it is a diamide of carbonic acid), is an organic compound with chemical formula . This amide has two Amine, amino groups (–) joined by a carbonyl functional group (–C(=O)–). It is thus the simplest am ...
.


FFC-II

FFC II was commissioned in March 1993 with a capacity of 635,000 TPA at a total cost of . FFC II plant was supplied by
Snamprogetti Saipem S.p.A. (Società Azionaria Italiana Perforazioni E Montaggi lit. ''Drilling and Assembly Italian Public Limited Company'') is an Italian multinational oilfield services company and one of the largest in the world. Until 2016 it was a sub ...
. As of 2024, FFC-II has a capacity to produce 363,000 TPA of
ammonia Ammonia is an inorganic chemical compound of nitrogen and hydrogen with the chemical formula, formula . A Binary compounds of hydrogen, stable binary hydride and the simplest pnictogen hydride, ammonia is a colourless gas with a distinctive pu ...
and 635,000 TPA of
urea Urea, also called carbamide (because it is a diamide of carbonic acid), is an organic compound with chemical formula . This amide has two Amine, amino groups (–) joined by a carbonyl functional group (–C(=O)–). It is thus the simplest am ...
.


FFC-III

FFC-III is a urea plant located near
Mirpur Mathelo Mirpur Mathelo ( Sindhi:) 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. It is also the location of the archaeological site, Moomal ...
on the Punjab-Sindh border in northern Sindh, Pakistan. The plant was established as a
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...
between the governments of Pakistan and
Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...
. It operated under the
National Fertilizer Corporation The National Fertilizer Corporation (NFC) is a state-owned enterprise headquartered in Lahore. It operates under the administrative oversight of the Ministry of Industries and Production, Government of Pakistan.subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...
and was known as Pak-Saudi Fertilizer until 2002. The plant was commissioned in October 1980 at a cost of PKR 2.08 billion. In 2002, Fauji Fertilizer acquired Pak Saudi Fertilizer urea plant from the National Fertilizer Corporation, for PKR 8.151 billion under a
privatisation Privatization (rendered 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 w ...
process of the
Government of Pakistan The Government of Pakistan () (abbreviated as GoP), constitutionally known as the Federal Government, commonly known as the Centre, is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, con ...
. It has an annual urea production capacity of 557,000 tons. FFC-III plant sources its
natural gas Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium ...
from the nearby Mari gas field, operated by
Mari Petroleum Mari Energies Limited, formerly Mari Petroleum Company Limited, and commonly known as Mari ( ), is a Pakistani energy company based in Islamabad. It is controlled by the Fauji Foundation, which holds a 40 percent stake. It primarily operates in ...
, which is jointly owned by the
Government of Pakistan The Government of Pakistan () (abbreviated as GoP), constitutionally known as the Federal Government, commonly known as the Centre, is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, con ...
and the
Fauji Foundation Fauji Foundation ( ; ), also known as Fauji Group, is a Pakistani conglomerate based in Rawalpindi. It is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial services, security ser ...
. As of 2024, FFC-III has a capacity to produce 413,000 TPA of
ammonia Ammonia is an inorganic chemical compound of nitrogen and hydrogen with the chemical formula, formula . A Binary compounds of hydrogen, stable binary hydride and the simplest pnictogen hydride, ammonia is a colourless gas with a distinctive pu ...
and 718,000 TPA of
urea Urea, also called carbamide (because it is a diamide of carbonic acid), is an organic compound with chemical formula . This amide has two Amine, amino groups (–) joined by a carbonyl functional group (–C(=O)–). It is thus the simplest am ...
.


FFC-IV

Fauji Fertilizer Bin Qasim was originally established in 1993 as Fauji Jordan Fertilizer Company (FJFC), a
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...
among
Fauji Foundation Fauji Foundation ( ; ), also known as Fauji Group, is a Pakistani conglomerate based in Rawalpindi. It is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial services, security ser ...
, Fauji Fertilizer, and
Jordan Phosphate Mines Jordan Phosphate Mines (JPMC) is a mining company based in Amman, Jordan. The company operates 3 mining facilities in Jordan and a chemical manufacturing complex in Aqaba. The company is listed on the Amman Stock Exchange's ASE Weighted Index a ...
. The venture was set up to produce granulated urea and diammonium phosphate (DAP) in Pakistan, aiming for daily outputs of 1,670 metric tons and 1,350 metric tons, respectively. In 2002, the
government of Pakistan The Government of Pakistan () (abbreviated as GoP), constitutionally known as the Federal Government, commonly known as the Centre, is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, con ...
paid to Fauji Jordan Fertilizer for non-implementation of the provisions of Fertilizer Policy 1989. In 2003, following the divestiture of Jordan Phosphate Mines, the company was renamed Fauji Fertilizer Bin Qasim Limited. Fauji Fertilizer Bin Qasim LIMITED had an annual capacity of 551,000 metric tons of urea and 445,500 metric tons of DAP which was later 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
Sui Southern Gas Company The Sui Southern Gas Company (SSGC), () formerly known as Sui Gas Transmission Company Limited, is a Pakistani state-owned natural gas supply company based in Karachi, Pakistan. Sui Southern Gas Company is Pakistan's leading integrated gas com ...
supplies gas to FFC Bin Qasim at the market rate.


Gallery

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 1991 initial public offerings Fertilizer companies of Pakistan Companies in the KSE 100 Index 2024 mergers and acquisitions