Fatima Fertilizer Company

Fatima Fertilizer Company Limited is a fertiliser manufacturer headquartered in Lahore, Pakistan. It was established in 2003 as a joint venture between the Fatima Group and the Arif Habib Corporation.[1][2][3]

The company manufactures, sells, imports, and exports fertilisers and chemicals.[3][4] Its production includes two intermediary products, ammonia and nitric acid, and three final products: urea, calcium ammonium nitrate, and nitro phosphate. Pakistan's fertilizer sector is oligopolistic, with nine companies in operation. Fatima Fertilizer is the third-largest player with a market share of about 6.1%.[5] A major factor in its profitability is an exclusive gas supply contract from the Mari Gas Field, operated by Mari Petroleum.[6]

Operations

Fatima Fertilizer runs three plants in Sadiqabad, Multan, and Sheikhupura; the latter was acquired in 2015 from Dawood Hercules Corporation.[7][8] It also holds an equity stake in Midwest Fertilizer Company in Indiana, United States, through a Singapore-based subsidiary.[9]

Expansion

The company plans to build a new urea plant at Port Qasim with an investment exceeding US$500 million, which will add one million tons to its annual capacity.[10] Fatima Group has also partnered with Algeria's Sonarem to develop phosphate reserves at Bir el Ater, and jointly with Lucky Cement has acquired a 66.66% stake in National Resources (Pvt) Limited, a Balochistan-based mineral exploration company.[11][12]