With a vision to acquire self – sufficiency in fertilizer production in the country, FFC was incorporated in 1978 as a private limited company. This was a joint venture between Fauji Foundation and Haldor Topsoe A/SThe initial share capital of the company was 813.9 Million Rupees. The present share capital of the company stands above Rs. 12.722 Billion. Additionally, FFC has more than Rs. 8.3 Billion as long term investments which include stakes in the subsidiaries FFBL, FFCEL and associate FCCL.
|Name in Urdu:||فوجی فرٹیلائزر کمپنی لمیٹڈ|
|Name :||Fauji Fertilizer Company Limited|
|Traded As:||KSE: FFC|
|Key People:||CE & MD: Lt Gen Shafqaat Ahmed, HI(M) (Retd)|
|Number of locations:||Rawalpindi (Head Office), Sadiqabad & Mirpur Mathelo (Plantsites)|
|Area served:||Agriculture & Farming|
|Production output:||6000+ MT/day|
|Parent :||Fauji Foundation|
|Number of employees:||5000+|
|Subsidiaries:||Fauji Fertilizer Bin Qasim Limited FFC Energy Limited|
|Chairman & Non-Executive Director:||Lt Gen Khalid Nawaz Khan, HI(M), Sitara-i-Esar (Retd)|
|Chief Executive & Managing Director:||Lt Gen Shafqaat Ahmed, HI(M) (Retd)|
|Independent Director:||Engr Rukhsana Zuberi|
|Chief Financial Officer:||Mohammad Munir Malik|
|Company Secretary:||Brig Ashfaq Ahmed, SI(M) (Retd)|
To be leading national enterprise with global aspirations, effectively pursuing multiple growth opportunities, maximizing returns on the stakeholders, remaining socially and ethically responsible.
To provide our customers with premium quality products in a safe, reliable, efficient and environmentally sound manner, deliver exceptional services and customer support, maximizing returns to the shareholders through core business and diversification, providing a dynamic and challenging environment for our employees.
Maintaining our competitive position in the core business, we employ our brand name, unique organizational culture, professional excellence and financial strength diversifying in local and multinational environments through acquisitions and new projects thus achieving synergy towards value creation for our stakeholders.
FFC, alongwith Fauji Foundation, sponsored Fauji Jordan Fertilizer Company (FJFC) in 1993 and continues to be a major shareholder (52%) in Fauji Fertilizer Bin Qasim Limited (FFBL), the new name of FJFC since 2003. FFC is responsible for marketing its Urea and DAP jointly, under its own ‘Sona’ brand name. Thus it markets about 3.3 million tons of fertilizer per annum, giving it a major share of around 50% of the market in Pakistan . FFC also has a 12.5% participation in equity (as part of the Fauji Group, that has 50%) in the Fauji Group-OCP joint venture of Pakistan Maroc Phosphore, S.A (PMP) phosphoric acid plant in Morocco; ensuring long term supply of this raw material for FFBL’s DAP production. FFC has a 12.63% equity participation in Fauji Cement Company Limited (FCCL), a Fauji associated company that has an annual production capacity of 1.165 million tonnes.
Our Manufacturing Plants
During 2016, the Company raised its production benchmark with an ever highest Sona urea production of 2,523 thousand tonnes, on account of restored gas supply and operational efficiencies. The urea output surpassed last year’s production by 54 thousand tonnes while contributing around 42% to the total indigenous urea production during 2016 and an aggregate contribution of 54 million tonnes since inception of the Company.
In view of the declining gas pressures due to diminishing gas reservoir, the Company has devised a long term sustainability plan which includes installation of gas compressors to improve the diminishing pressure besides evaluating various alternate fuel options including LNG, coal, SNG, power wheeling etc, to ensure sustainable operations.
Corporate Social Responsibility
Corporate Social Responsibility is a vital and withstanding element of FFC Business Operations. The company takes pride in the fact that we stand as the pioneer of sustainable and responsible business practices in Pakistan, as our first CSR program i.e Capacity Building of Farmers (Agri Services) was launched in 1982.On the onset, moving through the decades the company has diversified and magnified its CSR portfolio, turning it into a crucial and centric part of business strategy. With our commitment to sustainable business operations, responsible business practices and fulfilling our obligation towards our community, FFC as standard contributes 1% of our profit before tax to Corporate Social Responsibility initiatives.Being member of UN Global Compact in 2010, an Internationally recognized forum holding credentials; our mandate, vision and goal is aligned with international thrust towards a sustainable and prosperous tomorrow, through business acting and behaving ethically and responsibly. We hold commitment to implement and embed the universal principles of human rights, labor standards, environmental protection, anti-corruption etc defining the UN 17 Sustainable Development Goals as core to our practices and interventions.Our journey of challenges and rewarding years of collaborations, joint ventures, partnerships with Government bodies, community representatives, local and International NPO’s and other renowned institutions are all aimed at integrated interest of all stakeholders involved.
The main theme behind aforementioned “Partners in Prosperity”, means every business venture embarked upon by FFC is in the interest of mutual prosperity for Pakistan and its people. FFC being a responsible corporate entity, takes special care of the deprived communities and focuses on the uplift of underdeveloped areas. It provides health and educational support ensuring a bright future for the youth. The company also takes pride in standing with the nation in times of natural calamities and disasters. FFC in its constant struggle of nation building strives hard to bring hope in the hearts of the people and urges all those who can contribute towards nation building to stand up with FFC in its endeavors to help make a better, prosperous and economically stronger Pakistan.
Top 25 Companies Awards
The company was listed on the Karachi Stock Exchange 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 2007, the company is at the 5th position.
The company has also won numerous “Best presented accounts awards” from different national and international organizations including Institute of Chartered Accountants of Pakistan, ICMAP, SAFA. The company also held first position in the overall category of Best Presented Accounts for the years 2002-2007