Posts Tagged ‘industry’

Bangladesh Govt strives to reopen all closed jute mills

Sunday, January 24th, 2010
 Jute ,once the key economic element ,now also contributing key role of our jute farmer.Considering the prospect and demand The Bangladesh government is all set to restart the operations of two more closed jute mills, Daulatpur Jute Mill at Khalishpur in Khulna and Kawmi Jute Mill in Sirajganj. Re-opening of these two jute mills will allow around 5,000 workers to get back their jobs.
The recommencement of these two mills requires around Tk 1.36 billion of fund; hence this resumption will be exercised after the approval of Finance Ministry.

 

Khulna People’s Jute Mills will resume its functions by February and will be managed by BJMC. Meanwhile, a 19-member commission, headed by the eminent economist Dr Kholiquzzaman Ahmad, has been formed by the government to create an appropriate jute policy.

Besides, it has also taken measures for global campaign to promote jute as a natural fibre, since the Food and Agriculture Organization of the UN had announced 2009 as the ‘International Year of Natural Fibres’.

Moreover, the government of Bangladesh is making it obligatory to use jute in goods packaging. During ongoing year, around 600 tons of jute goods were produced in Bangladesh jute mills, which is around two times the output of the past year.

Jute and jute goods, produced in the country, are shipped to about 100 countries across the globe such as Sudan, Egypt, Iran, Syria, UAE, Australia, New Zealand, USA, European countries, India, Indonesia, Sri Lanka, China and Thailand.

More Jute news :

Govt relaxes ban on raw jute exports.

 

 

 

The ban was imposed by the government through a circular in accordance with Articles 4 and 13 of the Jute Ordinance 1962 on all grades of raw jute, including those which had been already dispatched to the ports and were awaiting shipment.

The ban was imposed due to excessively scant supply of jute fibre confronted by the local jute mills and unusual hike in the prices of raw jute which had already crossed TK 2000 per maund and was feared that it may rise further.

If such rally in price and scarcity of raw jute continues, apprehensions are even served that several domestic jute mills will have to be shut down.

 
 
Regardless of the insufficiency of fibre in the local market the government has further relaxed the ban on export of raw jute. The government has permitted export of entire raw jute for which Letters of Credit (LCs) for shipment were opened prior to imposition of such restriction on last December 7.The decision has eased export of entire bulk of raw jute, that is awaiting shipment at the port and also that was under export process till 7th December for which LCs were opened with 16 banks. But it is to be noted that no such relaxation has been provided for export of BTR (Bangla White Rejection) grade of raw jute.

 

The ban was imposed by the government through a circular in accordance with Articles 4 and 13 of the Jute Ordinance 1962 on all grades of raw jute, including those which had been already dispatched to the ports and were awaiting shipment.

The ban was imposed due to excessively scant supply of jute fibre confronted by the local jute mills and unusual hike in the prices of raw jute which had already crossed TK 2000 per maund and was feared that it may rise further.

If such rally in price and scarcity of raw jute continues, apprehensions are even served that several domestic jute mills will have to be shut down.

 
 
Regardless of the insufficiency of fibre in the local market the government has further relaxed the ban on export of raw jute. The government has permitted export of entire raw jute for which Letters of Credit (LCs) for shipment were opened prior to imposition of such restriction on last December 7.The decision has eased export of entire bulk of raw jute, that is awaiting shipment at the port and also that was under export process till 7th December for which LCs were opened with 16 banks. But it is to be noted that no such relaxation has been provided for export of BTR (Bangla White Rejection) grade of raw jute.

 

The ban was imposed by the government through a circular in accordance with Articles 4 and 13 of the Jute Ordinance 1962 on all grades of raw jute, including those which had been already dispatched to the ports and were awaiting shipment.

The ban was imposed due to excessively scant supply of jute fibre confronted by the local jute mills and unusual hike in the prices of raw jute which had already crossed TK 2000 per maund and was feared that it may rise further.

If such rally in price and scarcity of raw jute continues, apprehensions are even served that several domestic jute mills will have to be shut down.

 

Power shortage in Bangladesh Industriies

Friday, July 31st, 2009

Power is the key factor for any development because its the key element of activating production.
The port city and its suburbs continue to suffer from acute power shortage despite the move to increase power generation in two units of Raozan power plant by diverting gas there from the Chittagong Urea Fertiliser Ltd (CUFL).

The government indefinitely suspended the operation of the CUFL on April 26 to save 54 million cubic feet (MCF) gas to be diverted to the two units for smooth power generation. Each unit has the capacity of generating 210 megawatt (MW) power.

The Power Development Board (PDB) officials hoped that the move would help bring down the daily power shortfall to 150MW from 250MW in Chittagong city.

But power shortage in the port city and its adjoining areas now stands at 220 to 230 MW. Despite getting additional gas to generate more power since April, PDB has failed to reduce power outage in the city substantially.

Chief Engineer of PDB Chittagong (Southern Zone), Sujit Chakma admitted that despite getting additional gas at the two Raozan units, they were not able to generate power to capacity.

The PDB now gets around 405MW in off-peak time (day) and 410MW in peak time (night) against the daily demand of 500MW (day) and 630 to 640MW (night).

The PDB requires around 100MCF gas to run its five gas-fired units except the Kaptai plant but it now gets 80 MCF.

Meanwhile, CUFL officials expressed concern over the suspension of production at the factory with a capacity of producing 1,400 tonnes of fertiliser a day.

“Initially we were told that the factory would remain closed for two months. But now we hear that it will be out of operation till September. The factory incurs a loss of Tk 1.4 crore daily,” said a top CUFL official seeking anonymity

Related :
Nuclear fusion power plant.

fusion_power_plant_bd

DEMO (DEMOnstration Power Plant) is a generic name for proposed nuclear fusion power plants that intend to build upon the expected success of ITER. Whereas ITER’s main goal is to produce 500 million watts of fusion power for at least 500 seconds, the goal of DEMO will be to produce at least four times that much fusion power on a continual basis. This level of power production (2 gigawatts) is on the scale of a modern electric power plant.

While the final design of DEMO will depend to a large extent on the results obtained from the exploitation of ITER and other fusion experiments including IFMIF, it is envisaged that a programme of research and development activities in preparation for DEMO will be coordinated by ‘Fusion for Energy’ to perform studies, validate technologies, develop prototypes, etc.

Billet making plant by BSRM – cost BDT 1.946 billion

Friday, March 20th, 2009

billetBSRM group, which is the pioneer in iron and steel manufacturing in Bangladesh, is establishing billet making plant in Chittagong to ensure a steady supply of quality billets for its rolling mills with an estimated cost of BDT 1.946 billion. It will be located at Nasirabad Industrial Area in Chittagong.

The construction of the new plant, BSRM Iron & Steel Company Ltd (BISCO), claimed to be the largest billet-manufacturing unit, is progressing fast. It is expected to start its commercial operation from August this year.

The construction of the new plant, BSRM Iron & Steel Company Ltd (BISCO), claimed to be the largest billet-manufacturing unit, is progressing fast. It is expected to start its commercial operation from August this year.

The syndicated term loan facility for BDT 1.362 billion to set up a prime quality 145,800 tonne capacity billet making plant namely, BSRM Iron & Steel Company Ltd,A total of 14 financial institutions under the lead arrangement of Industrial and Infrastructure Development Finance Company participated in the syndication.

Billet :

Billet refers to a cast semi finished product. It is also referred to as ingot, particularly for smaller sizes. A billet is typically cast to a rectangular, hexagonal or round cross section compatible with secondary processing, e.g. forging. It can be produced either as coil or cut lengths. Ingots and billets are collectively known as bar stock.

www.bsrm.com

Ship breaking industry Bangladesh – policy needed

Wednesday, March 18th, 2009

Ship breaking industry is a key economic infrustuctaral industry,now facing  the environmental oblication through court . considering the whole economy factor its unwise…..serious calculative decision should be taken by govt. Economy vs environment. Ofcourse the economy should be prior. govt should take innitiative to protect environment alternative way not by ruling by court ….this is not the time to be so concious for environment rather than economy. .

there are more vital issues to work with……..ship-breakig-industry

Court Ruling Could Sink Bangladesh Shipbreaking Industry

Environmentalists are hailing a Bangladesh High Court decision to order the closure, in two weeks, of all ship-salvaging yards which do not have environmental clearances. The judges also have banned “toxic” ships from entering Bangladeshi waters. The much-criticized industry is believed to employ tens of thousands of people in Bangladesh.

The Bangladesh High Court has ordered that the country’s ship-dismantling operations must close in two weeks if they do not obtain government environmental clearance.

more >>>>>>

Ship-breaking shutdown

WE applaud the recent High Court directive to the government to immediately shutter operations of all the nation’s 36 ship-breaking yards for operating without proper environmental clearance, and hope that the industry will at long last finally take corrective measures and bring itself into compliance with the law of the land.

This court order is long overdue. Simply put, the industry has been operating in blatant defiance of the most basic environmental regulations that are on the books. The court has done nothing more than order compliance with the existing law, and no one can have any complaint if laws are implemented as they should be.

more…..>>>>>

 

Bangladesh is formulating a new industrial policy-Targeting amid-income country by 2021

Thursday, February 19th, 2009

“DIN BODOLER PALA” SLOGAN FOR A CHAGE OF DEVELOPED AND UPDATED BANGLADESH

Bangladesh’s Industries Minister Dilip Barua said the government is formulating a new industrial policy, including short-term, middle-term and long-term plans, which is important to build a digital Bangladesh and make Bangladesh into amid-income country by 2021 as committed by the new government.

He said the goverment will empasis on foreing investment and technology support,Barua said the new government of Bangladesh has given importance to light industry and small and medium enterprises (SME) which are suitable for Bangladesh to further develop the country’s economy.

Bangladesh’s Industries Minister Dilip Barua said in  a  meeting  with a delegation of the Communist Party of China (CPC),he added, Bangladesh welcomes more investments from China as Bangladesh’s economy is experiencing a transition to “industry-oriented

On Response ,Liu Hongcai, deputy head of the International Department of the CPC Central Committee and chief of the delegation, said Bangladesh enjoys unique advantages including big human resources and geographic advantages which will be attractive to investors.He also said China as a good friend of Bangladesh wishes Bangladesh to be stable and hopes to see an economic takeoff in Bangladesh as soon as possible

ABOUT DILIP BARUAdilip-barua

Industries Minister Dilip Barua, general secretary of Bangladesher Samyabadi Dal, was born on February 28 in 1949.

He completed his BSc (honours) in Physics, MSc from the Dhaka University. He obtained MA, Diploma in Journalism and LLB from the same university.

He was a leader of the East Pakistan Students Union from 1966-1970. He was a member of the Communist Party since 1969 and elected member of the Dhaka City Committee of the Party in 1972. He was the President of the Jubo Federation during 1977-1979.

Dilip is one of the architects of 14-party alliance. He played a vital role in formulation of 31-point reforms of caretaker government and 23-points programmes.

During his long political career, he was imprisoned in 1969 as the student leader, in 1983 as a member of the Political Bureau. He led underground life for several times due to Political reasons.

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