Article: BANGLADESH: PLANS FOR PROPOSED $53,000,000 UREA PLANT UPGRADE PROJECT, BANGLADESH CHEMICAL INDUSTRIES [BANGLADESH] - Order #: 065899.

PROJECT OVERVIEW:

The ECONOMIC CORPORATION FUND of Japan recently granted tens of millions of dollars to the local BANGLADESH CHEMICALS INDUSTRIES. As a result, the company is now said to be planning the modernisation of its Ghorasal urea plant. Modernisation plans will reportedly involve:

- An effort to reduce energy consumption; - The replacement of a gas turbine generator at its power station; - The introduction of environmental improvements.

The cost of the proposed upgrade project has been pegged at $53,000,000.

BANGLADESH CHEMICAL INDUSTRIES employs a total staff of about 25,000. The company is engaged in the manufacture of ...

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