Descon Oxychem  Ltd. (DOL) is incorporated by Descon in 2004 as a Private Limited Company with main business scope of Hydrogen Peroxide (H₂O₂) manufacturing and marketing. At present DOL is in the process of establishing a state of the art (H2O2) production facility which is located at 18Km Lahore Sheikhupura Road. DOL (H₂O₂) project is at construction stage.

DOL is now a Public Limited Company listed on Karachi Stock Exchange