Company History

Founded by Mr. Amir S. Chinoy, International Industries Limited (IIL) was incorporated in Pakistan in 1948 as Sir Sultan Chinoy & Co. Ltd. - a trading company which primarily dealt with electronic instruments. In 1953, Mr. Amir S. Chinoy sponsored the establishment of Pakistan Cables Limited (PCL) for which IIL acted as a distributor and agent.

It wasn’t till 1966 that IIL started producing cold rolled tube for electrical conduit and steel furniture. Mr. Towfiq H. Chinoy took over the company as Managing Director in 1977 and fairly quickly started diversifying the product range by manufacturing galvanized iron (G.I) pipe in 1982. In 1984, IIL was listed on the Karachi Stock Exchange and such was the reputation of the company that when shares were offered to the public, the offer was over-subscribed 67 times.

During the years that followed, the Company lived up to its reputation and continued to grow quite rapidly. In 1989, IIL set up Pakistan’s first private sector cold rolling mill and started diversifying its steel pipe size and thickness production to fulfill the demands of Pakistan’s booming industry and economy. IIL pipe exports, which began in 1996, have now grown to cover 60 countries across all 6 continents.

In 2006, IIL recognized a gap in the market and entered the plastic pipe domain by setting up extrusion plants for high and medium density polyethylene pipes and has now extended its range up to 1600 mm diameter HDPE pipe and lately to include PPRC pipes and fittings. The Company has continued to pursue new markets and incorporated a wholly owned subsidiary in Australia in 2014. This was followed by the establishment of stainless steel pipe manufacturing facilities in 2015 and the setting up of a 12” diameter tube mill to produce API line pipes and hollow structural sections (HSS) in 2016. IIL is the undisputed market leader in all segments of pipes and achieved record sales in 2017-18 of Rs.25 billion and 273,000 tons.

International Steel Limited (ISL) was incorporated in 2007 with the vision to be the foremost manufacturer of flat steel products in Pakistan. At the time ISL was the largest private investor in the value-added flat-rolled and coated steel industry in the country. The $165 million investment, with equity contributions from IIL, Sumitomo Corporation, JFE-Japan and the International Finance Corporation (A division of the World Bank) bought added impetus and confidence in the engineering and hi-tech manufacturing segment in country. IIL owns 56.335% of the share capital of ISL.

ISL continues to grow and diversify its business. Initially, ISL was capable of producing 180,000 MT hot dipped galvanized coil (HDGC), and 250,000 cold rolled coil (CRC). In 2015 ISL set up a line to produce 84,000 tons per annum of color coated galvanized coils (PPGI).

ISL added a second galvanizing line in 2016 and enhanced its galvanizing HDGC capacity to 462,000 MT. A second stand on the rolling mill was added in 2016 upgrading ISL’s CRC capacity to 550,000 MT. In June 2018, ISL completed additional expansion to enhance its production capacity to 1 million tons.

Inspired by its past, the Group remains committed to growing its businesses in an ethical and sustainable manner.