Founded in 1980, Descon Chemicals (Pvt) Ltd has established itself as one of the leading Chemical manufacturers in the country. Descon Chemicals offers its clients and partners a diverse portfolio of products, unsurpassed quality and technical service, strong commitment and innovation driven by latest trends in the market. All these ingredients result in Descon Chemicals helping its clients to add value to their products and production process, which are driven by introducing new ideas and solutions.
During 1980, a production facility engaged in the manufacturing of Sulphuric Acid, was acquired by DESCON, which after restructuring and reorganizing was renamed as “Salfa Chemicals”. With the birth of “Salfa”, Descon entered into the chemical sector in Pakistan .
In 1982, “Delta Industries (Pvt) Ltd.” which was adjacent to “Salfa Chemicals” was acquired by Descon’s Chemical Business and later on Salfa Chemicals was merged into Delta Industries. After the merger, Delta Industries initiated an aggressive development and growth plan. Delta made significant investments in R&D and infrastructure and with continuous hard work & introduction of innovative products, the organization evolved into a major player in the chemical sector. Delta increased its product range manifold and became a major producer of POLYMER products covering Water Based Coating Resins, Alkyd Resins, Amino Resins, Hard and Special Resins, Unsaturated Polyester Resins and Special Coating Additives. Delta’s Product Line also included Textile Chemicals and Paper Chemicals.
During 2004, with an objective to align the name of the Company with its actual line of business, Delta Industries Pvt. Ltd. was renamed as Dawchem Industries (Pvt) Ltd.
During 2006, as a result of Corporate Strategy and futuristic thinking of Descon management, Dawchem Industries Pvt. Ltd. was finally renamed as DESCON CHEMICALS (PVT) LTD.
Nimir Resins Ltd.
Nimir Resins is a specialty chemicals manufacturing company, producing Alkyd Resins and water based binders for enamel and emulsion paint industry. The Company also produces Textile processing chemicals and products for paper industry.
In 2004, as a result of a strategic move, Nimir Resins was acquired by Descon and was brought under the umbrella of Descon’s Chemical Business.
Merger of Descon Chemicals into Nimir Resins Ltd.
Pursuant to the orders of the Lahore High Court, DESCON CHEMICALS (PVT) LTD has been merged into Nimir Resins Limited by the transfer to and vesting in Nimir Resins Limited of the entire undertaking of DESCON CHEMICALS (PVT) LTD with effect from 01 July, 2008 retrospectively.
As envisaged in the merger plan, SECP has renamed Nimir Resins Limited as DESCON CHEMICALS LTD effective 01 April, 2010.
Synergistic benefit of the Merger
The merger has created an entity which is much stronger than the respective companies on their own. It has the potential to greatly enhance the returns to the shareholders with its diversified portfolio and accrue substantially enhanced benefits for its customers, suppliers and employees.
As was the case with the merging entities the merged business will also be a responsible Corporate Citizen and will continue to create wealth and contribute to the exchequer in the form of taxes while recognizing its responsibility to the environment and the community that it operates in.
Future Outlook
DESCON CHEMICALS LTD has a vision “to become a leading chemical solution provider to industry worldwide”. Today, DESCON CHEMICALS LTD is producing more than 250 products and serving a large variety of industries within Pakistan and overseas. DESCON CHEMICALS LTD has shown tremendous growth in the market over the last six years.
Focusing on performance and productivity, DESCON encourages its people to introduce new ideas and improve its operations based on best practices, latest cutting edge technology and continuous training of its human capital. Our team of professionals work hard and always try to go to any limit to conduct business with integrity, respect of co-workers, service to customer and the environment around us.
DESCON CHEMICALS LTD is now focusing its attention to the overseas markets through which we plan to reach our goal of becoming a solution provider to industry worldwide. Our objective is to provide additional value to our customers through a variety of products, while maintaining commitment to quality and service.
We have entered the new millennium with a strong corporate culture that believes in DESCON’ s core values, vision and mission.
APPLY AT THE FOLLOWING ADDRESS:
Descon Headquarters
Building 04, 18 km Ferozepur Road, Lahore-54000 Pakistan
PABX: +92 (0) 42 35923721-7 Fax: +92 (0) 42 35923749
Email:info@desconchemicals.com
Factory Address
14.5 km, Lahore Sheikhupura Road
Lahore, Pakistan
PABX: +92(0) 42 7970630-31
Fax: +92 (0) 42 7970229
Faisalabad Office
House # 34-W-101, Susan Road, Madena Town.
Faisalabad, Pakistan
Voice: +92(0) 41 8544684, 8725116
Fax: +92 (0) 42 8725117
Karachi Office
Business Avenue. 26/A, 9th Floor, Block 6.
PECHS, Shahra-e-Faisal, Karachi, Pakistan
Voice: +92(0) 21 4544485-6
Fax: +92 (0) 21 4382674
No comments:
Post a Comment