Ashuganj Fertiliser counts Tk 6 lakh in daily loss
Ashuganj Zia Fertiliser Company Limited is facing a Tk 6 lakh loss daily as inadequate storage facility has forced the company management to go below its full production capacity.
Around 47,000 tonnes of urea remained in the open on the factory premises until yesterday. Besides, at least 500 tonnes of the surplus urea is being added daily to this huge stock, making the situation go from bad to worse. The factory's present storage capacity is around 95,000 tonnes.
The urea factory now produces only 1,350 tonnes daily against its capacity of 1,410 tonnes. As daily distribution of the item among dealers is not over 850 tonnes, an amount of 500 tonnes remains surplus.
“The present situation will continue until the next four months,” said an engineer of Ashuganj Fertiliser, who preferred anonymity.
Meanwhile, the company efforts to get government's buffer stock silos and BADC silos turned futile, as those are already filled in with around 3,00,00 tonnes of fertiliser, an amount imported to to face the peak farming season or any possible crisis in the input.
When contacted, Brahmanbaria's Deputy Commissioner Md Haiul Quaium said he also put his efforts to solve Ashuganj Fertiliser's storage crisis after the company sought his intervention.
During a meeting with urea dealers following his visit to the factory, Quaium warned them of stern action against any lapses in timely withdrawal of the allotted amount of urea from the factory concerned.
Osman Ghani, the managing director of Ashuganj Zia Fertiliser Company, said the factory will restore its full capacity soon after the distribution of urea, now stockpiled.
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