About

/About
About 2024-02-16T12:14:41+00:00

About


SPEL,  a prominent manufacturer in Pakistan, specializes in the production of high-tech engineering plastics and packaging items. With over forty-five years of industry experience, SPEL has consistently delivered top-notch products and exceptional services. As a key member of the SPEL Group, the company offers a comprehensive range of engineering plastic products and molds, providing customers with a seamless shopping experience. Boasting a discerning clientele in both domestic and international markets, SPEL maintains its reputation for quality and reliability.

Serving as the parent company of the SPEL Group, Synthetic Products Enterprises Limited (SPEL) offers comprehensive solutions that encompass design, production, and adherence to stringent quality and environmental standards. With a focus on delivering aesthetically pleasing and precise products, SPEL’s extensive capabilities span various stages including designing, mold and die making, injection molding, thermoforming, blow molding, extrusion, printing, labeling, and shrink sleeved bottles, among others. Committed to continuous improvement, SPEL has implemented various quality enhancement systems such as Quality Control Circles, Total Quality Management, 5S, Kaizen, and the Toyota Production System. Emphasizing quality as a core value, SPEL strives to maintain a culture where excellence is ingrained in every aspect of its operations, aiming to produce world-class products consistently.

Overview


SPEL is one of the leading manufacturers of technology intensive engineering of plastic products in Pakistan. The company has been in business since 1978 and has a large client base, both in domestic and international markets. It has grown rapidly over the years. Average growth rate in the last 10 years has been around 20% per annum.

With its three plants, one in Kotlakhpat two in Pandoki, Lahore, it is organized in the following product lines:

SPEL is a supplier for assemblers and manufacturers of cars, tractors, motor cycles, electronic equipment and road construction equipment, to name a few. The company also provides plastic packaging for food, hair care, and skin care products.

SPEL’s products are known for quality and reliability. The company has the knowledge and capability of effectively engineering plastics which enables it to manufacture products according to the special requirements and standards of its customers.

Name:  Synthetic Products Enterprises Limited.

Established: 1978

Incorporation: 1982

Address: 127-S, Q.I.E, Township, Kotlakhpat, Lahore-Pakistan.

Plants:Kot Lakhpat plant (Specializes in Tools, Molds and Dies manufacturing), it has been shifting to Pandoki plant 4
Kot Lakhpat plant (Specializes in Injection Molding)
Pandoki Plant -1 (Specializes in Injection Blow Molding of PC Bottles and Screen Printing)
Pandoki plant – 2 (Specializes in Extrusion, Thermoforming, Vacuum Forming, Printing)
Pandoki plant – 3 (Specializes in Injection Molding, PU Molding, Sheet Metal Fabrication, Assembly and Stickering)
Karachi plant-1: (Specializes in Injection Molding, Assembly of automotive parts)
Karachi plant-2: (Specializes in Blow Molding of PC Bottles and Screen printing)
RYK Plant – (Specializes in Blow Molding, Extrusion Blow Molding, Labeling, Shrink Sleeving)

Factory Area: Land (12.5 Hectors) / Covered Area (94,800 SQFT).

Number of Employees: 570

Contact Us: 

Tel: (+92 – 42) 111 – 005 – 005, 3511-5506, 3511-5507
Fax: +92-42-3511-8507

Website: https://spelgroup.com

E-mail:  synthetic@spelgoup.com

Certification: 
• ISO 9001: 2015
• ISO 14001: 2015
• ISO 45001: 2018
• FSSC 22000
• HALAL FOOD

Our Core Values

Status: Public Listed Entity

CUIN: 0009432

NTN: 0688349-4

Board of Directors

Mr. Almas Hyder – Chairman/Non-Executive Director
Mr. Zia Hyder Naqi – Chief Executive Officer/ Executive Director
Mr. Haroon Sharif – Independent Non-Executive Director
Mr. Khawar Anwar Khawaja – Independent Non-Executive Director
Dr. Syed Sohail Hussain Naqvi  – Independent Non-Executive Director

Mr. Raza Haider Naqi – Non-Executive Director

Dr. Nighat Arshad – Non-Executive Director
Mr. Sheikh Naseer Hyder – Non-Executive Director
Mr. Abid Saleem Khan – Chief Operating Officer/ Executive Director

CFO & Company Secretary: Mr. Khalil Ahmad Hashmi, FCA

Audit Committee: 

Mr. Haroon Sharif – Chairman
Mr. Almas Hyder – Member
Mr. Khawar Anwar Khawaja – Member
Mr. Raza Haider Naqi – Member

Human Resource & Remuneration Committee:

Mr. Khawar Anwar Khawaja – Chairman
Mr. Almas Hyder – Member
Dr. S. Sohail H. Naqvi – Member
Mr. Zia Hyder Naqi – Member
Mr. Abid Saleem Khan – Member

Risk Management Committee:

Mr. Zia Hyder Naqi – Chairman
Mr. Haroon Sharif – Member
Dr. S. Sohail H. Naqvi – Member
Mr. Sheikh Naseer Hyder – Member

Finance Committee:

Mr. Almas Hyder – Chairman
Mr. Haroon Sharif – Member
Mr. Zia Hyder Naqi– Member
Mr. Syed Sohail Hussain Naqvi – Member
Mr. Sheikh Naseer Hyder – Member
Mr. Abid Saleem Khan – Member

Registered Office:

127-S Quaid-e-Azam Industrial Estate Township,
Kot Lakhpat, Lahore.

Ph: 042-111-005-005
Fax: 042-35118507

Factory:

4-km Off Ferozepur Road Raiwind Lilliani Link,
Road Pandoki Lahore

Plot # 41 Rahim Yar Khan Industrial Estate
KLP Road Rahim Yar Khan

12-A, Down Stream Industrial Unit,
Pakistan Steel, Karachi

Share Registrar:

THK Associates (Pvt) Ltd
Plot No. 32-C, Jami Commercial Street 2,

DHA, Phase VII, Karachi.

Statutory Auditor: KPMG Taseer Hadi and Co

Head of Internal Audit: Mr. Abu Bakar, ACA

Tax Consultant: PWC A.F. Ferguson

Legal Advisors:

Cornelius Lane and Mufti
Advocates & Solicitors

Bankers:

Habib Bank Limited
MCB Bank limited
Askari Commercial Bank Limited
United Bank Limited
Meezan Bank Limited
Bank Islami Pakistani Limited
Habib Metropolitan Bank Limited
Allied Bank Limited

Website: www.spelgroup.com

Stock Symbol: SPEL

Free Float Shares:39,947,203

Mr. Almas Hyder

Mr. Almas Hyder

Chairman

Mr. Almas Hyder is an Engineering graduate from University of Engineering & Technology, Lahore, a Certified Trainer of Entrepreneurship and has completed his OPM (Owner/President Management Program) from Harvard Business School. He is currently a member of the Institute of Engineers in Pakistan, Institute of Material in London.

Mr. Hyder serves in senior positions for many organizations. His current engagement(s) include:

  • Chairman, Engineering Development Board
  • Director, National Transmission & Dispatch Company
  • Director, SPEL Technology Support (Private) Limited
  • CEO, Entrepreneurship Development and Advisory Services (Private) Limited
  • CEO, AJ Power (Private) Limited
  • CEO, RT Power (Private) Limited
  • CEO, MST Power (Private) Limited

To his credit is also the writing of the ‘Engineering Vision 2012 of Pakistan’. He established TUSDEC (Technology Up-gradation and Skills Development Company), where he was the Founder Chairman, under the Ministry of Industries, Production and Special Initiatives.

Mr. Hyder was the first President of the Quaid-e-Azam Industrial Estate Board, set up Punjab Industrial Estate Development and Management Company of the Government of Punjab in an effort to manage and upgrade the infrastructure of Kot Lakhpat Industrial Estate in Lahore.

Through his hard work and effective leadership, Mr. Hyder has had a strong positive impact in both the plastic industry and entrepreneurship in Pakistan.

Mr. Zia Hyder Naqi

Mr. Zia Hyder Naqi

Chief Executive Officer

Mr. Zia Hyder Naqi completed his Mechanical Engineering from the University of Engineering & Technology in Lahore. He then went on to complete his MBA in Finance from the Institute of Management Sciences. He is a certified Project Management Professional, IT Expert, and has participated in numerous training programs in Japan, Germany and Canada. He has completed the Owner/President Management Program (OPM) from Harvard Business School, USA.

Mr. Zia Hyder Naqi had served as Senior Vice President of the Quaid-e-Azam Industrial Estate, Lahore and on the Executive Committee of Lahore Chamber of Commerce and Industries. He has been associated with Synthetic Products Enterprises Limited for 32 years.

His current engagement(s) include:

  • Director, SPEL Technology Support (Private) Limited
  • Director, AJ Power (Private) Limited
  • Director, RT Power (Private) Limited
  • Director, MST Power (Private) Limited
Mr. Haroon Sharif

Mr. Haroon Sharif

Independent Director

Mr. Haroon Sharif served as the Minister of State and Chairman of Pakistan’s Board of Investment in 2018-19. As a senior member of Prime Minister’s economic team, he actively contributed to major decisions taken by the Cabinet’s Economic Coordination Committee and the Cabinet Committee on Privatisation. He was Pakistan’s Lead Representative for Industrial Cooperation in the Joint Cooperation Committee (JCC) of China-Pakistan Economic Corridor (CPEC). He championed various reforms for improving Ease of Doing Business, Specialized Economic Zones and facilitating foreign direct investment from China, the Arabian Gulf and East Asia. Pakistan’s ranking on the Ease of Doing Business Index improved by 28 places under his leadership. He has been recognized among top 100 leaders in Pakistan in 2019. He is a member of several high-level task forces including Prime Minister’s Task Force on Economic Diplomacy. He is currently advising United Nations and governments in Asia.

Mr. Sharif worked for the UK’s Department for International Development (DFID) as the Head of Economic Growth Group. He worked as the Regional Advisor to the World Bank Group. He has been served as Executive Director of the Securities and Exchange Commission of Pakistan.

Mr. Haroon Sharif holds postgraduate qualifications in international business and development economics from the London School of Economics and Political Science and the University of Hawaii, USA.

Mr. Khawar Anwar Khawaja

Mr. Khawar Anwar Khawaja

Independent Director

Mr. Khawar Anwar Khawaja holds a bachelor’s degree in Mechanical Engineering. He is serving as the Chief Executive Officer of Grays of Cambridge (Pakistan) Limited. He has also been President of the Sialkot Chamber of Commerce and Industry.

Mr. Khawar has traveled widely in connection with his business and has gained immense technical and marketing experience. He has demonstrated his abilities in funds & investment management. Under his effective management and leadership, Grays of Cambridge (Pakistan) Limited has won the top 25 companies award on the Karachi Stock Exchange multiple times.

His current engagement(s) include:

  • Director, Sialkot International Airport Limited
  • Director, Port Services (Private) Limited
  • Director, Anwar Khawaja Industries (Private) Limited
Dr. Syed Sohail Hussain Naqvi

Dr. Syed Sohail Hussain Naqvi

Independent Director

Dr. S. Sohail H. Naqvi holds a doctorate degree in Electrical Engineering from Purdue University, USA. He have more than thirty years of visionary leadership in academia, industry and Government, achieving ambitious targets that have had a significant socio-economic impact on society. Proven highly successful record of establishing and leading institutions in Pakistan and Central Asia. Globally recognized by International Multilaterals and Pakistani public and private sector institutions for bringing about a paradigm change in the national system of higher education, spearheading significant and fundamental reform, implementing internationally benchmarked systems of quality, pioneering the development of an entrepreneurial ecosystem in universities and developing systems for alignment of university with industry. A thought leader and innovator who has extensive international teaching, research and entrepreneurial experience in the US, Pakistan and Central Asia. Awarded Order of the ‘Palmes Académiques’ with rank of Chevalier, by the French Government, and the Sitar-e-Imtiaz by the Government of Pakistan for his services to higher education.

He is currently serving as Founding Rector, University of Central Asia, Bishkek, Kyrgyz Republic.

Mr. Raza Haider Naqi

Mr. Raza Haider Naqi

Director

Mr. Raza Haider is a Chemical Engineer and has an MBA in Marketing. He began his career from manufacturing electronic security systems for both cars and homes. He has a tremendous amount of insight into sales and marketing. He is now into the Real Estate business in Canada.

Sheikh Naseer Hyder

Sheikh Naseer Hyder

Director

Mr. Naseer Hyder completed his undergraduate degree from Wilfrid Laurier University in Canada and completed his MBA from Cardiff University along with professional education and certifications from Georgia Institute of Technology, Harvard University and Massachusetts Institute of Technology.

During his tenure 2017-2019, he served SPEL as Director Supply Chain. His knowledge and skills coupled with his international exposure in the field of supply chain have greatly helped SPEL in improving its systems resulting in cost savings and better supply chain management.

He has also worked at senior positions in NYSE listed organizations in their American and Canadian operations.

Abid Saleem Khan

Abid Saleem Khan

Chief Operating Officer

Mr. Abid Saleem Khan has an MBA from the Institute of Management Sciences. He is a graduate of Management Development Program from Lahore University of Management Sciences (LUMS). He has attended many training programs within & outside Pakistan. He has been working with SPEL for 25 years and has a good understanding of the automobile and FMCG industry and the Japanese systems of management

Dr. Nighat Arshad

Dr. Nighat Arshad

Director

Dr. Nighat Arshad has been Vice Chairman, Executive Board of the Asia Pacific Region Committee of the (WAGGGS) World Association of Girl Guides and Girl Scouts. She has served on the Executive Board for 6 years (2004-2010) and has travelled widely while gaining invaluable experience in training and management of the Asia Pacific Region Girl Guiding.

In Pakistan, she has been the Deputy National Commissioner of Pakistan Girl Guides Association. She has won many awards nationally and internationally.

She has strong academic records at all levels of education. She is a health service provider par excellence, practicing and teaching Homeopathy for over two decades. She also holds an MBA degree in Marketing.


Business Focus


  • Business focus on one-stop-shopping for customers.
  • Uncompromising commitment to quality using the Toyota Production System which ensures the quality and reliability of SPEL’s products
  • On-time and uninterrupted deliveries: Customer’s assembly line has never stopped in the last 25 years due to any shipment from SPEL
  • Competitive pricing.
  • Excellent after sales service using the Continuous Improvement Systems (Kaizen)
  • Developing long term strategic relations with customers: SPEL has been working with some of them for over 25 years
  • Professional and committed management and workforce: SPEL constantly retrains and upgrades the skills of its employees
  • Alert response to customer’s demands.
  • Relationship with world class suppliers of machines and materials.

Unilever Pakistan Limited

Unilever Pakistan Limited

Best Quality Award 2019

From Unilever Pakistan Limited

Indus Motor Company Limited

Indus Motor Company Limited

  • TPS Implementation Award 1996, awarded by Indus Motor Company Limited, Manufacturer of
    Toyota and Daihatsu Cars
  • TPS Implementation Award 1997, awarded by Indus Motor Company, Manufacturer of Toyota
    and Daihatsu Cars
  •  Overall Performance Award 2004, awarded by Indus Motor Company, Manufacturer of Toyota
    and Daihatsu Cars
  • Overall Performance Award 2006, awarded by Indus Motor Company, Manufacturer of Toyota
    and Daihatsu Cars
  • Quality Award 2008, awarded by Indus Motor Company, Manufacturer of Toyota and Daihatsu
    Cars
  •  Timely Development Award 2009, awarded by Indus Motor Company, Manufacturer of Toyota
    and Daihatsu Cars
  •  On-time Delivery Award 2011 by Indus Motor Company, Manufacturer of Toyota and Daihatsu
    Cars
  •  On-Time Delivery Award 2013 By Indus Motor Company, Manufacturer of Toyota Cars
  •  Best Development Award 2014 By Indus Motor Company, Manufacturer of Toyota Cars
Honda Atlas Cars Pakistan Limited

Honda Atlas Cars Pakistan Limited

  • Development Performance Award, 2000, awarded by Honda Atlas Cars Pakistan Limited.
  •  Quality Efforts Award 2001, awarded by Honda Atlas Cars Pakistan Limited.
  •  Supply Performance Award 2007, awarded by Honda Atlas Cars Pakistan Limited.
  •  Best Performance in Parts Quality Award 2008, awarded by Honda Atlas Cars Pakistan Limited.
  •  Best Performance in Parts Delivery Award 2008, awarded by Honda Atlas Cars Pakistan Limited.
  •  Environment Excellence Award 2013 , awarded by Honda Atlas Cars Pakistan Limited.
  •  Best Development Award 2015, awarded by Honda Atlas Cars Pakistan Limited.
  •  Best Quality Award 2016, awarded by Honda Atlas Cars Pakistan Limited.
Pak Suzuki Motor Company Limited

Pak Suzuki Motor Company Limited

  • Outstanding Performance Award 1989, awarded by Pak Suzuki Motor Company Limited,
    Assemblers of Suzuki Vehicles
  •  Delivery Performance Award 1995, awarded by Pak Suzuki Motor Company Limited,
    Manufacturer of Suzuki Vehicles
  • Vendor Performance Award 1996, awarded by Pak Suzuki Motor Company Limited, Manufacturer
    of Suzuki Vehicles
  •  Vendor Performance award 2000-2001, awarded by Pak Suzuki Motor Company Limited,
    Manufacturer of Suzuki Vehicles
  • Special Mehran Revival Award, awarded by Pak Suzuki Motor Company Ltd. Manufacturer of
    Suzuki Vehicles
  •  Supply Award 2001-2002, awarded by Pak Suzuki Motor Company Ltd. Manufacturer of Suzuki
    Vehicles
  •  Timely Development Award 2003, awarded by Pak Suzuki Motor Company Ltd. Manufacturer of
    Suzuki Vehicles
  •  Overall Performance Award 2006, awarded by Pak Suzuki Motor Company Ltd. Manufacturer of
    Suzuki Vehicles
  •  Timely Development Award 2010, awarded by Pak Suzuki Motor Company
  • Quality Appreciation Award 2011 by Pak Suzuki Motor Company
  •  Appreciation Award 2015, by Pak Suzuki Motor Company
  •  Outstanding Quality Performance Award 2016, by Pak Suzuki Motor Company
Nestle Pakistan Limited

Nestle Pakistan Limited

  • Innovation Award 2015, Awarded by Nestle Pakistan Limited
  • Best Quality Award 2016, Nestle Pakistan Limited.
Millat Tractors Ltd

Millat Tractors Ltd

  • Best Vendor Award 1988, Awarded by Millat Tractors Limited, Assemblers of Massey
    Ferguson Tractors.
  •  Best Vendor Award 2013, Awarded by Millat Tractors Limited, Assemblers of Massey
    Ferguson Tractor.

Our Customers


We have been serving companies from various different sectors; from FMCGs, Beverage, Automotive to the Food Industry. Listed below are some of our esteemed customers.