To gain operational and financial synergies, Ibrahim textile Mills, AA Spinning Mills , Zainab Textile and Ibrahim energy were merged into one company- Ibrahim Fibres Limited (IFL) in 2001 and was listed on stock exchange the same year.
1968 — Ibrahim Agency (Pvt) Limited
1980 —Ibrahim Textile Mills Limited.
1984 —AA Spinning Mills Limited.
1989 —Zainab Textile Mills Limited.
1993 — Power Generation 1
1996 — Polyester Plant 1
1999 —Expansion of Ibrahim Textile Mills Limited.
2001 — Consolidation & Emergence of Ibrahim Fibres Limited.
2002 — Polyester Plant 2
Realizing the surge in local PSF demand in 2002, company installed its second Polyester Plant with a capacity of 400 tons. The total production capacity rose to 600 tons per day after this development. The machinery was installed by Lurgi GmBH (Germany) formerly known as Zimmer.
2004 — Modernization of Textile Plant 2
To further boost the quality of products, the focal BMR of Textile Plant 2 was done in year 2004 and the machinery was replaced with technology of Marzoli (Italy) and cone winding of Schlafhorst (Germany).
2004 — Acquisition of Allied Bank of Pakistan
Keeping in view a diversification strategy, Ibrahim Group took over the control of Allied Bank of Pakistan in 2004 by injecting 14.2 billion equity representing 75.35 % of the enhanced share capital. The bank was later named as Allied Bank Limited.
2007 — Modernization of Textile Plant 3
Keeping up with technological advancement in year 2007, the up gradation of Textile Plant 3 was done and the machinery was upgraded to Zinser technology (Germany) with the link winding from Schlafhorst (Germany).
2009— Power Generation 2
To keep pace with company’s increasing production capacity, the second Power Generation plant was installed having a gas turbine of 15 MW from Turbo Mach, Switzerland. The company’s total Power generation capacity rose to 73.3 MW.
2013 — Polyester Plant 3
In 2013, Ibrahim Fibres Limited established third Polyester Plant with the capacity of 600 tons per day and emerged as the largest manufacturer of polyester staple fiber (PSF) in Pakistan with a total capacity of 1200 tons per day. The machinery was installed by Air liquide formerly known as Lurgi GmBH.
2013 —Expansion in Power Generation Plant 1
To manage an increasing power requirement , company installed five new furnace oil generating sets, each having a capacity to produce 5.3 MW, supplied by Niigata Engineering Company, Japan. These Engines, with total power generation capacity of 26.5 MW, started operating in May 2013.
2016 — Up gradation of Polyester Plant 1
In order to ramp up the productivity and quality of the product, company upgraded the digital control systems relating to polymer, spinning and fibre lines in year 2016. The machinery and related technology was imported from Technip Zimmer (Germany) and Autefa solution (Germany).
2016 — BMR of Textile Plant 2
To optimize the yarn production of Textile Plant 2, the entire back process machinery constituting of blow room machines, card machines, lap formers and combing machines were replaced with latest machinery of Truetzchler (Germany) and Schlafhorst (Germany).
2017 — BMR of Textile Plant 1
Adhering to a commitment of delivering premium quality, complete spinning and winding of Textile Plant 1 was replaced with latest machinery of Schlafhorst (Germany).
2017 — Coal Fired Power Plant ( CFPP)
2019 — Textile Plant 4
First phase of this project has been commenced commercial operations from 1st Oct 2019.