Jamuna Fertiliser earns Tk 150cr in profit

New Age, 28 July 2012

Jamuna Fertilizer Factory run under the Bangladesh Chemical Industries Corporation earned about Tk 150 crore in profit last fiscal, overcoming the loss of about Tk 130 crore during 2010-11 fiscal.
BCIC sources said the fertiliser factory produced 3,27,512 tonnes of urea worth Tk 589 crore in last ten months of the fiscal 2011-12. The production in the factory remained suspended for two months due to gas scarcity during the fiscal.
Out of the produce, 2,39,159 tonnes of fertiliser were sold and over Tk 430 crore earned.
Talking to the news agency, industries minister Dilip Barua said the government had taken a plan to modernise country’s urea fertiliser factories to meet the demand for the key agriculture input.
As part of the plan, he said, ‘Urea striper’ equipped with Japanese equipment has been introduced in Jamuna Fertilizer Factory at a cost of Tk 100 crore.’
The minister attributed the introduction of the urea striper in the fertiliser factory to the increased fertiliser production during the period.
Work on installation of gas turbine generator in the factory is going on in full swing, he said, adding that once completed it would provide uninterrupted power to the factory, he added.
The fertiliser factory, which has now 88,353 tonnes of fertiliser at stock, is producing 1,450 tonnes every day.

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