Monday, 7 October 2013

Al Rahim named top enviro-friendly Pak textile producer, News appeared in www.Fiber2Fashion.com on July 08, 2013; Shared by Faisal Saya

Al Rahim named top enviro-friendly Pak textile producer

July 08, 2013 (Pakistan)

As many as 64 renowned companies were conferred the 10^th Annual Environment Excellence Awards 2013 at an award ceremony held at the local hotel in Karachi Pakistan. Pakistan-based leading manufacturer and exporter of home textiles Al-Rahim Textile Industries showed outstanding performance in this competition and unanimously selected by independent award jury for 10^th Annual Environment Excellence Awards 2013. Al-Rahim Textile Industries was awarded by National Forum for Environment & Health (NFEH) because of running ‘Healthy Environment for All (HEA)’ program within organization, and introducing a range of ecofriendly terry towels in the international market.
Mahmood Akhtar Cheema, Country head International Union for Conservation of Nature (IUCN-Pakistan), Senator A Haseeb Khan, Former Federal minister of petroleum Sohail Wajahat Siddiqui, Commissioner Karachi Shoib Siddiqui, and Consul General Yamen Dr. Ikhtiar Baig, were the chief guests on the occasion. Supported by United Nation Environment Program, the environment excellence awards are annually organized by NFEH, Publicity Channel, and Energy Update Pakistan.
Highlighting the significance of environment-friendly business practices, Mr. Faisal Saya CEO Al-Rahim Textile Industries said that in the modern period, sustainability tends to be an essence of industrial goodness and business excellence, and being a successful business organization we get worldwide recognition due to our environmental and ecological considerations. ‘Long past are the days when human goodness was all belonged to the humans only, while machines and pieces of industrial equipment ruled the roost at the cost of irrecoverable environmental degradation and never-ending contamination.
Yesterday, this was the natural environment that fell prey to the human greed, and in a complete contrast today has given rise to those of the business practices and industrial operations that fully respect the natural surroundings, and modify rest of the commercial activities in accordance with social and environmental obligations’, Faisal Saya said.
In his speech of welcome, Chairman NFEH Dr. Kaiser Waheed highlighted the overall mission and commitment of National Forum for Environment & Health (NFEH) towards increasing a widespread sense of environmental responsibility within business communities in the country. Speaking on the subject of ‘A Successful Journey for Sustainable Development’, President NFEH M. Naeem Qureshi said the all efforts should be to recognize such companies and organizations that continuously strive achieve higher degree of sustainable development and economic growth of the country. These companies, according to Mr. Qureshi, are working tremendously for achieving economic and social development without harming the environment and natural resources.
Annual Environmental Excellence Awards (AEEA) were instituted 10 years agoin Pakistan, and have lured a very enthusiastic response from the industries. The AEEA are designed to recognize and promote the Pakistan-based manufacturers and exporters which make an outstanding contribution towards sustainable development.
Link: http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=148311

News appeared in Pak Blogger on 2nd July 2013; Shared by Faisal Saya

NFEH awards 64 companies for best performance

Posted in Business, Corporate News, Development and CR, Health Care, Press Release,Social Development by admin On July 3, 2013. No comments

1FLARES Twitter 0Facebook 1Google+ 0Reddit 0StumbleUpon 0Pin It Share 0LinkedIn 0Email --Buffer 0Filament.io

National Forum for Environment & Health (NFEH) announced results of 10thAnnual Environment Excellence Awards (AEEA 2013) for best performance of 2012-13. This was announced by its Chairman Dr. Kaiser Waheed and President NFEH M. Naeem Qureshi after final meeting of jury held at a local hotel.

Naeem Qureshi said the award has been instituted to recognize and promote the organizations which make an outstanding contribution to sustainable development and economic growth of the country. These companies are working tremendously for achieving economic and social development without harming the environment and natural resources.

In this year, more than 140 companies and organization has submitted their nominations. According to decision of 3-member jury has finalized the name of following 64 companies for 10th AEEA-2013:

Link: http://www.paklogger.com/nfeh-awards-64-companies-for-best-performance/

News appeared in 'One Pakistan' on 2nd July 2013; Shared by Faisal Saya

NFEH announces 10th Environment Excellence Awards

Posted about 2 months ago | Onepakistannews

Karachi,National Forum for Environment & Health (NFEH) on Monday announced the results of 10th Annual Environment Excellence Awards (AEEA 2013) for organisations showing best performance in 2012-13.

This was announced by NFEH Chairman Dr Kaiser Waheed and President NFEH M Naeem Qureshi after final meeting of jury held at a local hotel. Qureshi said the award has been instituted to recognize and promote the organizations which make an outstanding contribution to sustainable development and economic growth of the country. These companies are working tremendously for achieving economic and social development without harming the environment and natural resources.

In this year, more than 140 companies and organization submitted their nominations. A three-member jury has finalized the names of following 64 companies for 10th AEEA-2013 awards:

AGA Khan University Hospital, Al-Rahim Textile Industries, Anis Associates, Asli Punjab Pumps Bestway Cement, Clariant Pakistan, CRLF Crown Group, Dawlance, Descon Engineering, ECO Bags, EFU General Insurance, English Biscuit Manufacturers, Engro Polymer & Chemical, Engro Powergen Qadirpur, Fatima Fertilizer Company, Fauji Fertilizer Company, Fauji Cement Company, Fuaji Fertilizer Bin Qasim, GE(11)O& M Balloki, Glaxosmithkline Pakistan, Habitt, Interdesign FMC, International Power, Islamabad Serena Hotel, KAPCO Kot Addu Power Company, Kay & Emms, KSB Pumps Co., Linde Pakistan, Lotte Chemical Pakistan, Lucky Cement, M. Muhammad Shafi & Company, MESEC, Murree Brewery Co., National Refinery, Oil & Gas Development Company, Packages Limited, Pak Arab Refinery, Pakistan Cables, Pakistan International Container Terminal, Pakistan Oilfields, Pakistan Telecommunication Company, Pepsi Cola International, Pfizer Pakistan, Philips Electrical Industries of Pakistan, Preimer Cable, Procter & Gamble Hub Plant Pakistan, Qarshi Industries, Rafhan Maize Products Company, Reko Pharmacal, Roots School System, Sapna Beauty Institute, Siddiq Leather Works, Siemens Pakistan Engineering Company, Sindh Abadgar Sugar Mills, Sui Southern Gas Company, Sui Northern Gas Pipelines, Karachi Electric Supply Company, Total Oil Pakistan, Total Parco Pakistan, Track Trench & Towers Construction, Waste Busters, Water Regime, Wyeth Pakistan and Yunus Textile Mill.

The jury comprises environment experts including Shamsul Haq Memon, Consultant Sindh Coastal Authority and CEO Environment Management Consultant Nadeem Arif. A grand award ceremony will be held at local hotel on July 5, 2013. Javed Jabbar former Global Vice President IUCN, President WWF and Gulzar Firoz, Vice President FPCCI will be guests of honour. Others dignitaries and celebrities would also attend ceremony.

NFEH has been organizing AEEA since 2004 with support of Ministry of Environment and other international environmental protection organizations and NGOs.

Link: http://pakistan.onepakistan.com.pk/news/city/karachi/224992-nfeh-announces-10th-environment-excellence-awards.html

News appeared in Roznama Express on 13 July, 2013; Shared by Faisal Saya

Lack of investment in IT impedes textile sector’s growth, Interview published in Express Tribune on 13 July, 2013; Shared by Faisal Saya

ALERTS

PPP MNA denied bail

Lack of investment in IT impedes textile sector’s growth

By Farhan Zaheer

Published: July 12, 2013

Majority of the textile businesses in Pakistan are family-owned, which are usually slow to adapt to change, which is why the sector has suffered a lot for the past many years. PHOTO: FILE

KARACHI: Pakistan’s textile industry was stronger than ever to compete with any regional country, however, lack of investments in information technology was still one of the biggest impediments to growth, Al-Rahim Textile Industries Chief Executive Faisal Rahim Saya said.

“Today, you need to continuously invest to sustain the business. It’s not local or regional, it’s all global now, and only the super fit companies can sustain the onslaught of modern challenges,” Saya said in an interview with The Express Tribune.

Saya, 39, was with his father when he started textile business in 1991 by opening a factory in the SITE industrial area – one of the oldest industrial zones of the metropolis located near the Karachi port. Before entering the textile industry, his father was in the retail and wholesale businesses of car spare parts, sanitary items and hardware.

Saya is a commerce graduate, but was never able to complete his post-graduate studies because of business bindings. He manages the factory with his younger brother and has 1,400 workers. The factory, located in SITE’s Nooriabad area, mainly exports home textile products.

According to Saya, gone are the days when double-books were run. “Today, if you want to grow, you have to make your system transparent,” he said.

Majority of the textile businesses in Pakistan are family-owned, which are usually slow to adapt to change. Because the owners never update themselves or upgrade their businesses to keep up with changing times, the textile sector has suffered a lot for the past many years, he said, adding most textile firms never invest in information technology because such investments need massive one-time outflow while returns come over a long period.

Saya, however, said the textile industry had witnessed some major changes since 2005 when quotas were abolished. In the quota system, only selected manufacturers of value-added products were allowed to export.

Following the removal of quotas, many big names in the textile business went bankrupt, however, the textile industry took a turn for the better and become competitive. Now, WalMart and other leading global retail chains can buy anything from any country without any limitations or quotas.

Being a signatory to the World Trade Organisation (WTO), Pakistan had to adapt gradually to changes that the WTO advocated since its inception in 1996.

“We studied the reasons of downfall of strong companies in post-quota times,” he said, adding “had we not learnt from those case studies, we would have failed long ago.”

Zero-debt company

Al-Rahim Textile Industries is a zero debt company, as its owners believe in doing business purely on equity. The company, in its present state, does not need to borrow from banks, but Saya says they may borrow if they feel any urgent need for it.

The revenue of the company touched Rs6 billion in fiscal year 2011-12, and is expected to touch the same in fiscal year 2012-13, which ended on June 30 this year.

Future investment plans

“Karachi is the ideal location for investments and we wish to invest here, but are hesitant right now,” he said. “We are looking to import coal to run our captive power plants to power the factory and for that Karachi is ideal due to its proximity to ports. On the flipside, Punjab also has appeal because of relatively better security conditions.”

“We want to invest not only in our current units, but also in other
ventures. However, security conditions in Pakistan, especially in Karachi, are pulling us back from investing aggressively. We know we have to invest continuously if we want to sustain and grow our business,” he said.

Published in The Express Tribune, July 13^th, 2013.