Karachi, Fatima Fertilizer Company Limited informed Pakistan Stock Exchange that the adjourned meeting of the board of Directors of the Company will be held on March 28, 2019 at Lahore to consider the Annual Accounts for the period ended December 31, 2019 and for declaration of entitlement.
Fatima Fertilizer Company Limited was incorporated in Pakistan on
December 24, 2003. The company operates as a joint venture between two major
groups in Pakistan namely Fatima Group and Arif Habib Group. The company
produces fertilizers and industrial solutions to its customers. The stocks of
the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of
Pakistan. The registered office of the company is located in Lahore and
production plant is located at Rahim Yar Khan.
The fertilizer production complex produces Ammonia and Nitric Acid which are
intermediate products and Urea, Calcium Ammonium Nitrate, Nitro Phosphate and
nitrogen Phosphorous Potassium which are final products. Foundation of the
complex was laid on April 26, 2006 and the construction process commenced in
2007. The production capacity of the complex is 500,000 metric tons of Urea per
annum, 420,000 metric tons of Calcium Ammonium Nitrate per annum, 360,000
metric tons of Nitro Phosphate per annum, 420,000 metric tons of NPK per annum.
The symbol “FATIMA” is being used by the stock exchange for the shares of
Fatima Fertilizer Company Limited.
