Fauji Fertilizer Company

Overview

type	Public
traded as	karse: FFC KSE 100 component KSE 30 component
foundation	1978
location city	Rawalpindi-46000
location country	Pakistan
locations	Rawalpindi, Sadiqabad, Mirpur Mathelo, Karachi, Lahore
key people	Anwar Ali Hyder (Chairman) Jahangir Piracha (CEO)
industry	Chemicals
products	Fertilizer, Urea
production	7000+ MT/day
revenue year	2024
income year	2024
net income year	2024
assets year	2024
equity year	2024
num employees	~3,500
num employees year	2025
owner	Fauji Foundation (43%)
parent	Fauji Foundation
website	ffc.com.pk
footnotes	Financials as of 31 December 2024 ‡R1R‡

Fauji Fertilizer Company Limited (FFC) is a Pakistani fertilizer manufacturer with its Head Office based in Rawalpindi. It is a subsidiary of the Fauji Foundation.[2][3]

FFC produces various fertilizers which include urea, DAP, SOP, 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 and Haldor Topsoe of Denmark. The first urea complex was commissioned in 1982 in Sadiqabad, Punjab. In 1991, it was listed on the Karachi Stock Exchange and Lahore Stock Exchange. A year later, it was also listed on the Islamabad Stock Exchange.[4]

Plants

FFC-I

Fauji Fertilizer established its first urea plant, FFC I, in Sadiqabad in 1979.[12] The plant had a production capacity of 570,000 tons per annum (TPA) and an initial construction cost of US$303 million.[12] The plant was supplied by Haldor Topsoe and was commissioned in 1982 after an additional investment of US$15 million.[12]

As of 2024, FFC-I has a capacity to produce 403,000 TPA of ammonia and 695,000 TPA of urea.[13]

FFC-II

FFC II was commissioned in March 1993 with a capacity of 635,000 TPA at a total cost of US$328 million.[12] FFC II plant was supplied by Snamprogetti.[12]

As of 2024, FFC-II has a capacity to produce 363,000 TPA of ammonia and 635,000 TPA of urea.[13]

FFC-III

FFC-III is a urea plant located near Mirpur Mathelo on the Punjab-Sindh border in northern Sindh, Pakistan.[14] The plant was established as a joint venture between the governments of Pakistan and Saudi Arabia.[14] It operated under the National Fertilizer Corporation (NFC) as a fully owned subsidiary and was known as Pak-Saudi Fertilizer until 2002.[14] The plant was commissioned in October 1980 at a cost of PKR 2.08 billion.[15] In 2002, Fauji Fertilizer acquired Pak Saudi Fertilizer urea plant from the National Fertilizer Corporation, for PKR 8.151 billion under a privatisation process of the Government of Pakistan.[16] It has an annual urea production capacity of 557,000 tons.

FFC-IV

Fauji Fertilizer Bin Qasim was originally established in 1993 as Fauji Jordan Fertilizer Company (FJFC), a joint venture among Fauji Foundation, Fauji Fertilizer, and Jordan Phosphate Mines.[17] 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.[17] In 2002, the government of Pakistan paid ₨5 billion to Fauji Jordan Fertilizer for non-implementation of the provisions of Fertilizer Policy 1989.[18] In 2003, following the divestiture of Jordan Phosphate Mines, the company was renamed Fauji Fertilizer Bin Qasim Limited.[17]

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.[19]

Fauji Fertilizer Company

History

Plants

FFC-I

FFC-II

FFC-III

FFC-IV

Gallery

External links

References