Fareed Metals (Private) Limited and the Export Facilitation Scheme
Fareed Metals (Private) Limited, a reputable company operating within Pakistan, has been granted authorization by the Central Government of Pakistan to import specific waste streams from overseas sites. These waste streams are processed under the Export Facilitation Scheme, which ensures proper handling, reprocessing, and compliance with regulations.
The scheme aims to promote sustainable practices, resource utilization, and environmental responsibility. By allowing Fareed Metals to import and reprocess these waste materials, the government encourages recycling, recovery, and the creation of valuable raw materials from what would otherwise be discarded.
As part of this authorization, Fareed Metals adheres to stringent guidelines set forth by the relevant regulatory bodies. These guidelines cover aspects such as waste management, environmental impact, and quality control. The company plays a crucial role in transforming waste into usable materials, contributing to both economic growth and environmental conservation.
Authorized Waste Streams Which May Be Imported by Fareed Metals (Private) Limited
Waste Stream | HS Code |
| Degassed Deoiled Compressor Scrap | 7204.4940 |
| Electric Motor Scrap | 7204.4990 |
| Self Starter Scrap | 7204.4920 |
| Auto Generator Part Scrap | 7204.4920 |
| Iron and Steel Auto Parts Scrap | 7204.4920 |
| Copper Scrap | 7404.0090 |
| Aluminium Waste and Scrap | 7602.0010 |
| Aluminium Cable Cutting Scrap | 7602.0090 |
| Copper Cable Cutting Scrap | 7204.4990 |
| Aluminium Foil Scrap | 7204.4990 |
| Aluminium Broken Scrap (with or without iron attachment) | 7602.0090 |
| Blower Fan Scrap | 7204.4990 |
| Galandar Scrap | 7204.4990 |
| Transformer Scrap | 7204.4990 |
| Submersible Pump Scrap | 7204.4990 |
| Alternator Scrap | 7204.4990 |
| Suction Pump Scrap | 7204.4990 |
| Drill Scrap | 7204.4990 |
| Iron and Steel Meter Scrap | 7204.4990 |
| Iron and Steel Remeltable Ballast Scrap | 7204.4990 |
| Generators Suitable for Use on Aircraft Scrap | 8503.0090 |
Virgin Raw Materials Produced from Imported Waste Streams For Export Internationally
Virgin Material | HS Code |
| Copper Ingots | 7403.1900 |
| Aluminium Ingots | 7601.2000 |
Additionally, any plastic by-products are sent to our government regulated recycling partners for the production of the following material to be either used locally or to be exported to International markets all over the world:
Waste Plastic Reprocessed and Turned into the Following Commercial Products | |
| HDPE construction quality Plastic Pipe | |
| Jacquard Webbing | |
| Jacquard Elastics | |
| Jacquard Drawcords and Strings | |
| Polypropylene Webbing | |
| Military and Tactile Webbing | |
| Polyester Webbing | |
| Mattress Tapes | |
| Cotton Webbing | |
All steel material which arises from the reprocessing of imported material through the Export Facilitation Scheme is sent to steel furnace partners who are regulated and authorised by the local environmental protection agency and overseen by the Central Agency of The Government of Pakistan. The furnaces use the latest state of the art Induction Technology The finished steel Virgin material is in the form of billets and Ingots. The plant runs both on natural gas and electricity to minimise reliance one type of fuel and to balance out its carbon footprint.