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ICI Pakistan Analysis

ICI Pakistan Analysis

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Published by Affan Anwar
Ratio anaysis of ICI Pakistan annual report and comparison with industry ratio
Ratio anaysis of ICI Pakistan annual report and comparison with industry ratio

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Categories:Types, Business/Law
Published by: Affan Anwar on Nov 12, 2009
Copyright:Attribution Non-commercial


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ICI Pakistan Limited was set up as a public limited company inPakistan in 1952. ICI Pakistan Limited is a 75.8% ownedsubsidiary of ICI Omicron B.V., however on 2 January 2008,AkzoNobel’s formal offer for the acquisition of ICI Plc, theparent company of ICI Omicron B.V., was approved by theshareholders of both companies as well as regulatoryauthorities, and the take-over process was completed,making AkzoNobel the ultimate holding company of ICIPakistan Limited. AkzoNobel, a Fortune 500 company basedin Amsterdam, is the world’s largest global producer of paintsand coatings as well as one of the major manufacturers andsuppliers of specialty chemicals. AkzoNobel is Chemicalsindustry leader on the Dow Jones Sustainability Indexes aswell as being included on the FTSE4Good Index, and employs60,000 people in locations spread over 80 countries.
ICI Pakistan now operates as an independent business unitwithin AkzoNobel and as a part of its specialty chemicalsportfolio.ICI Pakistan has, and continues to develop, a portfolio of businesses that are major players within their respectiveindustries, bringing together outstanding knowledge of customer needs with leading edge technology platforms toprovide superior products to its customers. Through theseattributes, it aims to create superior value for ICIcustomers and shareholders, without compromising itscommitment to safety, health, environment and thecommunities in which it operates.

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