FFBL Profile & Group Structure
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.
FFBL Head Office, Islamabad
FFBL Plant Site, Karachi
A Board of Directors (BoD) elected by shareholders manages the company’s affairs. BoD consists of three independent directors including 2 x female directors, five Non-Executive Directors. Chief Executive Officer appointed by the Board. Company was incorporated in 1993 and commenced its commercial operations in year 2000. It had an installed capacity 1,670 MT /day of Urea and 1,350 MT / day of DAP. Through consistent in-house expansion and upgradation, the company has successfully attained highest levels of 1,920 MT/day of Urea and 2,523 MT/day of DAP.
In year 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 47.84% shares in Fauji Foods Limited (FFL) formerly Noon Pakistan Limited. Moreover, for ensuring uninterrupted power and steam supply to the Plant and providing power to Karachi Electric, the Company has formed unlisted subsidiary namely FFBL Power Company Limited (FPCL) with 75% shareholding.
Vision
To be an inspiring business, transforming opportunities into sustainable realities
Mission
Ensure business sustainability with sharp focus on people development, growth and stakeholder value thus contributing towards food security and group’s CSR efforts
Values
Diversity
Empowerment
Perseverance
Teamwork
Innovation
History
DIVERSITY – EMBRACING OUR DIFFERENCES
- We aim to create and maintain a diverse workforce that better represents our customers and the world we live in.
- We respect and appreciate the differences in gender, age, ethnicity, education, and religion in our workforce.
- We nurture the variety of skillsets, qualifications, and ideas that come with a diverse workforce.
- We aim to maintain a warm and welcoming environment in our workplace that creates a sense of belonging for everyone so that no group feels neglected.
- We recognize that the thoughts, feelings, and backgrounds of others are as important as our own.
- We believe diverse teams find better solutions and constantly seek different perspectives.
EMPOWERMENT – FAITH IN OUR PEOPLE
- We recognize empowerment as one of the significant factors to encourage employee engagement and motivation.
- We believe that empowering employees is the best way to restore meaning to work and increase creativity.
- We believe that empowered employees produce a culture of continuity that can handle any challenges given to them.
- We do our best to incorporate the right conditions in our workplace that facilitate our employees to perform their best.
- We believe in empowering people of today to build a better future for the next generations.
PERSEVERANCE – OUR COMMITMENT TO DELIVER RESULTS
- We take direct responsibility for delivering results and focus on building value while keeping the company’s long-term success in mind.
- We believe that quality is our uncompromising standard and are committed to maintain the highest quality in everything we do.
- We are dedicated to providing products of superior quality and value to improve the lives of our customers.
TEAMWORK – GROWING TOGETHER FOR SUCCESS
- We have trust and confidence in each other’s skills and capabilities to work seamlessly together.
- We will work cooperatively and leverage each other’s strengths for the large good of our organization.
- We capitalize on each other’s strength to achieve more together.
- We will collaborate and foster diversity to deliver growth and success of our organization.
- We nurture a winning network, together we create mutual, enduring value.
INNOVATION – STRIVE FOR THE BEST
- We seek to continually improve processes, procedures and activities to come up with better, smarter, and simpler solutions.
- We believe in valuing our customers feedback and taking it as input to help us develop products that best serve their business needs.
- We aim to satisfy our customers with innovative technology and superior quality, value, and service.
- We believe that thinking outside the box to create new products, processes and services adds value and ensures we are consistently setting industry standards.