Fatima Group is one of the most well known company producing industrial goods in Pakistan. The company has pursued conglomerate diversification by expanding into diverse set of business units. Fatima Group has been contributing in the growth and development of the industries like Fertilizers, Textile, Sugar, Energy and other industrial commodities. The company has invested immensely in the key sectors of the economy and is reinvesting the profits in big projects to stimulate and accelerate the economic growth. Fatima Group is producing industrial commodities to discourage excessive imports and in return promoting the export exercise.
Fatima Group has a diversified set of business units which are:
Reliance Weaving Mills Ltd
Reliance Weaving Mills was established in 1990 and is headquartered in Multan. The company is involved in the manufacturing of yarn and textile weaving; moreover, it is involved in exporting the textile to the countries like USA, Middle East, China, Europe, Far East and other Asian countries. The company has carved a niche for itself in the textile industry by diversifying into various types of yarn and fabrics. The company has strictly set quality standards to meet the specifications of export quality fabric; it is in the best position to cater the bulk requirements with an assurance of flawless finish and timely delivery of the ordered goods to its customers. The company has made huge investments in installing the latest technology to produce finest quality fabric in a cost-effective manner.
Fatima Sugar Mills Ltd
Fatima Sugar Mills is another diversified unit of Fatima Group working towards the production of fine quality refined sugar. The company was established in 1988 financed by the sponsors like NBF, ABL, MCB, UBL and HBL. The company is also engaged in exporting sugar to the international market and in return contributing to the economic growth by bringing in foreign exchange. A great emphasis on quality assurance has been given to each unit of Fatima Group, so as to the sugar mill; moreover it is ISO-9001 certified. The company has gained competitive advantage through the continuous focus on innovations and the installment of latest production technology.
Fatima Energy Ltd
This business area will be soon in operation to fulfill the primary energy need of Fatima Sugar Mills and will further contribute to the national energy sector. Fatima Energy will be capable of producing 100MW of electricity to operate the production facility of the sugar mill.
Reliance Commodities Pvt. Ltd
Reliance Commodities was incorporated in 1996 and is a renowned exporter and importer of industrial commodities linked with Fatima Fertilizer. The company has its own state-of-the-art storage area at the oil installations area in Keamari, Karachi for molasses and warehouses for fertilizer.
Pakistan Mining Company Ltd
Fatima Group has pursued backward integration by diversifying into the mining business to mine rock phosphate which is used as a raw material for the production of fertilizers; and the parent company has currently two fertilizer plants Pakarab and Fatima Fertilizer. This effort of locally mining raw materials for the production of compound fertilizer has reduced the imports dependency.
Since its inception, Pakarab Fertilizer has been the only producer of compound fertilizer. It was formed in 1972, in collaboration with National Fertilizer Corporation and International Petroleum Investment Company. In 2005, it was privatized and acquired by Fatima Group and Arif Habib Group. The new management brought tremendous changes in the organization such that to refrain the plant to release harmful emissions.
The focus of this report will be on Fatima Fertilizer. Fatima Fertilizer was incorporated in December 24th 2003, with the collaboration of two...
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