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Fatima Fert

Sector: Water Supply and Storage • Location: Pakistan

Source: International Finance Corporation (IFC)

Project
Pending

IFC is considering providing a senior A-loan of up to US$60mn (“IFC Loan”) to Fatima Fertilizer Company Limited (“Fatima Co” or the “Company”) which will be used to import raw materials, machinery, and pay for technical services from international providers for the Company's operations (“Project”). Fatima Co was established in 2003 and is involved in the manufacturing and selling of fertilizers, m

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Project Information

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The project “Fatima Fert” is an infrastructure initiative in the Water Supply and Storage sector, located in Pakistan. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

pending

Taiyo status

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Taiyo last update

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Available timestamps

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Email

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Description

Description

IFC is considering providing a senior A-loan of up to US$60mn (“IFC Loan”) to Fatima Fertilizer Company Limited (“Fatima Co” or the “Company”) which will be used to import raw materials, machinery, and pay for technical services from international providers for the Company's operations (“Project”). Fatima Co was established in 2003 and is involved in the manufacturing and selling of fertilizers, mainly urea, calcium ammonium nitrate (CAN), and nitro phosphate (NP). The Company is a joint venture between two business groups Fatima Group and Arif Habib Group (https://fatima-group.com/pafl ). It operates three manufacturing plants in the Punjab province with combined nameplate production capacity of 2.57 million tons per annum (MTPA). Its flagship plant is located in Sadiqabad and operated directly, while two smaller ones in Multan and Sheikhupura are operated through fully owned subsidiaries. The IFC loan will be used for the Sadiqabad plant.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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