The origins of Lucky Core Limited predate the formation of Pakistan itself. From a small trading concern with a single manufacturing unit, our Company has transformed over the decades into one of the largest industrial conglomerates of the country.
Hereafter, Lucky Core Limited attained iconic status – known and trusted by generations across Pakistan. Now, with a revitalised purpose and a new promise, we look forward to being part of Pakistan’s future for many years to come.
2024
- Entered into Asset Purchase Agreements with Pfizer Pakistan Limited and Pfizer Inc. for the acquisition of a manufacturing facility along with certain pharmaceutical brands and associated trademarks.
- Received approval from the Board of Directors for a capacity expansion of 200,000 TPA at the Company’s Soda Ash plant in Khewra, which, once completed, will bring the total installed plant capacity to 760,000 TPA.
2023
- Sale of 26.5% of the issued share capital of NMPL to Morinaga Milk Industry Co. Ltd. Japan completed.
- Commissioned and commenced operations of 60,000 TPA LSA expansion at the Soda Ash plant, Khewra. Total installed plant capacity upgraded to 560,000 TPA.
- Investment approval of PKR 1.55 billion for the expansion of Soda Ash Business.
- Investment approval for setting up a green field veterinary medicine manufacturing facility for the Animal Health Business.
2022
- Joint Venture and Shareholders Agreement signed with Tariq Glass Industries Limited to set up a float glass manufacturing facility.
- Commenced operations of the 100% recycled PET chip manufacturing facility at the Polyester plant, Sheikhupura.
- Commissioned and commenced operations of the 75,000 TPA Light Soda Ash (LSA) expansion at the Soda Ash plant. Total installed plant capacity upgraded to 500,000 TPA.
- Merger of NutriCo Pakistan (Private) Limited with and into NMPL is sanctioned.
- The Company changed its name to Lucky Core Industries Limited.
2021
- Commissioning of 14,000 TPA Refined Sodium Bicarbonate (RSB) expansion, which brought the total RSB capacity to 54,000 TPA.
2020
- Successfully commenced commercial operations of NMPL.
- Successfully amalgamated Cirin Pharmaceuticals (Private) Limited into the Company.
2019
- Successfully commissioned and launched commercial operations of the Masterbatches manufacturing facility.
2017
- Acquisition of certain assets of Wyeth Pakistan Limited and Pfizer Pakistan Limited completed.
- Entered into a joint venture to localize the manufacturing of nutritional products through Nutrico Moringa (Private) Limited (NMPL).
2016
- Acquisition of Cirin Pharmaceuticals (Private) Limited completed.
2014
- The Company entered the nutrition distribution business through equity investment in Nutrico Pakistan (Private) Limited.
2013
- New Blue Pearl corporate identity, vision, and values launched.
2012
- The Yunus Brothers Group (YBG) acquired a 75.8% stake in the Company from AkzoNobel.
2008
- AkzoNobel, one of the largest coatings and chemicals companies in the world, became the ultimate holding company of ICI Pakistan Limited.
2002
- The capacity of the Polyester plant is increased by 44,000 tonnes.
1998
- Commissioning of PTA plant at Port Qasim, Karachi. The PTA business demerged to form a separate entity in 2000.
1994
- The capacity of the Soda Ash plant is increased by 50,000 tonnes.
1987
- The Company changed its name to ICI Pakistan Limited.
1982
- Setup of the Polyester plant at Sheikhupura, with a capacity of 12,000 tonnes.
1944
- The Khewra Soda Ash Company, established in 1929, started its production with a single soda ash manufacturing unit.
