Industry Details

Chittagong's contribution to the economy
Realise its potential

The vast economic potential of Chittagong, a city with unique advantages of ports, roads and railways, largely remains untapped 44 years on, since our independence. The port city can well drive the economy to achieve the coveted middle income status and reach the target of USD 50 billion garment export, according to a leading economist.
Hosting about 40 percent of the country's heavy industries and the second RMG heartland, the commercial city has the potential to cement the nation's status, and one could argue, its future, with traditional and emerging sectors like tourism, shipbuilding and steel.
This extraordinary growth, however, has mostly been driven by individual entrepreneurs overcoming unplanned and inadequate infrastructure, energy shortage and most strikingly, the lackluster performance of its port.
There is room for improvement in the ways the Chittagong Port—which can become a bridge between ASEAN and SAARC—operates.  Loading and unloading of cargo, reportedly, take a painstakingly long time with various 'hidden costs' adding to the woes of exporters. Business leaders are demanding a deep-sea port in Sonadia, off the coast of Cox's Bazaar. 

Lessons could be learned from Singapore. Business communities have stressed the importance of financial institutions setting up head offices in the city making decision-making easier. Polytechnics could be established for skill-development. Chittagong needs an entrepreneurial ecosystem supported by the government where doing business will not be hindered by bureaucratic inertia.

Bangladesh Imports 2014 - 2015

• USD 1569 million Chemical

• For Dyes, Dyeing, tanning etc worth USD 555 million

• Dyes, worth of USD 113.32 million alone from India

• Inorganic, Agro Chemicals & cosmetics, toiletries, worth of USD 158.6 million alone from India

• Over 4500 garment factories needs plenty of Dyes, Pigment & Textile Chemicals

Bangladesh-China Bilateral Trade for Dyes & Chemical
Major Import Items in 2014-15 (In million US $):

  • Fertilizer (195.1); Organic chemicals (182.5);
  • Inorganic chemicals, organic or inorganic compounds of precious metal, of rare-earth metals, of radioactive elements or of isotopes (144.4);
  • Tanning or dyeing extracts tannins and their derivatives, dyes, pigments, and other colouring matters, paints and varnishes, putty and other mastics, inks (121.8)

Bangladesh-India Bilateral Trade for Dyes & Chemical
Major Import Items in 2015-16 (In million US $):

  • Organic chemicals (174.9)
  • Tanning or dyeing extracts, tannins and their derivatives, dyes, pigments and other colouring matter, paints and varnishes, putty and other mastics, inks (149.9)
  • Residues and waste from the food industries, prepared animal fodder (133.2)
  • Salt, sulphur, earths and stone, plastering materials, lime and cement (123.5);
  • Miscellaneous chemical products (104.7)
  • Soap, organic surf-active agents, lubricating etc. (40.3);
  • Inorganic chemicals, organic or inorganic compounds of precious metal, of rare-earth metals, of radioactive elements or ofisotopes (34.4);
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparation (32.8); Others (365.4

Prospect and Challenges of Basic Chemicals Industries in Bangladesh

Basic Chemicals Industries in Bangladesh belong to mainly Chlor-Alkali Plant & its Chlorinated product and Hydrogen peroxide plant. Main products are being produced from these basic chemicals Industries are Caustic Soda (NaOH), Chlorine (Cl2), Hydrochloric Acid (HCl), Sodium Hypochlorite (NaOCl), Stable Bleaching Power (SBP), Chlorinated Paraffin Wax (CPW) and Hydrogen Peroxide (H2O2).

Market demand
Outputs of Chlor-Alkali and H2O2 plant are basic chemicals and basic chemicals are necessary for almost all industries. The products that are produced from ChlorAlkali and H2O2 plant have very good demand in our textile industries, Dyeing Industries, edible oil industries, cable industries, pharmaceuticals, PVC industries, steel rerolling mills, leather industries, WTP and ETP plant etc.

Types of Agro chemical needed in Bangladesh

Agriculture Chemicals:
Chemical Pesticides & Intermediates Ecological Pesticides, Biopesticides, Agriculture Chemical Production & Processing Technologies.

 Agricultural Fertilizer:
Nitrogen Fertilizer, Potash Fertilizer, Phosphate Fertilizer, Biological Fertilizer, Compound Fertilizer, New Specialized Fertilizers (Seaweed Fertilizers, Biological Fertilizers, Foliage Fertilizers, Slow Release Fertilizers, Trace Element Fertilizers, Humid Acid Fertilizers)

Chemical Pesticides:
Products of insecticide, Herbicide, Fungicide, Intermediates, Ecological Chemical Pesticides, Biological Pesticide, Pesticide Production, Pesticide Processing Technology.

Crop Protection & Biotechnology:
Plant Growth Regulators, Transgenic Products, Soil Additives, Nutritional Agents, Turf.

Factory Data - Category Wise

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