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Chemical Industry of Bangladesh

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Chemical Industry of Bangladesh
GLOBAL HEAVY CHEMICALS LIMITED Offer Price : Tk. 20/= with premium Tk. 10/= No. of Shares : 1.20 Crore Total Amount : 24.00 Crore Subscription : 09-13 November

Bangladesh Chemical Industry at a Glance:
Bangladesh Chemical Industries Corporation (BCIC), a state owned enterprise, is the pioneer in chemical industry in Bangladesh with concentration in producing fertilizer, acids, alkali, ammonia, chlorine, paper, pulp, rayon, bleaching powder etc. However, private sectors have rather been enthusiastic in chemical and allied products namely: pharmaceutical products, paints and varnishes, edible oil processing, soaps and detergents, cosmetic and toiletries etc.

Chemicals Industries in Bangladesh belong to mainly Chlor-Alkali Plant & its Chlorinated product and Hydrogen peroxide plant. Main products are Caustic Soda,Chlorine, Hydrochloric Acid, Sodium Hypochlorite, Stable Bleaching Power, Chlorinated Paraffin Wax and Hydrogen Peroxide. These chemicals products are now being supplied through import and local production. Only four /five companies produce basic chemicals locally nemed ASM Chemical Industries Ltd., Global Heavy Chemicals Ltd, Samuda Chemical Complex ltd., Tasnim Chemical Complex and HP Chemicals.

Chemical sector of our country was too much import dependent. Traders were predominant in the market. In Bangladesh, there are only four caustic soda manufacturing projects that can meet the demand.
Group Profile :
GHCL is a concern of Opsonin Group, which started its journey in 1956 by Late Abdul Khaleque with “Opsonin Chemical Industries Ltd.” The same was later renamed as “Opsonin Pharma Ltd.” in 2005. The Group business is now successfully being led by three sons of Late Mr. Khaleque. At present the eldest son- Mr. Abdus Sabur Khan is the Chairman of the Opsonin Group. Currently the Group has 6 major concerns; GHCL, Opsonin Pharma Ltd., Opso Saline Ltd, Global capsules Ltd, Crescent
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