Attock Group - Multinational Company

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Wednesday, April 17, 2019

Attock Group

Attock Group

·        Introduction
Attock group, additionally referred to as Pharaon group, is a Pakistani conglomerate company primarily based in Rawalpindi, Pakistan it's the sole vertically integrated oil conglomerate of the country.[4]
The group is owned by Ghaith Pharaon family
·        Subsidiaries
The Attock Group consists of the following companies
Pakistan Oilfields Limited (POL)
Pakistan Oilfields Limited was founded on November 25, 1950 and is one of the oldest Pakistani exploration and production company. In 1978, politico took over the exploration and production business of AOC. Since then it's been finance independently and in joint ventures with varied E&P firms for the search of oil and gas in the country. Aside from exploration and production of gas, politico additionally operates an intensive network of pipelines for transporting its own petroleum further as that of others to ARL. It also manufactures LPG, Solvent Oil and Sulphur. Pakistan Oilfields restricted is the oil exploration wing of the Attock cluster of firms.
·        Attock Refinery Limited (ARL)
Attock refinery restricted (ARL), is a refinery purification the oil within the country with its operations dating back to the first decade. It is based in Rawalpindi, Pakistan.
·        National Refinery Limited, Karachi (NRL)
The Attock Oil cluster of firms through the method of Privatization has acquired fifty one material possession of National plant restricted, city with management control and thus became the largest group having huge investment in Oil & Gas and refinement sector of Pakistan. National refinery limited (NRL) was incorporated as a Public Ltd. at karachi in 1963. Naval Research Laboratory may be a crude oil purification and petrochemical complex producing a wide range of fuels, lubes, BTX (petrochemicals), asphalts and specialty product for domestic consumption and export. NRL has crude oil processing capacity of 2,710,500 tonnes per annum (TPA), its lube refineries have a designed production capacity of 176,200 TPA of lube base oils (LBO) and its BTX unit includes a designed production capacity of 25,000 TPA. NRL enjoys a competitive edge as it is the only refinery producing lube base oils in Islamic Republic of Pakistan
·        Attock Petroleum Limited (APL)
Attock petroleum limited (APL), sponsored by the Pharaon commercial Investment group restricted and Attock Oil cluster of firms, started its operations in 1997. APL is the only OMC in Pakistan belonging to a Group involved in Oil Exploration, Production and Refining. Over the last 5 years, APL has dilated its retail outlet network at Associate in Nursing appreciable pace with its 128th Retail Outlet already commissioned in december 2005. Further, with its latest Storage Terminal at rawalpindi and planned storage terminals at Mehmood Kot, Machike, Taru Jabba and Port Bin Qasim. APL has become a major businessperson of crude products together with road bitumen to Islamic State of Afghanistan and is also facilitating export of dissolving agent to middle east, Far East and South Asia. APL also offers a large vary of crude oil merchandise and lubricants. It is also registered with Afghan Investment Support Agency (AISA) to control in Islamic State of Afghanistan as Associate in Nursing OMC and has established its office in Kabul. Attock Petroleum is a market leader in Pakistan in non-energy products like asphalt and operates two asphalt making refineries.
·        Attock Cement Pakistan Limited (ACPL)

Attock Cement {pakistan|Pakistan|Islamic Republic of West Pakistan|West Pakistan|Asian country|Asian nation} limited (ACPL) was incorporated in Pakistan on Oct 14, 1981 as a Public limited company and is listed on the Karachi stock exchange. The company started its industrial production on Gregorian calendar month 1, 1988. ACPL's current production capacity is 2,400 MTPD. Due to Associate in Nursing overall surge in cement demand in the country over the last couple of years coupled by growth in regional market, ACPL has decided to increase its production capacity to 5,400 MTPD by setting up a new plant with a capacity of 3,000 MTPD. The new plant was regular to be completed and start trial production by January 2007.[ Attock Cement is considered a mid-sized cement company in Islamic Republic of Pakistan thanks to the size of its operations. Its manufacturing plant is located in Hub Tehsil, Balochistan and it sells its products under Falcon brand cement

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