Gas power generation plant, having a power generation capacity of 15 MW along with steam generation of 25 tons per hour as a by-product successfully started its operations during 1st half of 2009.
Ibrahim Group acquired Allied Bank Limited, one of the five largest commercial banks in Pakistan under the scheme of re-construction of the Bank’s capital undertaken by The State Bank of Pakistan. Ibrahim Group injected equity of PKR. 14.2 billion into the Bank against 325 million shares of the Bank.
Major Modernization & Replacement of the Back process equipment of Textile Plant 1 (Ibrahim Textile Mills Ltd.)
The expansion unit of Polyester plant started commercial production thus increasing the PSF production capacity from 70,000 tons per annum to 208,600 tons per annum.
Four Group companies, Ibrahim Textile Mills Ltd., A.A Textiles Ltd., Zainab Textile Mills Ld. and Ibrahim Energy Limited were merged into Ibrahim Fibres Limited.
Commissioning of the Polyester Staple Fibre plant having an annual production capacity of 70,000 tons per annum.
The Group commenced the start-up of Polyester Staple Fibre Manufacturing Plant having a capacity to produce 70,000 tons of PSF per annum.
The Group established Ibrahim Energy Limited, a 31.8 MW power generation plant.
The Group established the third Textile spinning plant, Zainab Textile Mills Limited, having a capacity of 38,400 spindles.
The Group established the second Textile spinning plant, A.A Textiles Limited, presently having a capacity of 40,128 spindles.
The Group established Ibrahim Textile Mills Limited, a Textile spinning plant presently having a capacity of 58,080 spindles.