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Fauji Fertilizer Bin Qasim Limited Form
Here you can find all updates about the Fauji Fertilizer Bin Qasim Limited which has the last date of 26th December 2023 to apply.
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FFBL Screening Test |
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Department Name:
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Fauji Fertilizer Bin Qasim Limited
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Last Date for Application Submission:
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26th December 2023
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For Project Details:
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Test Date:
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Will be available after last date
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Result:
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Will be available after test
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Introduction of FFBL
Fauji Fertilizer Bin Qasim Limited (FFBL) is mainly involved in manufacturing and distribution of chemical fertilizers for the farmers and agriculture sector of Pakistan. FFBL is the only manufacturer of DAP and Granular Urea in Pakistan. Its fertilizer manufacturing complex is located at Bin Qasim Eastern Industrial Zone, Karachi, whereas its registered office (Head Office) is in DHA Phase-2 Islamabad. Company is listed on Pakistan Stock Exchange (PSX) since May 14, 1996 and the trade symbol of the company is “FFBL”.
Major shareholders of the company are Fauji Foundation (18.29%) a charitable trust incorporated under The Charitable Endowment Act 1890, and Fauji Fertilizer Company (FFC) holds (49.88%) shares of the company. This makes the company part of The Fauji Group which is one of the largest conglomerates of Pakistan and has stakes in fertilizer, cement, power, oil & gas sectors of Pakistan Fauji Group is also involved in foods , oil and grain terminal operations and financial services by owning Askari Bank Limited.
In 2005, Fauji Group started a Joint Venture with Office Cherifien des Phosphates Group (OCP) and formed a new entity with name of Pakistan Maroc Phosphore S. A (PMP). FFBL has 25% equity holding in PMP and has ensured its continuous supply of Phosphoric Acid P2O5 which is a raw material for production of DAP Fertilizer. Company as part of its diversification strategy acquired 21.57% of shares in Askari Bank and 50.59% shares in Fauji Foods Limited (FFL) formerly Noon Pakistan Limited. FFBL also has diversified in energy sector and has 35 % stakes each in Foundation Wind Energy-I & Foundation Wind Energy-II (FWE-I & II). FFBL has majority stakes in its two unlisted subsidiaries, FFBL Power Company Limited (FPCL) and Fauji Meat Limited (FML), besides its 100% ownership in FFBL Foods Limited.
