Siddiqsons Tin Plate : Corporate Briefing Session - 2022
November 29, 2022 at 12:31 pm IST
Share
Company Overview
Siddiqsons Tin Plate Limited is the first and only Tin Plate producer in Pakistan.
The Company was established in 1996, in collaboration with SOLLAC of France and Mitsubishi Corporation.
The manufacturing facility is located at special industrial zone, Windhar, Baluchistan
The project has a capacity to produce 120,000 tons per annum of Tin Plate, which is primarily used for making cans and containers for packaging of cooking oil, fruits, foods, vegetables, sea foods, beverages, paints, lubricant oil and other edible products
Key customers of the Company include Dalda Foods, Punjab Oil Mills, Latif Ghee Mills, IFFCO, Shujaabad Agro, Meezan Oil, Associated Industries, Rehan Can
Corporate Information
Board of Directors
Pattern of Shareholding
- Mr. Tariq Rafi
Chairman
- Mr. Tariq Rafi
24.74%
- Mr. Naeem ul Hasnian Mirza
CEO
- M/s. Siddiqsons Limited
15.20%
- Mr. Ibrahim Shamsi
Non-Exe. director
- Other directors, sponsors, CEO
- Ms. Alia Sajjad
Non-Exe. director
& their Spouse and management
19.76%
- Mr. Ashraf Mehmood Wathra
Ind. director
- General public & others
40.30%
- Mr. Abdul Wahab
Ind. director
- Mr.Munir Qureshi
Exec. director
Entity Rating
Entity Rating:
Long-Term:A-
Short-Term:A2
Outlook Stable
The ratings reflect Siddiqsons Tin Plate's established foothold in the tin plate industry as the first and sole local manufacturer of tin plate in Pakistan. Siddiqsons has a market share of ~31% in the local market. The demand for the Company's products has shown growth in the recent past due to increased hygiene consciousness of the public at large and higher use of processed food.
Product Overview
Key Products & Major Clients
Corporate Social Responsibility (CSR)
Siddiqsons Group is involved in below listed CSR activities to the Local communities at Hub & Windher:
Education
• Provisioning of Clean Water
Health
Games & Sports
Creation of Job Opportunities
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Siddiqsons Tin Plate Ltd. published this content on 29 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2022 07:00:03 UTC.
Siddiqsons Tin Plate Limited is a Pakistan-based company that is engaged in the manufacturing and sale of tin plates, cans and others steel. The Company has a capacity to produce approximately 120,000 tons per annum of tin plate. Its factory is located at special industrial zone, Windhur Baluchistan, approximately 95 kilometers from Karachi. The canning plant is located at Malir, Karachi in the province of Sindh. The Company's products include tin plate products and canning products. Its tin plate products include tin plate coil and tin plate sheets. Its tin plate products have applications in food cans, edible oil and ghee cans, beverages cans, paints and chemical product cans, crown caps for beverages, decorative cans, lubricant tins, aerosol cans, grease and polish containers, and fuel and air filters. The Company's canning products include canning product line, edible, oil lubricants, packed food cans and paints. It produces processed food cans with various can heights and sizes.
SIDDIQSONS TIN PLATE LIMITED 
