Matco Foods inaugurated a state-of-the-art Corn Starch Plant

Matco Foods Limited (MFL) inaugurated its new 72,000 MT per year capacity Corn Starch Plant in Allama Iqbal Industrial City, Special Economic Zone Faisalabad, FIEDMC.

The plant went through extensive testing and the rough inspection before commissioning, therefore, the Commercial Operations Date (COD) marked as August 26, 2022.

“Matco is a dedicated partner of Pakistan’s industrial vision and amongst the Top 100 Exporters from the country. We are committed to diversifying the industrial base and providing value addition for our stakeholders and for Pakistan’s economy. The Corn Starch Plant has been completed in record time since groundbreaking in 2021 with the dedication of all stakeholders – and we thank our shareholders, staff, equipment suppliers & technology partners, financial institutions, and government bodies including FIEDMC, BOI, PBIT, and FESCO on achieving this milestone. The project has created new jobs, directly and indirectly, provided economic opportunities for farmers, and will earn vital foreign exchange through exports as well.” says company’s Chairman Mr. Jawed Ali Ghori.

Matco Foods Limited was incorporated on April 14, 1990 in Karachi as a private limited company under the repealed Companies Ordinance, 1984 (Now Companies Act, 2017). The principal activity of the Company is to carry out the business of processing and export of rice, rice glucose, rice protein and pink salt, masala and kheer.