Ibrahim Fibres LTD
- 5. Ibrahim Fibres Limited is incorporated in Pakistan as a public limited company under the Companies Ordinance, 1984 It is listed on Karachi and Lahore Stock Exchanges in Pakistan. The principal business is manufacture and sale of polyester staple fibre and yarn.
- 6. Their are three production lines located at Faisalabad – Sheikhupura Road, Faisalabad. It is spread over an area of more than 100 acres of land It has a capacity to produce 390,600 tons per annum of Polyester Staple Fibre (PSF).
- 7. The project comprises of three units located within the same premises. Unit I has been upgraded in 1999, from Marzoli, Italy, with cone-winding of Savio, Italy. Unit II from Howa, Japan with cone winding of Savio, Italy. Unit III from Marzoli, Italy with cone winding of Schlafhorst Germany.
- 8. AA Textile in 1984. The present manufacturing operations of A.A Textile have a total installed capacity of 40,608 spindles comprises of two units. Unit I gone through major modernization operation in 2002, the plant has spindles from Marzoli Italy with cone-winding of Savio, Italy. Unit II focal BMR was conducted in 2004, the plant consists of spindles from Marzoli, Italy with cone- winding of Schlafhorst Germany.
- 9. Zainab Textile started operations in 1989 .Total installed capacity is 39,168 spindles. IFL consistently equipped its projects with world’s best up-to-the-date technologies to preserve position as market leader and benchmark.
- 10. Power Generation Plants of Ibrahim Fibres Limited consist of two production plants. Total power generation capacity of these plants is 73.3 MW.
- 11. Power Generation Plant (I) started its operations in January 1994 Power generating capacity of 31.8 MW. The plant comprised of 6 furnace oil generating sets Each having a capacity to produce 5.3 MW Supplied by Niigata Engineering Company, Japan during 1996.
- 12. During 2007 the Company signed an agreement with Turbomach,Switzerland for the engineering supply and supervision of gas power generation plant, having a power generation capacity of 15 MW along with steam generation of 25 tons per hour as a by- product.
- 13. Ibrahim Group assumed the control of the Allied bank in August 2004 By injecting Rs 14.2 billion into the capital of Allied bank for acquiring 325 million additional shares. . The Bank also has the largest network of over 978 online branches in Pakistan It offers various technology- based products and services
- 14. Product and services competitors are Chenab Limited, Masood Textiles, Nishat linen Financial services competitors are M.C.B Bank, H.B.L Bank, Askri Bank.
- 16. “we do not have autocratic leaders instead they are participative. We have to much sharing everybody can participate and right to discuss but final decisions is taken by CEO.” “We are in industrial market so we do advertising through pages, pamphlets. We gives diaries, calendars, pens, key chains and different products for advertising.”
- 17. Polyester staple fibre and its raw material are PTA and MEG PTA plant is in Karachi. MEG is imported from Kuwait and Saudia.
- 18. Most important factor is the work load management. After evaluating performance annually increment is generated. For motivational purpose we also create trips to different cities.
- 19. Tarrifs definitely affect our business. We have restrictions on imports. Internationally the Government impose duties to support their local industry , but here the situation is not like this due to it we face lot of difficulties.
- 20. Our top level Managers and CEOs make these strategic plans. They have a vision of next 5 years to grow the company well. For the implementation they develop human resource. Our company focuses on human resource, training and development to our HR skillful.
- 21. We are the highest tax payers. There are our three members in pakistan’s top 5 tax payers In return we do not get protections on on our investments. So Government should encourage more and more investments so that new job can be generated in the market.