FFC inks coal-to-urea FEED agreement under CPEC 2.0

News Image

MG News | May 28, 2026 at 07:44 PM GMT+05:00

May 28, 2026 (MLN): Fauji Fertilizer Company (FFC) has signed a Front-End Engineering Design (FEED) agreement with China's Hualu Engineering and Technology Co. Ltd for the development of Pakistan's first coal-to-urea fertilizer project, which marks a  step in the country's industrial and agricultural self-reliance.

The agreement was signed in China on May 24, 2026, with a total investment of US$1.12 billion, according to the company’s post on LinkedIn.

The project, being developed under the framework of CPEC 2.0, will have an annual production capacity of 717,000 tons of urea and will consume approximately 2.1 million tons of indigenous coal each year.

By leveraging domestic coal reserves as feedstock, the initiative aims to reduce Pakistan's dependence on imported gas for fertilizer production while adding value to local natural resources.

FFC said the plant is planned for commissioning by 2030/31, and the project highlights the company's commitment to innovation, energy diversification, and long-term food security for Pakistan.

The signing  is described as a significant milestone in transforming the country's fertilizer landscape and supporting sustainable industrial growth under the broader CPEC framework.


Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 176,094.12
210.43M
0.31%
546.13
ALLSHR 106,530.89
879.03M
0.30%
313.70
KSE30 52,480.22
54.21M
0.01%
4.71
KMI30 247,198.06
71.10M
0.26%
628.83
KMIALLSHR 68,178.54
320.54M
0.35%
237.08
BKTi 50,319.17
20.32M
-0.21%
-103.75
OGTi 34,316.47
3.14M
0.13%
43.33
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,570.00 63,970.00
62,430.00
440.00
0.70%
BRENT CRUDE 83.77 84.55
81.55
-4.16
-4.73%
RICHARDS BAY COAL MONTHLY 107.75 0.00
0.00
-0.50
-0.46%
ROTTERDAM COAL MONTHLY 121.60 0.00
0.00
-0.40
-0.33%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 80.51 81.30
78.78
-4.16
-4.91%
SUGAR #11 WORLD 14.65 0.00
0.00
-0.01
-0.07%

Chart of the Day


Latest News
August 01, 2026 at 10:55 PM GMT+05:00

Chemical sector margins narrow on Middle East disruption


August 01, 2026 at 09:06 PM GMT+05:00

Weekly Market Roundup


August 01, 2026 at 12:40 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg