The Suraj Cotton Mills Limited is a public limited company, incorporated in the year 1984 and is listed in both Karachi & Lahore Stock Exchanges. The Company is engaged in the manufacturing and trading of high quality Yarn and Woven Fabrics. The Company has three operating units located at Nooriabad (Sind) and Shahkot (Punjab).
The Company’s success is attributed to quality yarn and fabric and valued relationship with suppliers, ginners and cotton spinners. ASSOCIATED COMPANIES
- Shams Textile Mills Limited
- Premier Insurance Limited
- Crescent Sugar Mills & Distillery Limited
- Shakarganj Mills Limited
- The Crescent Textile Mills Limited
- Crescent Fibres Limited
- Crescent Bahuman Limited
- Equity Textiles Limited
- Crescent Powertec Limited
The Company has the installation of spinning facilities at Nooriabad Area. The plant comprising of 16,320 spindles came into commercial production in 1986. During the first two years of operations, the performance of the company was extremely satisfactory. The management was successful in marketing the cotton yarn produced from these facilities and infact, we have been generating substantial export business. The operation resulted in the manufacturing of excellent quality of yarn and contributed a lot in the profitability of the company. The company in these years built enough reserves and induced the management to think about the expansion of its existing facilities. The business situation in Sindh Area in those times were not conducive for further investment, the Management, therefore, decided to increase its spindle age capacity to 34,560 by installing another spinning unit in Kotla Kahloon on Sheikhupura Road near Shahkot.
In the year 2000 the Company further expand its existing spinning facilities by the addition of 16,000 Spindles at Shahkot. This expansion project was based on high value yarns such as 40/1 – 80/1 combed to cater to the demand of high value weaving industry, which has come up recently in Pakistan.
In the year 2002 Suraj Cotton Mills Limited has created a quality standard in higher quality yarns and looking at the shortage of such products it was quite lucrative to go into expansion in existing unit by the addition of further 8500 spindles.
In the line with its policy of continuous improvement and to keep the pace with technological developments, the company has investing in further equipments, which will help it to maintain its competitive edge and remain in a position to increase investor value. In this respect, we are making further investment in our spinning division through the installation of 8,256 spindles in unit-1 located at Nooriabad. Weaving Facility
The Company had also diversified its operation in 1994 by adding weaving facilities to its established spinning lines. Primarily, The weaving unit was equipped with the most modern, sophisticated, state-of-the-art machinery and comprises 96 Air Jet Looms with a collective capacity exceeding 12 million meters of Grey cloth annually. The weaving division had managed to perform satisfactorily and management felt the need to diversify in this field. In order for the company to be able to absorb the increasing competitiveness, and to able to produce a variety of fabrics, the management has decided to expand its weaving facilities. In this regard, initially, 64 Air jet looms were added to existing weaving facilities in March 2003 and further 56 Air Jet Looms were added in December 2003 which have further enhanced the collective capacity to 25 million meters of Grey cloth annually. This unit is also export-oriented and is successful catering the needs of international market.