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DIC Pakistan Ltd

DIC Pakistan Ltd

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Who We Are

1994

1994
In July 1994, Coates Lorilleux formed a joint venture with Packages Limited and commenced production of liquid and offset inks in Pakistan under the name of Coates Lorilleux Pakistan Limited. DIC Corporation of Japan later acquired Coates Lorilleux and thereby DIC Pakistan Limited came into being.

1996

1996
DIC Pakistan started manufacturing various types of inks including offset, liquid inks (rotogravure and flexo) and water-based inks. The average production ranged from 200-300 tonnes per month.

1998

1998
DIC Pakistan entered the tobacco market by developing LMR/LKR inks used in cigarette packaging.

2000

2000
DIC Pakistan started manufacturing vinyl based (VC) inks for gravure printing.

2006

2006
In 2006, the DIC Karachi factory was developed to expand operations and cater to the needs of customers in the South Region of Pakistan.

2007

2007
In 2007, newer ink technologies were introduced including GSTAR and TPQ to meet various customer requirements.

2009

2009

In 2009, SAP ERP was integrated at DIC Pakistan to have a centralised system that enables accessing and sharing up-to-date data enabling an efficient working environment.

DIC Pakistan further expanded into the tobacco market by importing LMQ inks used on offset for specific customer needs.

2010 to 2012

2010
In 2010-2011, SUNEX ink series; a toluene free ink series was developed alongside WOVEN ink series to cater to the evolving demands of the packaging and printing sector.
2012 onwards DIC Pakistan entered the export markets by providing SUNEX ink series to different countries including Bangladesh & Bahrain.

2016

2016
In 2016, DIC Pakistan reached a milestone of selling 10,000 tonnes of inks in a year. DIC Pakistan also started importing and selling solvent-based adhesives from DIC Asia Pacific thereby entering a new product segment.

2020

2020
In 2020, DIC Pakistan developed non-ketone-based ink for rotogravure known as NK series.

2022

2022
In 2022, DIC Pakistan started manufacturing UV OPV coating alongside water based OPV which is used for various packaging applications.

2023

Groundbreaking of a state-of-the-art new factory in Kasur

2023
Syed Babar Ali, the founder of Packages Group did the groundbreaking of the new DIC Factory in Kasur.
Groundbreaking by SBA DIC Kasur
2023 (Groundbreaking 2nd image)

2023 to Present

2023
In 2023, DIC Pakistan introduced digital inks for the textile sector. As part of drive for sustainable operations, DIC Pakistan introduced solvent free adhesives in the packaging market.
2023- Digital Inks (3)
2023- Digital Inks
Digital ink Launch- 2023
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Mr. Lee Ji Xiang Jason

(Non-Executive Director)
Mr. Jason is a Regional Internal Audit Director of DIC Asia Pacific Pte Ltd (“DICAP”), with overall responsibility for the governance, internal controls and audit of DIC Companies in the Asia Pacific Region. His 15-year career started off in PriceWaterHouse Coopers LLP Singapore as an external Auditor and joined DIC Asia Pacific Pte Ltd in May 2016 as a Regional Internal Audit Manager before progressing to his current role in January 2021.. Mr. Jason brings with him a wealth of more than fifteen years experience in the field of all Income Tax, financial, operational and compliance audits, and facilitates risk management and mitigation processes. He is also a Director of DIC India Limited. Mr. Jason has a Bachelor’s in Accountancy (Hons) from Nanyang Technological University and is a qualified Chartered Accountant registered with Institute of Singapore Chartered Accountants.

Ms. Anam Yousaf

HR Business Partner

Anam Yousaf is the HR Business Partner of DIC Pakistan. She has diversified experience of more than 8 years in Human Resource Management, Internal Auditing and Finance. She holds ACCA certification along with a bachelor’s degree in accounting and Finance. She also has a certification in Human Resources Management.

Mr. Muhammad Salman Bari

Supply Chain Manager

Mr. Salman Bari is the Supply Chain Manager at DIC Pakistan Ltd., and Category Lead in Solvents Procurement for Packages Group. He holds BS Chemical Engineering from University of Engineering and Technology, Lahore. He acts as a key representative in DIC Asia Pacific Supply Chain Regional Team and has a dynamic experience in multiple Supply Chain functions including Procurement, Inventory Management, Demand Planning, Supply Risk Mitigation, Warehouse Management & Logistics.

Mr. Muhammad Adeel

Operations Manager
Muhammad Adeel comes with 12 years of diversified manufacturing management experience that includes production management, plant maintenance management, plant & machine budgeting, installation, and new infrastructure design projects. He holds BS Chemical Engineering from University of Engineering and Technology, Lahore. He is overseeing the development of a new manufacturing facility for the Company.

Muzammil Khan

Technical Manager

Muzammil Khan  has a Masters in Chemistry and a vast experience of more than 27 years in the printing ink industry. While working at DIC Pakistan, he has received extensive technical trainings by international DIC/Sun Chemical Group Companies in Europe and Asia. He is responsible for overall design and development of all kinds of printing inks.

Mr. M Shiraz Khan

National Sales Manager

Mr. Muhammad Shiraz Khan is the National Sales Manager of DIC Pakistan Limited. He holds an MBA from Karachi Institute of Economics and Technology and joined the organization in 2011 as Management Trainee. He has diverse experience in Sales and marketing of more than 12 year working in both South and North regions of the Company.

Ms. Mehreen Zafar

Chief Financial Officer

Ms. Mehreen Zafar is the Chief Financial Officer and Company Secretary of DIC Pakistan Limited. She is a Fellow Member of the Institute of Chartered Accountants of Pakistan with over 10 years of post-qualification experience in varying lines of services including financial management, budgeting, strategic business planning, corporate compliance, and risk management operations.

Mr. Syed Muhammad Ismail Hussain Naqvi

(MD & CEO Executive Director)

Mr. Ismail joined DIC as Chief Operating Officer in June 2019 and took over as CEO from January 1, 2021. He has previously worked as Business Manager for AkzoNobel Pakistan Limited. He has also been Country Manager for Buhler Holding AG and has served as Senior Manager Business Development at Descon Engineering Limited. Ismail holds an MBA degree from Santa Clara University, California USA as well as Master’s in Mechanical Engineering from the University of Michigan, Ann Arbor. He has also worked at Applied Materials in USA for 10 years in various technical and managerial positions before moving to Pakistan in 2008.

HASSAN & HASSAN

(Advocates)

Address

PAAF BUILDING
7D, KASHMIR EGERTON ROAD LAHORE.
AKHTAR ALI ASSOCIATES
2ND FLOOR, TUFAIL CHAMBERS
39-JUSTICE MOHAMMAD AKRAM ROAD
LAHORE.

M/S. A.F. FERGUSONS & CO

(CHARTERED ACCOUNTANTS)

Address

23-C, AZIZ AVENUE
CANAL BANK, GULBERG V
LAHORE

Mr. Hayato Kashiwagi

(Non- Executive Director)

Mr. Kashiwagi is Regional Business Product Director of DIC Asia Pacific Pte Ltd (“DICAP”), with overall responsibility for product growth across all operating entities of the Packaging and Graphic Division in the DICAP region. His 25-year career at DIC Corporation, the parent company of DICAP, covered multiple areas in sales and marketing, corporate management and international business. He brings with him a wealth of experience of working with Group companies in Japan, Asia Pacific and China region on various projects. He is also a Director of DIC Malaysia SdnBhd, PT DIC Graphics, DIC Philippines Inc, DIC Vietnam Co. Ltd, DIC Bangladesh Private Limited, DIC Australia Pty Ltd, DIC India Ltd., and DIC Lanka (Private) Limited. Mr.Kashiwagi has a Bachelor of Commerce from Doshisha University.

Mr. Paul Koek

( Executive Director)

Mr. Paul Koek is the Regional Finance Director of DIC Asia Pacific Pte. Ltd. in Singapore, a subsidiary of DIC Corporation Japan. Mr. Paul Koek is responsible for financial activities of entities in South East Asia, Oceania and South Asia Region Mr. Paul Koek has more than 21 years of work experience in the field of regional tax, group accounting and treasury management. He has been a Non Executive Director of DIC Pakistan Ltd. since 13 June, 2000. He holds a Certified Public Accountant qualification and is registered with the Institute of Certified Public Accountants of Singapore. He is a Fellow Member (FCCA) with the Chartered Association of Certified Accountants and a Senior Member with the Association of Accounting Technicians.

Mr. Khurram Raza Bakhtayari

(Non- Executive Director)

Mr. Khurram Raza Bakhtayari joined Packages Limited in 2005. He currently holds the position of Chief Financial Officer of Packages Limited. He is a Fellow member of Institute of Chartered Accountant of Pakistan and has vast experience in financial planning and budgeting, financial forecasting and analysis, asset investment and taxation. He also holds directorship in Bulleh Shah Packaging (Pvt ) Ltd., Packages Lanka (Pvt) Ltd., IGI Investment Bank Ltd., IGI Life Insurance Co. Ltd., Maxim International (Pvt) Ltd., MeatTech (Pvt) Ltd., Multiple Autoparts Industries (Pvt) Ltd., Specialized Autoparts Industries (Pvt) Ltd., Specialized Motorcycles (Pvt) Ltd., Treet Corporation Ltd. and Tri-Pack Films Ltd.

Syed Aslam Mehdi

(Non- Executive Director)

Syed Aslam Mehdi joined Packages Limited in 1980. He was General Manager of Packages Limited and Managing Director & Chief Executive Officer of DIC Pakistan Limited. Currently, he is in the Packages Limited. He has a Master degree in Business Administration from Institute of Business Administration, Karachi and has served Packages Group Companies in various capacities over the years. Currently he also holds directorship of Packages Limited, Bulleh Shah Packaging (Pvt) Ltd., Packages Lanka (Pvt) Ltd. and Printcare PLC, Sri Lanka.

Mr. Syed Muhammad Ismail Hussain Naqvi

(MD & CEO Executive Director)

Mr. Ismail joined DIC as Chief Operating Officer in June 2019 and took over as CEO from January 1, 2021. He has previously worked as Business Manager for AkzoNobel Pakistan Limited. He has also been Country Manager for Buhler Holding AG and has served as Senior Manager Business Development at Descon Engineering Limited. Ismail holds an MBA degree from Santa Clara University, California USA as well as Master’s in Mechanical Engineering from the University of Michigan, Ann Arbor. He has also worked at Applied Materials in USA for 10 years in various technical and managerial positions before moving to Pakistan in 2008.

Syeda Henna Babar Ali

(Chairperson Non- Executive Director)

Syeda Henna Babar Ali, Chairperson of the Board brings a wealth of experience and expertise to DIC. She joined Packages Limited in 1990 as Product Manager, became Brand Manager, and Group Brand Manager and then Advisor Business Unit Consumer Products, a designation she still actively holds. She was schooled at the Convent of Jesus and Mary and Cathedral School Lahore. After completing her Senior Cambridge and Higher Senior Cambridge, she was admitted to Kinnaird College as a private student from where she completed her BA in 3 months and proceeded to the US, to study Literature at the University of Michigan, Ann Arbor for her BA (1976) and MA (1981).

After returning to Pakistan, she experimented with a publishing house, Indus Publications (Pvt) Limited 1982, worked at The Nation with Arif Nizami and finally joined Packages in 1990.

While at Packages Limited, she has received extensive professional training by taking the American Management Association Certifications, LUMS courses in Advertising Management, New Product Development, Women in Management, Stanford University Executive Development Course in Marketing Management, Strategy Development and Family Business management from IMD. Her most recent certifications include Cornell University’s Leadership Certificate, Marketing Strategy Certificate. She is also a Jack Canfield Certified Coach in Law of Attractions and Success Principles which she teaches to the Packages Group Management and trains the trainer.

She is also an Advisor of the Packages Group Advisory Committee.