Despite facing challenges, Descon Chemicals hopes that the company will overcome these with the support of the Descon group, which has helped turn around the company in difficult times.
Descon Chemicals Chief Executive Officer Taimur Saeed, while speaking to investors and analysts at a corporate briefing at the Lahore Stock Exchange (LSE) on Monday, said another group company Descon Oxychem “is operating at 101% capacity” after starting commercial production just three years ago in December 2008.
The company manufactures and markets hydrogen peroxide to cater to demand in local and international markets. With a European plant and modern technology, the company has a capacity to produce 30,000 tons of hydrogen peroxide per year.
Published in The Express Tribune, January 31st, 2012
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