Fauji Fertiliser Company (FFC) maintained its urea market share at 41 per cent during CY11 by selling 2.4 million tonnes, marginally lower than CY10 sales of 2.5 million tonnes. This is in line with the five per cent decline in industry urea production. The lower production is attributed to gas curtailment of around 12 per cent for companies on the Mari network. As a result, FFC’s plant was able to operate at 117 per cent capacity compared to last two years average of 124 per cent. ENGRO sold 1.3 million tonnes of urea, depicting a 33 per cent YoY jump from CY10 urea sales of 0.95 million tonnes. Commencement of commercial operations of its Enven plant is the main reason behind this increase. During the year under review, ENGRO’s market share went up to 21 per cent from 16 per cent in the corresponding period last year. The Company’s production during CY10 increased by 31 per cent YoY to 1.3 million tonnes. However, the production figure was still short of its design capacity owing frequent plant shutdowns due to gas curtailment. Fauji Fertiliser Bin Qasim Limited’s DAP plant operated at 101 per cent capacity, producing 657,000 tonnes of the product in CY11 (CY10: 655,000 tonnes). The company’s market share increased to 59 per cent in CY11 (CY10: 49 per cent), and it sold a total of 658k tonnes of DAP during the year. FFBL’s urea production however, was down 16 per cent YoY to 440,000 tonnes in CY11, mainly due to the company’s strategy of prioritising production of higher margin DAP in the face of gas shortage. Fatima Fertiliser Company Limited (FATIMA) commenced commercial operations during CY11 and produced 425,000 tonnes of Urea. The company was able to capture a market share of 7.5 per cent during the period under review. During CY11, FATIMA produced 141,000 tonnes and 324,000 tonnes of NP and CAN respectively.
