Noon Sugar Mills Ltd (Pakistan)

The Company was incorporated in 1964 as a public company listed on all the Stock Exchanges of Pakistan for setting up of a plant for manufacture of white sugar, in the province of Punjab. The plant went into production in 1996 with a daily crushing capacity of 1,500 MT of sugar cane, which has since been raised to 4,000 MT per day in 2002. Further extension to 9,000 TCD is underway which has become operative in 2006-2007 crushing season, Al-Hamdulillah.
An Alcohol Distillery of French origin was added during 1986 with a production capacity of 50,000 litres/day in 2002. Another facility with an option to provide either 30,000 LPD Industrial of fuel Grade Ethanol was added in 2002. A new Fuel Ethanol plant of 100,000 LPD, based on Molecular Sieve technology has been added in 2005.
The Distillery is ISO 9001 certified since 1998. which upgraded to ISO-9001-2000.
An Effluent Treatment Plant employing the Canadian technology of ABV Bio-Gas reactors has been installed since 1997, to use its bio-degradable waste water as a renewable source of energy to replace 70% of fuel oil / natural gas, for generation of process steam. This has also enabled the Company to fulfill its obligation towards reducing the environmental pollution.
The present equity of the Company is Rs.992 Million, with total investment of around Rs.1,877 Million. The Market Capitalisation is over Rs.455 Million, and sales revenue amounts to over Rs.1.0 Billion, including exports of Rs.213 Million. The average number of employees is 691.
The Company has a gratifying record of 40% average annual Dividend out to the share holders in the last 10 years.