The paper industry has become a successful sector in Bangladesh and it has a great potential to become one of the country’s major foreign currency earners, experts say. After readymade garments (RMG) and leather industry, this sector is playing a vital role in our national economy. Private paper mills are producing export-oriented paper products. After meeting the local demand, they have started exporting to 40 countries, bringing in large amounts of foreign currency. According to the Export Promotion Bureau (EPB), paper product exports totalled USD 920,488 in the last fiscal year (2016-2017). This week, The Weekend Independent talked to some officials and entrepreneurs regarding the state of our paper industry.
At present, there are about 100 private paper mills in the country, with production capacity of 1.5 million (15 lakh) metric tons a year on average by implementing modern technology, new entrepreneurs are investing a huge amount of money in the sector, and foreign buyers are also coming to Bangladesh to import paper products because of the good quality.
here are three state-owned paper mills in the country, including Khulna Newsprint Mill (KNM) near Khalishpur, Pakshi North Bengal Paper Mills at Ishwardi in Pabna, and Karnaphuli Paper Mills (KPM) in Chittagong. Among them, only KPM, the largest paper factory in Bangladesh, is still in operation. It was established at Chandraghona of Chittagong district in 1953. But the mill is facing challenges due to shortages of raw materials used for manufacturing paper and pulp, such as bamboo and softwood from the local forests.
Considering above, SFCS coupled a good number of professional and technical expertise along with extensive industry knowledge to provide the sustainable total solutions to establish a Paper Mill with cost effective manner.