ARCHROMA PAKISTAN LIMITED ARCHROMA PAKISTAN LIMITED
CORPORATE BRIEFING SESSION
28 DECEMBER 2023
SUSTAINABILITY, IT'S OUR NATURE!
SAFETY First / Lets protect our Mental Health
Executive Summary
- Company's Profile
- Corporate Social Responsibility
- Strategic & operational developments
- Financial Outline
- Key Ratios
- Future Outlook
- Questions & Answers
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COMPANY'S PROFILE
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HERITAGE
1886 | 1995 | 1997 |
Foundationof Kern& Sandoz | Specialtychemicals to | Acquisitionof Hoechst |
Clariant | SpecialtyChemicals |
2013 | 2015 | 2016 | 2022 | 2023 |
Textile, paper and | Acquisition of BASF textile | Merger of TextilesChemical | Acquisitionof Textile | Merger of Huntsman |
emulsions businesses | chemicals business | PakistanPrivate Limited | EffectsBusinessof | TextileEffects Pakistan |
are acquired by SK Capital | (formerly BASF Pakistan | Huntsman globally. | into ArchromaPakistan | |
Partners and become | Private Limited ) | |||
Archroma | into ArchromaPakistan |
Ten years of enhancing lives with innovative chemistry - Archroma
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Our Profile
Archroma is a global, diversified provider of specialty chemicals serving the Brand & Performance Textiles, Packaging & Paper and Coatings, Adhesives & Sealants markets. Headquartered and registered in Pratteln, Switzerland, the company operates with a highly integrated, customer-focused platform that delivers specialized performance and color solutions in over 90 countries. Archroma works with 4,500 employees in 41 countries with 34 production sites.
Principal Business Activities
We are engaged in manufacturing, sales and indenting business of Specialty Chemicals including Dyestuffs and Coating, Adhesives & Sealants.
A strong emerging market Leader
Our diversified product portfolio in textiles promises innovative solutions for mills and brands. Coatings, Adhesives & Sealants, some of which are more than a century old, are a vivid combination of heritage with new technology. Packaging & Paper chemicals are environment friendly and highly adaptable for every user. Home care and HI&I (Household, industrial & institutional cleaning) chemicals are latest pride additions to our product-lines.
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Corporate Briefing Session |
Merger of Companies
After the closing of Global acquisition of Huntsman Textile effects business and local acquisition of Archroma Chemicals Pakistan (Private) Limited formerly Huntsman Textile Effects Pakistan during the financial year under review, by your Company's Holding Company i.e. Archroma Textiles GmbH, your Company is now actively working towards the merger of Archroma Chemicals Pakistan (Private) Limited into Archroma Pakistan Limited.
The Board of Directors of your Company in its meeting held on 27 April 2023 approved the draft Scheme of Arrangement under Sections 279 to 283 and 285 of the Companies Act, 2017. The members of the Company also approved the Scheme of Arrangement in the Extra Ordinary General Meeting held on 23 June 2023 on amalgamation effective from 1st October 2023 or such other date as may be stated by the Court.
The Company shall allot and issue an aggregate of 445,460 Company's shares to the shareholders of Archroma Chemicals Pakistan (Private) Limited (formerly Huntsman Textile Effects Pakistan) on the basis of the swap ratio of approximately 0.0455 shares of the Company for every one share of Huntsman.
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Corporate Briefing Session |
/ Quality & Sustainability commitment
The " Archroma Way " SAFE, EFFICIENT, ENHANCED. It's our nature
Quality Certification
ISO 9001:2015 ISO 14001:2015
OHSAS 18001:2007
Friendlier products
Aqueous dispersion Solvent free
No toxic components Low emission
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Recognized Leadership
- Top 25 Best Performing Companies Award - 2022 by Pakistan Stock Exchange / 20th time
- 38th Corporate Excellence Award 2022 by Management Association of Pakistan / 12th time
- Employer of the Year award 2022 by Employers Federation of Pakistan / 7th time
- Best Corporate Report Awards 2023, Certificate of Merit / 3rd time
- Occupational Safety, Health & Wellness Award 2022.
- The Archroma group was recently awarded the Platinum Sustainability Rating by EcoVadis
- Archroma Pakistan was selected amongst top 10 companies with best practices on women empowerment.
- Archroma Pakistan wins gold award for skills development
- Archroma ranked NUMBER ONE in the 'INDUSTRIAL CHEMICALS" List by Institute of Public & Environmental Affairs (IPE) for driving transparency in supply chain.
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Archroma Pakistan Ltd. published this content on 20 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2023 07:00:33 UTC.
