Profile:
Attock Cement Pakistan Limited (ACPL) is a public limited company, listed on the Karachi Stock Exchange since June 2002. Main business of the Company is Manufacturing and Sales of Cement. ACPL, is part of the Pharaon Group, which in addition to investment in Cement industry has diversified stakes in Pakistan mainly in the Oil and Gas Sector.
Corporate Profile:
The Attock Cement project was conceived and the company was incorporated in 1981, the plant finally commenced commercial production on June 1, 1988. The project is a Pak Saudi joint venture and involved initial capital outlay of around Rs 1.5 billion with foreign exchange component of around US $ 45 million. This made it one of the largest enterprises in the private sector. Pharaon Commercial Investment Company Limited holds 84.06% of total paid up share capital whereas the general public holds a total of 15.94% shares.
ACPL’s Cement plant was designed by Uzinexportimport (UEI) of Romania, all equipments, and ancillaries and steel structures was supplied by UEI and Limestone crusher and packing plant was manufactured by O & K and Havor and Boecker of Germany. Thus it is with a sense of pride that Attock Cement claims pioneer status in bringing the Pre-calcination / Pre-heating dry process technology to Pakistan.
The Cement manufactured and being marketed under the “FALCON” brand is of the highest standard and truly the market leader.
Pharaon Group’s sponsor is Dr Ghaith .R.Pharaon, International Investor and Industrialist who, apart from his financial and trading interests in other parts of the world, has substantial investments in Pakistan over the past several years through Pharaon Group of Companies in the Cement, Oil and Gas sectors. A competent, motivated and committed team of highly skilled and experienced professionals manages Pharaon Group Companies. Following is the overview of the Group Companies headed by the Pharaon Group:
Pakistan Oilfields Limited is a listed company in Pakistan, engaged in Oil and Gas exploration, drilling, production of crude oil, Natural Gas/LPG, Sulphur and transmission of petroleum and related activities. The Company has won the “Top Twenty Five Companies” award of the Karachi Stock Exchange in the years 1987, 1988, 1989, 2000 and 2004.
Attock Refinery Limited:
Attock Refinery Limited is another group company listed in Pakistan and engaged in refining of crude oil and petroleum production. During the year 1995 and 1996, Attock Refinery was honoured with the top 25 Companies award of the Karachi Stock Exchange.
Attock Petroleum Limited:
Attock Petroleum Limited was incorporated in 1995 and commenced its commercial operation in February 1998. The main business of the company is the marketing of petroleum products in local markets through over 70 commisioned outlets in Pakistan while another 50 outlets are under development.
Other Group Companies:
The Attock Oil Company Limited UK
Attock Information Technology (Pvt) Limited
Attock Hospital (Pvt) Limited
