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.)
2002
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.
2001
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.
1996
Commissioning of the Polyester Staple Fibre plant having an annual production capacity of 70,000 tons per annum.
1994
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.
1989
The Group established the third Textile spinning plant, Zainab Textile Mills Limited, having a capacity of 38,400 spindles.
1984
The Group established the second Textile spinning plant, A.A Textiles Limited, presently having a capacity of 40,128 spindles.
1980
The Group established Ibrahim Textile Mills Limited, a Textile spinning plant presently having a capacity of 58,080 spindles.
