Bangladesh is planning its very first petrochemical plant which will produce 300 tons of polyester chips per day mainly to fuel the nation's average 10% growth in demand, the local media reported. Mallek Spinning Mills Limited, has outlined plans to invest approximately US$804 mln (partly from the capital market and rest from IPO) to install the plant in Narayanganj.
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Wednesday, April 01, 2009
Bangladesh to set up first petrochemical plant
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