Sidra Shahid 03,Dec 2011 |
This paper is developed to meet the Operational management course requirement at Lahore School of Economics BBA IV. |
Introduction
ICI paints is working for two hundred and thirty years as a leading paint manufacturer company worldwide. It has 120,000 employees in 166 countries that are dispersed in five basic regions namely BRICKA, EMIYA, and areas that come under Pakistan and United States. Its head quarter is located in Amsterdam. It manufactures 16 million different types of colors. It had started its operations in Pakistan in 1952. ICI has a predecessor company known as Khwera Soda Ash Company that had started its operations in 1944 in Pakistan.ICI Paints has annual sales of $7.2 billion annually and it incurs $4.2 billion of cost annually. It has 80 local brands.ICI is one of the largest companies that has quotations on Karachi Stock exchange as well as Lahore & Islamabad Stock exchange. It has a paid up share capital of $1.39 billion. It’s one of the largest producers of paints in Pakistan. ICI Paints is an award winning company, it got Pakistan SHE Leadership award in 1999 for its efficient work in Safety, Health and Environment. It has five businesses namely Paints, Soda Ash, Polyester, Chemicals and Life Sciences.
Paint Categories of ICI
It produces paints in following categories: * Paints for houses (Decorative Paints) * Paints for cars (Refinish Paints) * Paints for O&M (Original Equipment Paints) * Paints for Packaging & Quoting (Mobile Paints etc)
ICI manufactures two types of Paints on the basis of functionality; * Interiors that include soft pigments * Exteriors that are robust
In Paints for houses or Decorative Paints there are two types * Water Base Paints (Emulsions) * Oil Base Paints( Enamels)
Production process
ICI paints for its production use over the time acquired