Categorie: IPO / Secondary Offering
Submitted 5 months ago by
Xpertwriter
, CEO At E-HostingJunction.com
at Spectrum Resumes , Inc
ICI Pakistan Limited is a 75.81% owned subsidiary of ICI Plc, UK. It was set-up as a public limited company in Pakistan in 1952. ICI's presence in this part of the world, however, predates the formation of the public limited company, and indeed, Pakistan itself.The Khewra Soda Ash Company, a predecessor of ICI Pakistan Limited, set-up a soda ash manufacturing facility in Khewra in 1944 with a capacity of 18,000 tonnes per annum. This facility was sited next to the salt range as rock salt and limestone, the two key raw materials for manufacturing of soda ash available here in abundance.Currently, the ICI Pakistan has five businesses ie polyester, soda ash, paints, chemicals and life sciences manufacture and sell a range of industrial and consumer products. These include polyester staple fibres, POY chips, light and dense soda ash, sodium bicarbonate, paints for the decorative, automotive, refinish segments for the industrial and projects use, specialty chemicals, polyurethanes, and adhesives.The company also arranges manufacture on a toll basis of pharmaceutical and animal health products. It also markets seeds and in addition is engaged in the trading of various specialised chemicals used in the industries in Pakistan.The company spent Rs 1,012 million in 2007 on major capital projects and on sustenance to ensure efficiency and integrity of assets. The 50ktpa soda ash expansion project costing Rs 1.0 bill...
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Submitted 5 months ago by
Xpertwriter
, CEO At E-HostingJunction.com
at Spectrum Resumes , Inc
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