Fecto Group

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Fecto Group
Founded1952;72 years ago (1952) [1]
FounderGhulam Mohammad A. Fecto [1]
Headquarters Lahore, Punjab, Pakistan
ProductsCement (Portland brand) particle board and medium density fiberboard manufacturing units
Website fecto.com

The Fecto Group is a Pakistani company which was founded in 1952 by Ghulam Mohammad A. Fecto. [1]

Contents

It is currently engaged in cement [2] and hardboard.

History

The group was founded by Ghulam Mohammad A. Fecto. [1] He was born in 1922 in Jetpur in the British Indian state of Gujarat, into a Memon family. Fecto sold shoes out of a store he owned in Mumbai called Coronation Footwear. [3] 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. [3]

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 plant, cement plant, paper-sack and hardboard units. [1]

In 1981 Fecto Cement Ltd. was established and production commenced in 1990. [4] It is considered a small player in the domestic market holding a 1.3% market share. [5] [6]

Major projects of the group

Export of products

Fecto Cement Limited's northern plant in Khyber Pakhtunkhwa supplies cement to Punjab, Khyber Pakhtunkhwa and Azad Kashmir areas in the domestic market.

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References

  1. 1 2 3 4 5 6 7 8 9 10 11 12 Profile of Fecto Group of Industries on Business Recorder (newspaper) Published 28 July 2016, Retrieved 21 November 2019
  2. ↑ Cement Plants located in Pakistan on CemNet.com website (The home of International Cement Review database) Retrieved 21 November 2019
  3. 1 2 >https://www.fectogroup.com/
  4. ↑ Research, B. R. (28 September 2021). "Fecto Cement Limited". Brecorder. Retrieved 28 September 2021.
  5. ↑ "A review of listed cement companies in Pakistan". 7 April 2022.
  6. ↑ "Small cement becomes smaller". 2 March 2020.
  7. ↑ Fecto Cement keen to buy Dewan Cement's northern plant The News International (newspaper), Published 14 December 2016, Retrieved 21 November 2019
  8. ↑ PACRA Maintains Entity Ratings of Fecto Cement Limited on ASIANET Pakistan website Published 1 April 2019, Retrieved 21 November 2019
  9. ↑ Fecto Cement Limited listed on Pakistan Stock Exchange on the MarketScreener business website Retrieved 21 November 2019
  10. ↑ Fecto Group of Industries on Pakistan Business Journal website Retrieved 21 November 2019
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