Fatima Fertilizer Company

Fatima Fertilizer Company
Company typePublic
PSXFATIMA
ISINPK0091601010
IndustryFertilizer
Founded2003; 23 years ago (2003)
HeadquartersLahore, Pakistan
Area served
Pakistan
Key people
Arif Habib (Chairman)
Fawad Ahmed Mukhtar (CEO)
RevenueIncrease Rs. 266 billion (US$920 million) (2024)
Increase Rs. 36 billion (US$120 million) (2024)
Total assetsIncreaseRs. 317 billion (US$1.1 billion) (2024)
Number of employees
2,597 (December 2020)
ParentFatima Group & Arif Habib Group
Websitewww.fatima-group.com/fertilizer/fatima-fertilizer/

Fatima Fertilizer Company Limited is a fertiliser manufacturer headquartered in Lahore, Pakistan. It was established in 2003 as a joint venture between the Fatima Group and the Arif Habib Corporation.[1][2][3]

The company manufactures, sells, imports, and exports fertilisers and chemicals.[3][4] Its production includes two intermediary products, ammonia and nitric acid, and three final products: urea, calcium ammonium nitrate, and nitro phosphate. Pakistan's fertilizer sector is oligopolistic, with nine companies in operation. Fatima Fertilizer is the third-largest player with a market share of about 6.1%.[5] A major factor in its profitability is an exclusive gas supply contract from the Mari Gas Field, operated by Mari Petroleum.[6]

Operations

Fatima Fertilizer runs three plants in Sadiqabad, Multan, and Sheikhupura; the latter was acquired in 2015 from Dawood Hercules Corporation.[7][8] It also holds an equity stake in Midwest Fertilizer Company in Indiana, United States, through a Singapore-based subsidiary.[9]

Expansion

The company plans to build a new urea plant at Port Qasim with an investment exceeding US$500 million, which will add one million tons to its annual capacity.[10] Fatima Group has also partnered with Algeria's Sonarem to develop phosphate reserves at Bir el Ater, and jointly with Lucky Cement has acquired a 66.66% stake in National Resources (Pvt) Limited, a Balochistan-based mineral exploration company.[11][12]

References

  1. ^ "Company profile and stock quote of Fatima Fertilizer Company Limited". Market Screener.com website. Retrieved 17 May 2021.
  2. ^ "Fatima Fertilizer Company Limited (profile)". Business Recorder (newspaper). 8 January 2021. Archived from the original on 17 May 2021. Retrieved 17 May 2021.
  3. ^ a b "Fatima Fertilizer Company Limited". brecorder.com. Business Recorder. 1 September 2025. Retrieved 2 September 2025.
  4. ^ Pakistan Stock Exchange: https://dps.psx.com.pk/company/FATIMA Archived 2021-05-17 at the Wayback Machine
  5. ^ "Fertilizer Sector (PDF)". VIS Credit Rating Company Limited website. January 2016. Archived from the original on 22 April 2021. Retrieved 17 May 2021.
  6. ^ Dr. Muhammad Masiullah Jatoi, Ms. Safia Khan, Mr. Shoaib Hyder (December 2015): Determinants of an Investment Decision, A Case of Fertilizer Sector in Pakistan, SALU-CER December, 20-38 (PDF): https://cer.salu.edu.pk/wp-content/uploads/2019/12/Determinants-of-an-Investment-Decision-1.pdf Archived 2021-05-18 at the Wayback Machine
  7. ^ "Fatima Fertilizer announces third quarter results". The Nation (Pakistan). 1 November 2020. Retrieved 17 May 2021.
  8. ^ "FFC acquires DH Fertilizer". The News International. 26 June 2015. Archived from the original on 23 April 2021. Retrieved 19 May 2021.
  9. ^ "Fatima Fertilizer Company Annual Report 2020" (PDF). Fatima Group. Archived (PDF) from the original on 17 May 2021. Retrieved 19 May 2021.
  10. ^ "Fatima Fertilizer eyes expansion". Profit by Pakistan Today. 6 December 2022. Retrieved 3 September 2025.
  11. ^ "Fatima group, Algeria's Sonarem sign MoU to boost mining and fertilizer cooperation". Profit by Pakistan Today. 9 August 2025. Retrieved 3 September 2025.
  12. ^ Abbas, Ghulam (15 February 2024). "Fatima Fertilizers, Lucky Cement acquire direct stake in Balochistan-based mining company". Profit by Pakistan Today. Archived from the original on 30 July 2024. Retrieved 3 September 2025.