VOL NO REGD NO DA 1589

Monday, September 12, 2005

HEADLINE

POLITICS & POLICIES

METRO & COUNTRY

Science & Health

EDITORIAL

LETTER TO EDITOR

COMPANY & FINANCE

BUSINESS & FINANCE

URBAN PROPERTY

LEISURE & ENTERTAINMENT

MARKET & COMMODITIES

SPORTS

WORLD

 

FE Specials

FE Education

Urban Property

Monthly Roundup

Saturday Feature

Asia/South Asia

 

Feature

13th SAARC SUMMIT DHAKA-2005

National Day of Australia

57th Republic Day of India

US TRADE SHOW

 

 

 

Archive

Site Search

 

HOME

COMPANY & FINANCE
 
Khulna Hardboard Mills goes into production
Our Correspondent
9/12/2005
 

          KHULNA, Sep 11: The state-owned Khulna Hardboard Mills (KHM) will go into commercial production from September-14 fulfilling a long-standing demand of the people of the industrial city. It is expected that Industry Minister Maulana Matiur Rahman Nizami will formally inaugurate the event as chief guest. BCIC Chairman will also attend the inaugural function as special guest.
KHM stopped production and laid-off its workers on 15 December 2002 but without any liabilities. After completion of primary BMRE (balancing, modernising, rehabilitation and expansion) at a cost of Tk 11 million KHM is now ready to go into production.
Tk 37.1 million will be spent for step-by-step development. No technical fault was detected when KHM was run on experimental basis in the last one month. But production target is yet to be fixed.
Established in 1966 with an annual production capacity of 2.78 million square metres of hardboard, KHM was shut down primarily because of a poor production capacity caused by inadequate supply of raw material from the Sundarbans forest. KHM products also faced tough completion in the market due to its poor quality and comparatively higher price. Before closing, KHM's manpower was only 190 persons but was shown 242 officially.

 

 
  More Headline
Mega agri project starts operation soon
Both bourses witness rise in price indices
Khulna Hardboard Mills goes into production
Call rate remains steady, dollar moves further
Japan keen to import medicines from Bangladesh
SEC fines Khawja Mosaic MD, directors
Human rights bodies challenge Bapex-Niko deal in HC
Hafiz stresses on modern accounting system to reduce audit objections
25,000 patients treated at Apollo Hospital
Fiat, Ford think big on small cars
Govt borrows Tk 11.17b thru' treasury bills
Actuarial whims massage pension deficits
Matin joins SIBL as consultant
BADC's contract growers in dilemma about due bills
IPO diary
Changes in closing prices of BSC, Padma oil
 

Print this page | Mail this page | Save this page | Make this page my home page

About us  |  Contact us  |  Editor's panel  |  Career opportunity | Web Mail

 

 

 

 

Copy right @ financialexpress.com