Karachi, April 01, 2022: Archroma Pakistan Limited (PSX: ARPL), is among the Top 5 companies in the Top 25 Companies Awards for the Year 2020 of the Pakistan Stock Exchange. This is the 19th time that Archroma has been awarded with Top 25 Companies Award, which is a recognition of its exemplary performance of sustainable excellence in terms of business development, profitable growth, and financial governance, enhancing shareholders’ value’ and supporting UN Sustainability Development Goals (SDGs).
Archroma Pakistan has shown consistent business growth in the financial Year 2021 also and achieved a Gross turnover of PKR 23.56 Billion versus PKR 17.89 Billion in the financial Year 2020 with further improvement in bottom-line profitability in comparison to the previous financial year.
Commenting on this achievement Mujtaba Rahim, President & CEO, Archroma Pakistan Limited stated “This significant award is a testament to the efforts made by the team and the contribution Archroma makes to the Pakistan economy. These past two years have been a great challenge for the entire world and to pass through these challenging times with flying colors and get acknowledged for it, is truly a great honor for all of us. I take this opportunity to also congratulate all other organizations who have made it to this prestigious list and wish them great success ahead.”
Archroma was formed in September 2013 from the Textile, Paper, and Emulsions businesses of Clariant. Clariant itself was formed in 1995 as a spin-off from Sandoz, a chemical company. Through this direct lineage, Archroma has amassed knowledge and experience of chemistry and industry spanning more than 135 years. Archroma (Sandoz) started its operations in Pakistan in 1947 and currently holds the #1 position in Archroma world globally with a presence in 35 Countries.
Archroma is a global, diversified provider of specialty chemicals serving the branded and performance textiles, packaging and paper, and coatings, adhesives, and sealants markets. Headquartered in Muttenz, Switzerland, Archroma operates in over 100 countries, with 3,000 employees located in 35 countries and 26 production sites. Archroma is passionate about delivering leading and innovative solutions, enhancing people’s lives, and respecting the planet. The company is committed to the principles of “The Archroma Way to a Sustainable World: Safe, Efficient, Enhanced. It’s our nature!”; an approach reflected in its innovations, world-class quality standards, high service levels, and cost-efficiency.