Our History

We are proud of our incredible history and the journey that Lucky Core Industries Limited has made over the last seven decades.

Our History

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, that 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

  • Construction of Masterbatches facility completed, commercial operations launched
  • First-ever Morinaga manufacturing facility in Pakistan inaugurated
  • Lucky Core Limited showcases its history, growth story and Business operations on Company’s 75th Anniversary
  • Lucky Core Limited strengthens its partnership with AstraZeneca UK Limited in Pakistan

2018

  • Successful commissioning of the 75,000 tons per annum (TPA) Soda Ash Plant capacity expansion project in Khewra
  • Inauguration of the state-of-the-art Chemicals Technical Centre at the West Wharf premises in Karachi
  • Lucky Core Limited signs a strategic partnership agreement with Huntsman Textile Effects
  • Launch of the Lucky Core Limited’s inaugural intrapreneurship programme: the Explore Challenge
  • Second Hamqadam Mother & Child Community Clinic opens its doors in Sheikhupura
  • Lucky Core Limited launches the Pehchan Volunteer Programme, a first-of-its-kind structured employee volunteer programme

2017

  • Joint venture company NutriCo Morinaga (Private) Limited is incorporated
  • Groundbreaking ceremony of the NutriCo Morinaga (Private) Limited manufacturing facility is held in Sheikhupura
  • Lucky Core Limited completes the acquisition of certain assets of Wyeth Pakistan Limited and Pfizer Pakistan Limited in accordance with the Asset Purchase Agreements
  • The Life Sciences and Chemicals & Agri Sciences Businesses are restructured to house the Agri Sciences Division within the Chemicals & Agri Sciences Business for greater synergistic focus
  • MoU signed with CARE Foundation, one of Pakistan’s leading NGOs, for the management of the Tibbi Harriya School, Sheikhupura

2016

  • 10% further equity participation in NutriCo Pakistan Private Limited bringing our total shareholding to 40%
  • Lucky Core Limited successfully concludes acquisition of Cirin Pharmaceuticals (Pvt) Ltd.
  • Life Sciences Business, Animal Health Division enters into bovine genetics segment in partnership with Cogent Breeding UK
  • Launch of premium international skincare brand, Repavar by the Life Sciences Business, Pharmaceuticals Division
  • Two new power and steam projects commissioned by the Soda Ash Business
  • 14 KTPA Refined Sodium Bicarbonate plant expansion
  • Hamqadam Community Clinic inaugurated in Khewra
  • ‘iMPACT gender diversity forum launched across the Company

2015

  • Inauguration of 18MW CFB 3&4 at the Soda Ash plant
  • Commissioning of steam turbine project at Polyester
  • New Dense Ash plant commissioned at the Soda Ash Business
  • Nutraceuticals manufacturing facility commercialised

2014

  • M. Sohail Tabba is announced as Chairman of the Board of Directors
  • Lucky Core Limited signs an MoU with UniBrands (Pvt) Ltd. for investment in NutriCo (Pvt) Ltd.
  • Ground breaking of refined sodium bicarbonate expansion at Khewra

2013

  • Coal Fired Boiler and Steam Turbine project initiated at Polyester site
  • Launch of new corporate identity, vision and values

2012

  • Lucky Holdings Limited acquires majority shareholding from AkzoNobel and becomes the ultimate holding company of Lucky Core Limited

2011

  • AkzoNobel demerges the Paints Business into a separate legal entity, Akzo Nobel Pakistan Limited

2010

  • Lucky Core Foundation implements a PKR 50 million pan-country Flood Relief & Rehabilitation Program providing food and medical care and constructing two villages for affectees

2009

  • Lucky Core completes 65,000 tons expansion of its Soda Ash plant
  • Polyester Site completes Cogeneration Project
  • Pakistan PTA Limited is acquired by Lotte Worldwide Group

2008

  • AkzoNobel, one of the largest coatings and chemicals company in the world becomes the ultimate holding company of Lucky Core Limited

2007

  • Lucky Core completes 50,000 tons expansion of its Soda Ash plants

2006

  • As a part of an asset modernization and improvement plan the Polyester Business commissions a sixth processing line

2002

  • Lucky Core increases capacity of Polyester Plant by 44,000 tons
  • The Pharmaceutical and Animal Health Segment was combined with the Agrochemicals and Seeds Segment to form the company’s Life Sciences Business

2001

  • Soda Ash Site completes Automation Cogeneration & Debottlenecking Project

2000

  • PTA Business demerges to form a separate entity, Pakistan PTA Limited

1998

  • ICI commissions its PTA Plant at Port Qasim Karachi

1996

  • Lucky Core increases Polyester Fiber capacity to 60,000 tons and Polymerization capacity to 91,000 tons

1994

  • Lucky Core increases capacity of Soda Ash Plant by 50,000 tons

1991

  • Lucky Core PowerGen Limited is incorporated as a public limited company

1987

  • The company changes its name to Lucky Core Limited

1985

  • Imperial Chemical Industries Pakistan (Private) Limited and Paintex Limited merge into Lucky Core Manufacturers Limited

1982

  • Lucky Core Manufacturers Limited sets up a Polyester Plant at Sheikhupura with a capacity of 12,000 tons

1973

  • Fuller Paints changes its name to Paintex Limited

1970

  • Lucky Core Manufacturers Limited sets up a Pharmaceutical Factory in Naryanganj East Pakistan.
  • After 1971, the factory became part of ICI Bangladesh Manufacturers Limited

1968

  • Lucky Core Manufacturers Limited commissions its Speciality Chemicals Plant in Karachi

1966

  • The name of Khewra Soda Ash Company changes to Lucky Core Manufacturers Limited

1965

  • Lucky Core acquires Fuller Paints Limited

1953

  • The Khewra Soda Ash Company is incorporated as a public limited company

1944

  • ICI establishes its first manufacturing site for the production of Soda Ash at Khewra