Bangla Chemical now sole distributor of India's Calco

Calco Poly Technik, one of India's fastest growing enterprises that supply solutions and technologies to plastics industry, has appointed Bangla Chemical as its sole authorised distributor in Bangladesh. 

 Senior officials of Calco and their local partner made the disclosure at a meeting with reporters at the Sonargaon hotel in Dhaka yesterday.

Varun Gupta, a director of Calco Poly Technik, said Bangladesh's consistent economic growth has prompted them to enter the market.

“Bangladesh's per capita consumption of plastics is only 5kg, far below the global and Asian averages. There is huge room for growth,” said Gupta.

Per capita consumption of plastics is 11kg in India and 38kg in China. It averages 22kg in Asia.

“There is huge potential for development of the plastics sector in this country and we are keen to be a part of this process,” Gupta said.

The company aims to provide innovative and cost-effective solutions to original equipment manufacturers in Bangladesh. Calco is already exporting its wide-range of products to other Saarc and European countries.

MS Siddiqui, CEO of Bangla Chemical, and Vivek Ranjan, vice-president for exports of Calco Poly Technik, were present.