Byco Petroleum Pakistan Limited

byco petroleum pakistan limited is pioneering the change in the energy sector of pakistan and initially entered the oil refining business through the formation of bosicor pakistan limited (bpl), now byco petroleum pakistan limited (bppl), a refinery with a design capacity of 30,000 barrels per day (bpd) and listed in all stock exchanges of pakistan. in february 2008, realizing the immense potential that (bosicor group of companies possessed), abraaj capital limited (acl), a leading private equity firm of middle east, north africa and south asia (menasa), joined hands with bosicor corporation limited (bpl). under the agreed arrangement, a joint venture of bcl and acl in the ratio of 60% and 40% respectively, was established in mauritius by the name of byco industries incorporated (bii), which now owns 100% of byco oil pakistan limited (bopl) [formerly bosicor oil pakistan limited] and byco chemicals pakistan limited (bcpl) [formerly bosicor chemicals pakistan limited]. acl injected fu