Fecto Cement Limited (FECTC)

28 Jul, 2016

Fecto Cement Limited (FECTC) is part of the Fecto group that started its operations in 1952 with the trading and assembly of electrical appliances and wires. The group diversified into import, export and trading of electrical wires, cables, home appliances and automobiles and later, expanded to industrial sectors by establishing a cement plant, sugar mills, tractor plant as well as paper sack and hardboard manufacturing units. Other than Fecto Cement, Pakistan Agro Forestry, Frontier Paper Products, Fecto Telecommunication and Fecto Technologies are also part of the group.

Fecto Cement commenced production in 1990 at Sangjani, a location close to the capital and the northern markets for cement. The company's plant was built by Fuller International Inc, USA with a total project cost of over Rs 2 billion. The company has the current capacity of 780,000 tons of clinker and 819,000 tons of cement in production annually and holds about 2 percent of market share capacity wise making it one of the smaller cement players in the industry. Production however has been coming up where utilisation reached 90 percent in FY15.

At present, sons of Ghulam Mohammed Fecto who founded the group, Mohammed Yasin Fecto and Asad Fecto hold 20 percent and 17 percent of the company's shares respectively.

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