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Byco Petroleum Pakistan Limited is celebrating its Silver Jubilee. Byco was founded on 9 January 1995, and has become Pakistan's largest oil refining company by installed capacity in the past quarter century. Byco has made untiring efforts to serve the nation and to achieve its mission of becoming Pakistan's premier Oil Company despite facing serious obstacles in its path.

Byco's CEO, Amir Abbasi, remarked on Byco's Silver Jubilee: "On 9 January 1995, my father, Parvez Abbasi, and I founded this company with the vision to make Pakistan self-sufficient in energy production. Abbasi was a farsighted leader who instilled in Byco a consuming desire to dream. His dreams and vision continue to guide Byco and help us grow.

Byco launched its first refinery in 2004, with a refining capacity of 18,000 barrels per day. In 2007 we launched our first retail outlets in Sukkur and Rawalpindi."

"Though we have realized many a dream and steadily taken steps towards our vision, our path to the future has only just begun. Leveraging our greatest asset, our employees, Byco intends to rise to greater heights in the future Insha'Allah, diversifying our revenue streams, expanding our refining capacity, and making our business model future-proof by investing in and upgrading our facilities and infrastructure."-PR

Copyright Business Recorder, 2020

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