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Pakistan’s fertilizer industry is set to conclude 2024 on a positive note, with December urea sales expected to witness a sharp increase, according to forecasts from two leading investment banks. Despite this late surge, overall fertilizer sales for the year are projected to remain below 2023 levels. Topline Securities and BMA Capital, Karachi-based investment firms, […]

The Economic Coordination Committee (ECC) and the Federal Cabinet reviewed the supply of subsidized gas to fertilizer plants, noting its impact on circular debt and the need to stabilize urea prices. Key Highlights

Fauji Fertilizer Company Limited (FFC), Pakistan’s largest fertiliser company by market capitalization, has begun the public acceptance period for its offer to acquire 151.05 million ordinary shares of Agritech Limited (AGL), representing 35.57% of AGL’s total paid-up capital. The revised offer price is set at PKR 39.05 per share. Managed by Integrated Equities Limited, this

Fertilizer imports surged by 121.36% during the first four months of FY2024-25 (July-October), reaching 612,622 metric tons worth $374.876 million, compared to 334,675 metric tons valued at $169.262 million in the same period last year, as per Pakistan Bureau of Statistics. Medicinal product imports also increased by 18.59%, totaling $406.452 million for 12,441 metric tons,

The Lahore High Court’s Rawalpindi Bench has approved the merger of Fauji Fertilizer Bin Qasim Limited (FFBL) with Fauji Fertilizer Company Limited (FFCL), according to a judgment issued on December 4, 2024. The merger was sanctioned under a Scheme of Arrangement dated September 26, 2024, allowing FFCL to proceed with the amalgamation and related matters.

Urea sales in Pakistan for November 2024 are projected at 652,000 tons, reflecting a 7% YoY increase from 611,000 tons in November 2023 and an 82% MoM rise due to Rabi demand. However, cumulative urea sales for 11M2024 are expected to decline 7% YoY, totaling 5.58 million tons, attributed to weak farm economics. Closing urea

Agritech Limited has announced a revised public offer from Fauji Fertilizer Company Limited (FFC) to acquire up to 151.05 million ordinary shares. The revised offer price has been increased from Rs 38.84 to Rs 39.05 per share, reflecting a competitive response to a bid made by Maple Leaf Cement Factory Limited (MLCF) earlier this month.

Fauji Fertilizer Company Limited (FFC) has once again distinguished itself in financial reporting and corporate governance across South Asia by winning multiple honors at the SAFA Best Presented Annual (BPA) Report Awards 2023. This recognition highlights FFC’s leadership in transparency, governance, and best industry practices. The company received the Gold Award in the Manufacturing Sector,

Pakistan Petroleum Limited (PPL), a major oil and gas exploration firm, has received a Development and Production Lease (D&PL) for the Sui Gas Field for 10 years, covering 455.80 sq. km with a 100% working interest. The lease, approved by the competent authority, is effective from June 1, 2015, to May 31, 2025, under Pakistan

Fauji Fertilizer Company (FFC) Limited recently hosted its annual Pink Ribbon Breast Cancer Awareness event, emphasizing the significance of early detection and offering support for women impacted by breast cancer. Aligned with the global Pink October initiative, the event involved FFC employees and their families in awareness activities and speeches that encouraged proactive health management.