Businesses
Today ICI Pakistan’s five businesses, Polyester, Soda Ash, Paints, Life Sciences and Chemicals 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 Industrial use and Projects, Specialty Chemicals, Polyurethanes, and Adhesives and arranges manufacture, on a toll basis, of Pharmaceutical and Animal Health products. It also markets Seeds and in addition is engaged in trading in various specialized chemicals for use in industries in Pakistan.
In 1995 ICI Pakistan Limited set up a USD 490 million PTA manufacturing facility at Port Qasim, near Karachi, which was commissioned in 1998. In 2001, the business was demerged to form Pakistan PTA Limited, a subsidiary of ICI Plc UK. ICI Pakistan is one of the largest quoted companies on the Karachi, Lahore and Islamabad Stock Exchanges with a paid up share capital of Rs 1.39 billion. The company has around 1,294 permanent employees and the same numbers of people provide services through contractual arrangements.
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Famous quotes containing the word businesses:
“One of the first businesses of a sensible man is to know when he is beaten, and to leave off fighting at once.”
—Samuel Butler (1835–1902)