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Fauji Fertilizer Company, as the name suggests, is the largest chemical fertilizer producer of
Pakistan. Fauji Fertilizer Company Limited (FFC) was incorporated in 1978 as a joint venture
between Fauji Foundation and Haldor Topsoe A/S of Denmark to set up a urea production
facility. Over the years, FFC has grown to be the largest urea manufacturer of the Country.
Its products and services include fertilizers, farm advisory services, technical services and IT
services. FFC also diversified its portfolio into the financial sector by acquiring 43.15%
shareholding in Askari Bank ltd.
Its Subsidiaries include FFC energy limited and Fauji Fresh n Freeze limited.
Its associated companies are Fauji Fertilizer Bin Qasim ltd, Fauji Cement and Askari Bank ltd.
It also has a joint venture named Pakistan Maroc Phosphore.
SUBSIDARY COMPANY:
1. FFC ENERGY LIMITED:
ASSOCIATED COMPANIES:
1. FFBL:
Incorporated under Companies Ordinance 1984 Fauji fertilizer Bin Qasim Limited is a
public listed company. Based on modern fertilizers manufacturing complex, its build up
cost reached upto US$ 468 Million and is located at Bin Qasim, Karachi. FFBL also have
membership of industry association and trade bodies;
Rawalpindi Chamber of Commerce
International Fertilizer Association
2. FAUJI CEMENT:
The company was incorporated in 1992 sponsored by Fauji Foundation. The Company
has a strong and longstanding tradition of service, reliability, and quality that reaches
back more than 21 years. It has been a longtime leader of the industry in manufacturing
cement. It has two operating lines of cement plants both imported from foreign countries.
These plants are known for providing best quality products and a well maintained total
production capacity rounding around 3.43 million tons of cement per year. In addition to
the Pakistan market, Fauji Cement is expanding its promising coverage in the
neighboring regions /countries like Sri Lanka, India, Afghanistan, South Africa, and
Middle East & Africa.
FCCL has commissioned a Waste Heat Recovery Power Plant (12 MW) in 2015.This
generates power from the heat emitted into atmosphere from its Cement Manufacturing
Operations. The project is not only supporting national power requirement but also is a
value addition for sustainable environment.
3. ASKARI BANK:
Askari Bank was incorporated in Pakistan on October 9, 1991, as a public limited company.
It commenced operation on April 1, 1992, and is principally engaged in the business of
banking, as defined in the Banking Companies Ordinance, 1962. The Bank is listed on
Pakistan Stock Exchange. Corporate Social Responsibility is an integral part of the way we
do business. In order to fulfill our CSR objectives, we attempt to promote public interest by
encouraging community growth and development through sponsoring social service events,
supporting education, sports and environment and also contribute in socio-cultural activities
JOINT VENTURES:
1. Pakistan Maroc Phosphore:
Pakistan Maroc Phosphore, S.A is a joint venture with Office Cherifien Des Phosphate
(OCP), a Moroccan Government entity in trusted since 1921 with managing all the
phosphate reserves of the Kingdom of Morocco. The rationale for this venture was
twofold: firstly, to provide FFBL with a long term reliable source of resources, secondly,
to have financial returns in a foreign currency, further diversifying the Foundation's
revenue streams
Reference links:
http://www.freshnfreeze.com/domestic-channed.php
http://fccl.com.pk/company-profile/about-us/
http://akbl.com.pk/about-us/corporate-information/overview/
https://www.ffbl.com/
1. HRM systems
FFC’s commits to its most valued resource, a dedicated and competent workforce, is at the core of
its human resource strategy. FFC provides a nurturing and employee friendly environment while
investing considerably in local and foreign employee trainings. Besides monetary compensations,
FFC has also invested in health and fitness activities for its employees.
FFC’s employees represent its biggest asset, implementing every strategic and operational decision
and representing the Company in the industry and community. But it’s headquarter is established in
Rawalpindi. A deep study of company’s HR policies has been discussed. From hiring to retirement
of the employees, all the policies in between are mentioned. The company has recently started using
SAP (Systems Applications and Products in Data Processing). The company has used just two of its
modules (record of leaves and absenteeism). The HR policies are fully practiced in the
organization. Further the company is moving towards the improvement.
Human resource management (HRM) is both an academic theory and business practice that
addresses the theoretical and practical techniques of managing a workforce. Synonyms include
personnel administration, Personnel management, manpower management, and industrial
management, but these traditional expressions are becoming less common for the theoretical
discipline HR department.
REFERENCE LINKS:
https://www.scribd.com/doc/45797101/Fauji-Fertilizer-Company-Limited