Biafo Industries Limited

Biafo Industries Limited was incorporated on 07 September 1988 as a public limited company
under the Companies Ordinance, 1984 in Pakistan. The company is principally engaged in the
manufacturing of commercial explosives and blasting accessories including detonators and other
materials. Its main offering is Tovex, which is a water gel explosive compound that is considered
more efficient and safer than dynamite. Biafo's products are used in cement plants, blasting for
road construction and mining for minerals. But the primary consumers are oil and gas companies
that require explosives for seismic exploration. Wah Noble Chemicals Limited is the competitor
of Biafo Industries limited.

Wah Nobel Chemical Limited

Wah Nobel Chemicals Limited was incorporated as a public limited company on May 31, 1983
in Pakistan. The principal activity of the Company is to manufacture Urea Formaldehyde
Moulding Compound, Formaldehyde and Formaldehyde based liquid resins for use as bonding
agent in the chip board, plywood and flush door manufacturing industries.