What sparked our interest to start a chemical industry? The answer is very simple. There is extremely poor development in our country’s chemical sector.
Other than few multinationals and local companies producing paints, household cleaners, toiletries and some basic chemicals. Major development in the chemical industry in Bangladesh is absent.
It is a known fact that the economic backbone of many developed countries in the world today is their highly developed chemical industry. But in Bangladesh, the basic chemical manufacturing sector had always been neglected.
Almost 97% of country’s total requirements of raw materials are imported in both Industrial and Consumer sectors.