Monday, 6 February 2012

Industrial Business Sector

JS Industrial

1.      Al Abbas Industries – Steel, Chemicals and Fiber Board
This business was established in 2002 to develop three buildings materials projects.  The company’s fiber board plant is Pakistan’s largest producer of Medium Density Fiber (“MDF”) boards.  The company’s Ferro-alloy plant produces about half of the Ferro-alloy requirements of Pakistan’s steel industry.  The company also has a calcium carbide plant.

2.      Al Abbas Sugar Mills – Sugar and Ethanol
In 1991, JS invested in this leading sugar and ethanol producer. Al Abbas Sugar Mills has a rated cane crushing capacity of 5,500 tons per day and operates two distillery units for superfine ethanol production.

3.      Pakistan International Container Terminals (PICT)
PICT is the East Wharf container terminal at the Karachi Port.  The company is sponsored by Premier Mercantile Services and JS Group is its second largest shareholder.  IFC and the OPEC Development Fund are lenders to PICT. It is the only container terminal managed by a Pakistani operator and has a handling capacity of 550,000 TEU per annum.

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