Descon denies partnership or alliance agreement with Tetra Pak

 LAHORE: The Descon Oxychem Limited on Thursday refuted reports in print and electronic media about its partnership or alliance or similar agreement with Tetra Pak Pakistan Limited and termed the agreement for selling of Hydrogen Dioxide (H2O2) based product ASEPTOX 35 a routine material purchase agreement with the Company. 

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In a letter sent to the Pakistan Stock Exchange (PSX), the Descon further clarified that it enters into such material purchase agreements with most of its customers and maintained that they are investigating the news. “It is totally unintentional act,” the Descon held.