FFC registers subsidiary

RECORDER REPORT

KARACHI: Fauji Fertilizer Company (FFC) has announced that after completing all legal formalities, a wholly owned subsidiary with the name of ‘OLIVE Technical Services (Private) Limited’ has been incorporated and registered with Securities and Exchange Commission of Pakistan (SECP).

The principle line of the business shall be to provide technical services, including but not limited to plant turnaround and shutdown services, engineering, procurement, de-commissioning and start-ups inspection and testing, reliability assessment, plant safety and energy audits, HSEQ audits, Information Technology services, etc., a notice sent to Pakistan Stock Exchange on Friday said.