Dewan Salman Fibre Limited (Pakistan)

Dewan Salman Fibre Ltd., (DSFL) is a joint venture among Dewan Mushtaq Group, Mitsubishi Corporation of Japan and Samyang Corporation of Korea. It is Pakistan's largest manufacturer of polyester staple Fibre. Although the aggregate installed capacity of merged DSFL is 199,500 tons per annum (tpa) i.e. 570 tons per Day (tpd), the company has achieved and maintained the production level of 700 tpd since February 2001 as a result of technological know-how gained over a decade long experience in polyester manufacturing. During the period July 2000 to January 2001 the plant was operating at an average capacity of 570 tpd. DSFL has also ventured into Acrylic Fibre and Acrylic tow manufacturing. DSFL Acrylic Fibre and Tow division, having capacity of 25,000 tons per annum has commenced commercial operations in July 2000.
DSFL was incorporated as a public limited company in Pakistan in October 1989 under the name "Salmanese Fibre Limited". A joint venture agreement among Dewan Textile Mills Limited, Dewan Khalid Textile Mills Limited, Dewan Mushtaq Textile Mills Limited and a member of Dewan family, Mitsubishi and Samyang, was signed in February 1990, and the company's name was changed to Dewan Salman Fibre Limited. The company shares were listed on the stock exchanges of Karachi and Lahore in April 1991 and on the Islamabad Stock Exchange in 1993.