Mobil Jamuna to inaugurate 3 new plants in Ctg Nov 11
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FE Report
MJL Bangladesh Ltd, popularly known as Mobil Jamuna Lubricants Ltd, will inaugurate its three new plants-”Grease, Viscosity Index Improver and Transformer Oil” — in Chittagong on November 11.
State Minister for Power and Energy Enamul Huq is expected to inaugurate the plants as the chief guest.
This was disclosed at a press conference at a city hotel Sunday.
Sanaul Haque, chief executive officer (CEO) of the company, said the plants and their technology have been designed and implemented by highly experienced former ExxonMobil personnel who are currently working for product development of the company.
“These new plants are import substitutes and will help save foreign currency worth around Tk 1.27 billion,” he told the FE adding: “All major equipment, including control system of these plants, have been sourced from North America, Australia and Europe”.
The CEO said they will manufacture 850 tonnes of premium grade grease, which is 50 per cent of total annual domestic demand. At present this demand is fully met through import, he said.
The pack-size of the product will be 0.5 kg, 1 kg, 2kg, 3 kg, 5 kg, 10 kg, 20 kg and 180 kg.
Sanaul Haque told the reporters that they, however, could have double shifts in production of the grease, if necessary, to meet total demand of the country.
Viscosity Index Improver and Transformer Oil plants have been set up for the first time in the country, he said.
He said demand for Transformer Oil is increasing rapidly in the country with the demand of electricity and it is entirely imported. Presently, they will be able to supply 8000 tonnes out of total demand of 2000 tonnes, he added.
MJL high officials Mukul Hossain and Tipu Sultan were present in the press conference.
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