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Submitted to: Respected Mam Ramla BaigSubmitted by: Azka javed Mi15bba022 2015-2019Company name: Akzonobel
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Company profileAkzo Nobel Pakistan Limited346 Ferozpur Road, Lahore.
T +92 42 111 551 111 F +92 42 3583 5011 E:[email protected]
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Contents
Company overview
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History5
Board of directors6,7
Business8
Goods type9
Shareholder & share info10
Sale & profit11
Future12
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Company overview
AkzoNobel is world’s leading industrial companies. It’s businesses are active in Decorative Paints, Performance Coatings and Specialty Chemicals. AkzoNobel’s chemicals are essential ingredients in everything from ice cream to asphalt, soup to soap, and plastics to paper.
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History• 1646- in Sweden
• 1952- ICI Pakistan Limited .
• 1965- ICI UK 50% interest
• 1973- Paintex Limited • 2007- 50 years of continuous listing on the Karachi Stock Exchange • 2008- ICI Pakistan Limited formally a part of the AkzoNobel Group. • 2012- As of June 1, 2012, Akzo Nobel Pakistan Limited is operating as a
separate legal entity.
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Board of directors• Mueen Afzal Chairman and DirectorFinance Secretary in Balochistan and in the Punjab, Economic Minister in the Pakistan Embassy Washington, DC, USA
• Bart Kaster Directorwith the AkzoNobel Group since 1980, senior positions in R&D, Marketing and Business Management
• Peter Tomlinson Director General Management Operations/R&D, SBU Director EMEA Marine & Protective Coatings (UK)
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• Michiel Franse Directorstarted to work for AkzoNobel 2002, 2.5 years with MCA. He has been working as the Finance Director Middle East
• Muhammad Zia ur Rehman Directordistinguished career in Public Service, covering District, Provincial and Federal Government assignments, Deputy Commissioner Vehari and Multan
• Jehanzeb Khan Chief Executive commercial experience in the pharmaceuticals, agrochemicals, polyester fibers, specialty chemicals, and paints industries,
• Harris Mahmood Executive Director Chief Financial Officer work with Akzo Nobel Pakistan Limited for around 10 years
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Business
Type of industry it falls in to the category of manufacturing industry
Form of business joint stoke company
Registration properly started in June 1, 2012 Company Registration No. Sind 1014 of 1952–1953 Registered office Akzo Nobel Pakistan Limited 346 Ferozpur Road, Lahore.
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National Tax Number (NTN) 0710672-6
Types of Goods
industrial goods • Fuel Oil
• Paint Additives• Water Treatment Additives• Chlorinated Solids• Iron Coatings
consumer goods
• Antibiotics• Vaccines• livestock feed for animal• paint,
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Shareholder & share info
Price of shareICI Omicron B.V. holds 35,209,665 ordinary shares of Rs. 10/-
Number of shareholder Total Outstanding Shares 46,443,320Shares Held by Directors/Sponsors 70
AT 31 DECEMBER 2015 comprises 10814 numbers of shareholders
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Sale & profit
ProfitProfit for the year 539,311000RsTotal comprehensive income for the year 518,768000Rs
Sales Sales - net 4,927,235000RsCost of sales 2,909,340000Rs
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FutureAkzoNobel is a leading global paints and Coatings Company and a major producer of specialty chemicals. Calling on centuries of expertise, they supply industries and consumers worldwide with innovative products and sustainable technologies designed to meet the growing demands of our fast-changing planet. Headquartered in Amsterdam, the Netherlands, they have approximately 48,000 people in around 80 countries, while their portfolio includes well-known brands such as Dulux, Sikkens, International and Eka.
MissionTo be a growing, sustainable One AkzoNobel operation that exceeds customer expectations by leveraging our strong heritage, global knowledge base and world class talent
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Conclusion Akzonobel have a vision to become a Talent Factory, recognized for development opportunities for our people and strong leadership practices. They recognize that improved management capability is the key enabler of a high performance culture, a better environment for employees and ultimately our business success.
WE BELIEVE IN A MORE COLORFUL WORLD FULL OF
ENERGY AND INSPIRATION…….
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References
https://www.akzonobel.com/pk/investor_relations/anpl_annual_reports/
https://en.wikipedia.org/wiki/ICI_Pakistan
https://www.akzonobel.com/pk/investor_relations/financial_statement/
https://www.akzonobel.com/pk/aboutus/board_of_directors
https://www.akzonobel.com/pk/aboutus/ici_pakistan/
https://www.akzonobel.com/sustainability/managing_sustainability/
http://investorguide360.com/latest-economic-news/akzo-nobel-pakistan-limited-cash-is-king-taurus-research/
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