• Source: Fecto Group

The Fecto Group (Urdu: فیکٹو گروپ) is a group of companies based in Lahore, Pakistan. It was founded in 1952 by Ghulam Mohammad A. Fecto.
It is currently engaged in manufacture of cement and particle board.




History


Fecto Group was founded by Ghulam Mohammad A. Fecto. After the partition of India he migrated to Dhaka and started a trading business dealing in electrical goods and home appliances, radios and TVs, wire and cable.
It then moved to western Pakistan where it transitioned into manufacturing, securing the agency of tractors in 1975. The company continued to transition and at different points manufactured with two sugar mills, a tractor assembly plant, a cement plant, two paper-sack and a particleboard units.
In 1981 Fecto Cement was established and production commenced in 1990. It is considered a small player in the domestic market holding a 1.3% market share.




Subsidiaries






= Listed companies

=



Fecto Cement

Originally established in 1981 Fecto Cement Limited officially began production in 1990. Operating as a public limited company it produces and sells cement with an annual production capacity of 819,000 metric tons of cement and 780,000 metric tons of clinker. It's plant is located in Sangjani village, Islamabad.
In 1982, the ICT Industries and Labour directorate granted Fecto Cement a 30-year lease to operate within Margalla Hills National Park, an area which was officially designated as protected in 1980. In 2011, as the original lease was approaching its expiration in 2012, ICT officials extended Fecto Cement's lease by an additional 18 years. The following year, the Capital Development Authority (CDA) provided consent for Fecto Cement's operations. However, in July 2013, the CDA withdrew its no-objection certificate. Later that year the Supreme Court of Pakistan, addressing the CDA's Margalla Tunnel project, imposed a ban on all construction and excavation activities within MHNP. In 2016, the mining lease of Fecto Cement was cancelled, and a challan of Pkr 420 million had been prepared against the company for operating illegally in the Margalla Hills.




= Unlisted companies

=
Fecto Belarus




Former subsidiaries






= Baba Farid Sugar Mills

=
Baba Farid Sugar Mills Limited was incorporated in Sindh in 1978 as a public limited company, primarily focused on the manufacture and sale of sugar. In 2010 it was acquired by Patoki Sugar Mills.




= Fecto Sugar Mills

=
Fecto Sugar Mills Limited was incorporated in 1975 to manufacture sugar in Darya Khan, Bhakkar District. It also operated a partilce board unit. Fecto Sugar Mills was listed on the Karachi Stock Exchange until 2011 when it was formally delisted after buyback of shares held by the public. In 2014 after not being able to produce positive operating results it was acquired by the Imporient Group and was renamed as Darya Khan Sugar Mills.




References






External links


Official website

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