Page 20 - CCL AR 2017 Final
P. 20

Group Structure



            Introduction
            Since its inception, the Ghulam Faruque Group has continuously strengthened and
            diversified its lines of operations; details and brief profile of other leading group companies /
            ventures are as follows:



                                             Faruque
                                             (Private) Limited
                                             Parent Company
                                             Established in 1964 as a   Faruque
                                             Parent Company of the      (Private) Limited
                                             group, it primarily serves   Parent Company
                                             as an investment arm of
                                             the Group.


            Mirpurkhas Sugar Mills Ltd
            Manufacturer of Cane Sugar
            Established in 1964, its principal
            activity is manufacturing and
            selling of sugar. It is located about
            300 km from the port city of
            Karachi, in Mirpurkhas and is
            listed on the Pakistan Stock
            Exchange Limited. The Company
            has a crushing capacity of 7,500
            tons per day and is one of the
            most efficient sugar mills in
            Pakistan.
            Moreover, it is involved in
            development of higher yield sugar
            cane varieties on its 1,700 acre
            experimental farm.





                           Cherat Packaging Ltd
                           Manufacturer of Kraft Paper and
                           Polypropylene Bags
                           Established in 1991, it is the largest producer
                           and supplier of paper sack and polypropylene
                           (“PP”) bags to the cement industry in Pakistan.
                           CPL also produce and provide bags to other
                           industries such as sugar, rice and chemical etc.
                           CPL is listed on Pakistan Stock Exchange. The
                           Company has a production capacity of 265
                           million paper bags, which will increase to 400
                           million bags by September 2017, and 195
                           million PP bags per annum. It caters to the
                           domestic as well as export markets and is also a
                           recipient of the prestigious Pakistan Stock
                           Exchange “Top Companies” Award and
                           Management Association of Pakistan’s Best
                           Company Award several times.
                                                                    Mirpurkhas Energy Ltd
                           By July 2018, the Company will also bring into
                           operation its Flexible Packaging Division.  Wholy owned subsidiary of
                                                                    Mirpurkhas Sugar Mills Ltd
                                                                    Mirpurkhas Energy Ltd., incorporated in
                                                                    2016 as a public (unlisted) Company, is
                                                                    a fully owned subsidiary of Mirpurkhas
                                                                    Sugar Mills Limited. It is 26 MW
                                                                    Bagasse based Cogeneration Project.
                                                                    The principal activity of the company
                                                                    is to generate and supply electricity.



             18
            Cherat Cement
            Company Limited
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