Last update: Tue, 09 Feb 2016 10am

Company News: Pakistan


Ghani Gases (GGL) is one of the two market leaders in industrial gas producing industry in Pakistan. GGL is a manufacturer and distributor of a range of liquid industrial and medical gases catering to a variety of economic sectors. It is a leading company of the Ghani Group, an interest-free corporate entity. Ghani group is a multinational conglomerate company headquartered in Lahore operates a diverse range of businesses, including five modern glass manufacturing plants, automobiles industry, Beverage Company and some mining companies.
In the Brief Recordings published on February 8, 2016 titled "Sika is know-how from site to shelf - CEO Sika Pakistan", Sika Global's revenues have erroneously been published as 5 million Swiss Francs instead of 5 billion Swiss Francs. BR Research regrets the mistake.
Naveed Chaudhry is the Chief Executive Officer of Sika Pakistan - a subsidiary of Sika AG Switzerland. Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and the motor vehicle industry. Sika has subsidiaries in 89 countries across the world and manufactures in over 160 factories.
Faran Sugar Mills (PSX:FRSM) was incorporated under the umbrella of the Amin Bawany Group in 1981 for the manufacturing and sale of white sugar in Sheikh Bhirkio, Tando M Khan District, Hyderabad. Starting with a cane-crushing capacity of 2000 tons per day in 1983, the company now boasts a capacity of 9000 tons per day, and its market capitalisation is north of Rs 2.8 billion.
The biggest name in fertilisers and one of the largest corporations in Pakistan, Fauji Fertilizer Company Limited (PSX:FFC) started its epic journey in 1978 as a private limited company. The company listed itself in 1991 and today its market capitalisation is north of a staggering Rs 141 billion.
Nimir Industrial Chemicals Limited (PSX: NICL), is engaged in manufacturing and sale of industrial chemical products. Among the chemical industry in Pakistan, it is known as a pioneer in establishing Oleo chemicals business in the country. The Company from its humble begging in 1994 has become a major player in the chemical industry of Pakistan. NICL was listed on nation's stock exchanges in 1996.
With a background in leather, textile, and banking businesses, Mr. S.M. Muneer is no stranger to Pakistan's business community; nor is he to government circles. In his decades of illustrious career, Mr. Muneer holds and has held numerous positions including Vice Chairman of MCB Bank, President India-Pakistan Chamber of Commerce & Industry, Vice Chairman SITE Association and what not. In March 2014, Mr. Muneer was appointed as the CEO of Trade Development Authority of Pakistan (TDAP).