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Yes we can
Project




Submitted To:
Prof. M Yousaf Samdani
Group members
  M Sajid Bashir      Mi10MBA036
  Hafiz Rafiq Jamal   Mi10MBA006
  Qaisar Naved        Mi10MBA007
  Shahzad Anwar       Mi10MBA040
  M Rizwan Akbar      Mi10MBA075
Introduction

Ittehad Chemicals Limited (ICL) is
the pioneer and one of the largest
manufacturers of industrial
chemicals in Pakistan.
It was established in 1962 under the
name of United Chemicals by a
private entrepreneur
It spread over an area of 106 acres
Products

   Caustic Soda
   Liquid Chlorine
   Hydrochloric Acid
   Sodium Hypochlorite
   Bleaching Earth (Shaffaf)
   Chlorinated Paraffin
   Sulphuric Acid 80%
   Zinc Sulphate
Insured Items of Industry

DSA Plant
Pipelines
Pumps
Vehicles                         Insured
Used by staff
For shifting material
Buildings
Offices
Store rooms    etc.
Insurer of the Industry

EFU General Insurance Ltd
providing Property,
Marine/Aviation,
Motor and other Miscellaneous products
cover
Insurance Premium
                    Insurance Premium(in millions)
                          9.7                                9.8
10                                         9.2        8.9
9
                                   8
8
               7
7

6

5
      3.9
4

3

2

1

0
     2005    2006       2007     2008    2009        2010   2011
Insurance Claims
           1.93                         Millions
2
2
2
1
1
1     1
1                                      0.71

1                        0.43
0
                  0.21
0                               0.12

0
    2005   2006   2007   2008   2009   2010
Benefits Due to Insurance

Secure assets
Financial compensation in case of loss
Reduction of the chances of loss
Promotion of international trade
Risk free products distribution
Source of credit
Confidence to purchase expensive plants
Growth of business competition…..etc
Uses of IT in Industry

Research and development
Placing online orders
Automated production system
Automated Reactions through IT equipments
CAD system
Marketing
Document handling and data storage
Uses of Inventory management software's etc.
IT in chemical Industry
Impacts of IT & Insurance
              Average Production(in thousand tons)

100                                           93
 90
 80
 70
 60               50       47        48                45
 50     43
 40
 30
 20
 10
  0
      2006      2007     2008      2009     2010     2011
Recommendations

Research and development should be increased
Installation of new robotic technology
Old machinery should be replaced
More employee’s training centre
Marketing by using IT techniques
Uses of alternative energy resources
Establish risk management department…etc
Conclusion


ICL is performing well by
understanding the Innovative change
in market.




                                      Yes we can
Yes we can
Yes we can

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Icl according to insurance

  • 3. Group members M Sajid Bashir Mi10MBA036 Hafiz Rafiq Jamal Mi10MBA006 Qaisar Naved Mi10MBA007 Shahzad Anwar Mi10MBA040 M Rizwan Akbar Mi10MBA075
  • 4.
  • 5. Introduction Ittehad Chemicals Limited (ICL) is the pioneer and one of the largest manufacturers of industrial chemicals in Pakistan. It was established in 1962 under the name of United Chemicals by a private entrepreneur It spread over an area of 106 acres
  • 6. Products  Caustic Soda  Liquid Chlorine  Hydrochloric Acid  Sodium Hypochlorite  Bleaching Earth (Shaffaf)  Chlorinated Paraffin  Sulphuric Acid 80%  Zinc Sulphate
  • 7. Insured Items of Industry DSA Plant Pipelines Pumps Vehicles Insured Used by staff For shifting material Buildings Offices Store rooms etc.
  • 8. Insurer of the Industry EFU General Insurance Ltd providing Property, Marine/Aviation, Motor and other Miscellaneous products cover
  • 9. Insurance Premium Insurance Premium(in millions) 9.7 9.8 10 9.2 8.9 9 8 8 7 7 6 5 3.9 4 3 2 1 0 2005 2006 2007 2008 2009 2010 2011
  • 10. Insurance Claims 1.93 Millions 2 2 2 1 1 1 1 1 0.71 1 0.43 0 0.21 0 0.12 0 2005 2006 2007 2008 2009 2010
  • 11. Benefits Due to Insurance Secure assets Financial compensation in case of loss Reduction of the chances of loss Promotion of international trade Risk free products distribution Source of credit Confidence to purchase expensive plants Growth of business competition…..etc
  • 12. Uses of IT in Industry Research and development Placing online orders Automated production system Automated Reactions through IT equipments CAD system Marketing Document handling and data storage Uses of Inventory management software's etc.
  • 13. IT in chemical Industry
  • 14. Impacts of IT & Insurance Average Production(in thousand tons) 100 93 90 80 70 60 50 47 48 45 50 43 40 30 20 10 0 2006 2007 2008 2009 2010 2011
  • 15. Recommendations Research and development should be increased Installation of new robotic technology Old machinery should be replaced More employee’s training centre Marketing by using IT techniques Uses of alternative energy resources Establish risk management department…etc
  • 16. Conclusion ICL is performing well by understanding the Innovative change in market. Yes we can