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
The founder of Ibrahim Group, Sheikh Mohammad Ibrahim, migrated from India in 1947 settled in Faisalabad after the partition of British India and started his ancestral business of cloth trading which his family was doing in India. Ibrahim Agencies started its business immediately after partition of British India in cloth trading in Faisalabad and during the 1960’s when yarn trading business reached its peak and the group had a sales network in all the textile centers of the country and was selling yarn of all kinds manufactured by leading textile mills of the country. Need was felt to formalize the sales network and to bring it under one umbrella. On August 27, 1968, Sheikh Mohammad Ibrahim along with his sons, Sheikh Mukhtar Ahmed and Sheikh Sardar Ahmed,laid the foundation of “Ibrahim Agency Pvt Limited” that later became instrumental in establishing one of the largest textile businesses in the country. The primary business of the Agency was to sell yarn while acting as import indenter.
1980 —Ibrahim Textile Mills Limited.
December 1980, first Textile Plant was established with an initial capacity of 12,500 spindles and technology of Marzoli & Savio (Italy). The Mill was later named as Textile Plant-1 (TP-1). The primary product produced in this plant was Polyester Viscose yarn.
1984 —AA Spinning Mills Limited.
With a success of first spinning mill, in May 1984, second spinning mill was built with a capacity of 40,608 spindles and technology from Howa, Japan. The Mill was later named as Textile Plant-2 (TP-2).The main product produced in this plant was Polyester Viscose and Polyester Cotton yarns.
1989 —Zainab Textile Mills Limited.
Progressing with a rapid pace, in 1989, third spinning mill with an initial capacity of 39,168 spindles and technology from Howa, Japan, was established. The Mill was later named as Textile Plant- 3 (TP-3) The main products produced in this plant were Polyester Cotton and Chief Value of Cotton (CVC) yarns.
1993 — Power Generation 1
To get self-sufficiency in energy, Ibrahim Group installed its first Power Generation Plant in January 1994 with power generating capacity of 31.8 MW. The plant was comprised of 6 furnace oil generating sets, each having a capacity to produce 5.3 MW, supplied by Niigata Engineering Company, Japan.
1996 — Polyester Plant 1
With the spirit of growth and having quality and cost control in its supply chain, the group decided to opt for backward integration in 1996 and established its first Polyester Plant with a manufacturing capacity of 200 tons. The state of the art machinery was installed by German company Zimmer.
1999 —Expansion of Ibrahim Textile Mills Limited.
To meet the increasing demand of yarn in the market, the operational capacity of Textile Plant 1 was enhanced from 12,500 spindles to 58,080 spindles in year 1999 with technology of Marzoli (Italy) and cone-winding of Savio (Italy).
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)
Coal Fired Power Plant has been completed and after successful test runs, became operative for commercial production during March 2018. This is state of the art plant supplied by Christof Projects GmbH, Austria and comprises of CFB boiler having steam production capacity of 80tons / hour and power generation capacity of 20.4MW.
2019 — Textile Plant 4
IFL-TP4 Project consists of a yarn spinning plant having 100,320 spindles with annual capacity of 32,500 tons of blended yarn. Plant and machinery for this project is being provided by world’s leading suppliers i.e. Truetzschler and Saurer Spinning Solutions, Germany and Luwa Air Engineering, Switzerland.
First phase of this project has been commenced commercial operations from 1st Oct 2019.