Pic: Deshbandhu Group
The project entails establishing a 1,600 TPD continuous polymerisation (CP) unit, accompanied by downstream facilities comprising 1,200 TPD bottle grade chips and 400 TPD textile-grade chips.
To facilitate this ambitious endeavour, Deshbandhu Group recently inked contracts with China National Chemical Engineering International Co Ltd and Chemtex (China) Engg Co Ltd.
The proposed site spans 33 acres within the Powerpack Economic Zone in Mongla, Bagerhat.
At the contract signing ceremony, attended by dignitaries such as senior secretary and Beza executive chairman Sheikh Yusuf Harun, Deshbandhu Group emphasised the strategic importance of this project in meeting the escalating demand for textiles and polyester in the region.
The polyester chips produced will serve as crucial raw material for downstream industries including handloom, knitting, wet processing, and garment manufacturing.
This initiative is expected to position Bangladesh as a key player in the global polyester industry, catering to both the domestic and global markets.
Recognising the significance of value addition, Deshbandhu Group plans to leverage imported feedstocks such as MEG and PTA for its CP unit. These feedstocks will undergo further processing to produce manmade fibres and yarns, contributing to the country’s textile and garment manufacturing sector.
This ambitious polyester project aligns with Bangladesh’s vision to capitalise on its growing textile and garment industry and establish itself as a prominent player in the global polyester market.
Fibre2Fashion News Desk (DR)