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SR Group sets up largest chemical plant in north

SR Group has set up a chemical manufacturing plant in Bogura, the largest of its kind in the northern region of the country, at an investment of Tk 850 crore.  The project went into operation last month.

Located on 35 acres of land in the Mirzapur area on the Dhaka-Rangpur highway under Sherpur upazila, SR Chemical Industries was established last year and started producing caustic soda on December 16.

So far, it has manufactured more than 650 tonnes of liquid caustic and 450 tonnes of caustic soda and sold them in the domestic market.

The products are being used in paper mills, water treatment plants, and disinfectant industries, according to Asif Rabbani, managing director of SR Chemical.

"We have a ready market in the garment and textile industries. Therefore, we have established this factory as a backward linkage of the growing garment, textile and cosmetic industries in the country," he said.

SR Chemical Industry starts commercial production

SR Chemical, the only chemical industry in the northern part of the country, has started commercial production from today in Bogura.

Golam Mohammad Siraj, chairman of SR Group and BNP lawmaker from Bogura Sadar constituency, inaugurated the heavy industry at Sherpur upazila in Bogura district on Wednesday noon.

On the first day, 107 tons of caustic soda flakes were sent to seven companies in the country.

The industry will produce seven types of chemicals – including caustic soda, bleaching fine and bleaching powder – used in paper and textile industries.

Apart from meeting the demand of the country, SR Group will export chemicals worth around Tk 60 crore every year.

 Asif Rabbani, managing director of the company, said the launch of the company in the north would save Tk 200 crore in foreign exchange every year.

Work of the Tk 850 crore project started about two years ago.