Square Pharma expands production unit
Tuesday, 12 January 2010
FE Report
The earth-breaking ceremony of Square Pharmaceuticals Limited Unit 3 took place Sunday to meet the increasing demands from the industry.
The new unit got established near the Square Pharmaceuticals' Plant at Kaliakoir in Gazipur.
The first phase construction will be finished in December 2012. Then the second phase will start from January 2014 and be finished by June 2016.
The company hopes that the unit will start production from the first quarter of 2013. The estimated cost of the unit 3 will be 5.14 billion. Total pro)ect area is 16 acres. The current plant, whose area is 35 acres, produces general products, Cephalosporin, Insulin, and SVPO etc.
Square Pharmaceuticals Limited Unit 3 is going to bear facilities of the state of the art technology.
Square Pharmaceuticals Limited is doing business in local and international markets with own goodwill. Their demand is increasing for providing the quality products. To meet up the increasing demand, they initiated to expand the plant.
Once the expansion gets completed, the production of Square pharmaceuticals linlited will be increased. Then, ten billion tablets and capsules will be produced each year. Injections, LVP, anti-cancer drugs and special vaccines will be produced in the new plant.
Square Pharmaceuticals Limited is the leading drug manufacturing company of Bangladesh. Using the state of the art technology, Square
Pharma produces quality products and is increasing their market share in both the local and global arenas. Square Pharmaceuticals Limited is holding the strong leadership in the pharmaceutical industry of Bangladesh since 1985. It can be noted here, the company was founded in 1958 at Pabna.
Mr. Samson H Chowdhury, Chairman of Square Group, was the Chief Guest on the occasion to inaugurate the event.
Mr. Samuel S Chowdhury, Vice Chairman, Square Group, Mr. Tapon Chowdhury, Managing Director, Square Pharmaceuticals Limited, Mr. Anjan Chowdhury, Director, Square Pharmaceuticals Limited, Ms. Anika Chowdhury and other high officials of the company were also present there.
The earth-breaking ceremony of Square Pharmaceuticals Limited Unit 3 took place Sunday to meet the increasing demands from the industry.
The new unit got established near the Square Pharmaceuticals' Plant at Kaliakoir in Gazipur.
The first phase construction will be finished in December 2012. Then the second phase will start from January 2014 and be finished by June 2016.
The company hopes that the unit will start production from the first quarter of 2013. The estimated cost of the unit 3 will be 5.14 billion. Total pro)ect area is 16 acres. The current plant, whose area is 35 acres, produces general products, Cephalosporin, Insulin, and SVPO etc.
Square Pharmaceuticals Limited Unit 3 is going to bear facilities of the state of the art technology.
Square Pharmaceuticals Limited is doing business in local and international markets with own goodwill. Their demand is increasing for providing the quality products. To meet up the increasing demand, they initiated to expand the plant.
Once the expansion gets completed, the production of Square pharmaceuticals linlited will be increased. Then, ten billion tablets and capsules will be produced each year. Injections, LVP, anti-cancer drugs and special vaccines will be produced in the new plant.
Square Pharmaceuticals Limited is the leading drug manufacturing company of Bangladesh. Using the state of the art technology, Square
Pharma produces quality products and is increasing their market share in both the local and global arenas. Square Pharmaceuticals Limited is holding the strong leadership in the pharmaceutical industry of Bangladesh since 1985. It can be noted here, the company was founded in 1958 at Pabna.
Mr. Samson H Chowdhury, Chairman of Square Group, was the Chief Guest on the occasion to inaugurate the event.
Mr. Samuel S Chowdhury, Vice Chairman, Square Group, Mr. Tapon Chowdhury, Managing Director, Square Pharmaceuticals Limited, Mr. Anjan Chowdhury, Director, Square Pharmaceuticals Limited, Ms. Anika Chowdhury and other high officials of the company were also present there.