Indian plastic granules plant in Ishwardi EPZ soon
Unb, Dhaka
Indian company M/s Eco Polymers Limited will set up a plastic granules manufacturing industry in the Ishwardi Export Processing Zone with an investment of US$ 10.691 million.The 100 percent foreign owned company, a sister concern of Indian Kalani Group of Industries, will manufacture 8,000 tonnes of PP compound (plastic granules) annually. The company will create employment opportunity for 287 Bangladeshi and 6 foreign nationals. An agreement, to this effect, was signed between the Bangladesh Export Processing Zones Authority (Bepza) and the M/s Eco Polymers Ltd yesterday. Prasanta Bhushan Barua, member (Investment Promotion) of Bepza, and Umesh Dwivedi, managing director of Eco Polymers Limited, signed the lease agreement on behalf of their respective organisations, said a press release.
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