Lynpers Chemical to invest $5.7m in Ishwardi EPZ


FE Team | Published: August 07, 2022 23:47:48


Lynpers Chemical to invest $5.7m in Ishwardi EPZ

Lynpers Chemical Industries Ltd, a Bangladeshi company, is going to set up a Textile Chemical industry in Ishwardi Export Processing Zone (IEPZ), reports BSS.
They will invest $5.7 million to produce 9.0 million kg of textile auxiliary chemical like green acid, wetting and detergent, green soda, cotton levelling, polyester levelling, softener, silicon, fixing, wash off, stabiliser, sequestering per annum.
One hundred and twenty one Bangladeshi nationals will get employment opportunity in this factory.
Bangladesh Export Processing Zones Authority (BEPZA) and Lynpers Chemical Industries Ltd signed an agreement to this effect at BEPZA office in the city recently.
Member (Investment Promotion) of BEPZA Ali Reza Mazid and Chairman of Lynpers Chemical Industries Ltd Md Rofiqul Islam Mondal signed the agreement on behalf of their respective organisations.
Executive Chairman of BEPZA Maj Gen Abul Kalam Mohammad Ziaur Rahman witnessed the signing ceremony.
Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Project Director of BEPZA EZ Md Hafizur Rahman, Executive Director (Investment Promotion) Md Tanvir Hossain, Executive Director (Enterprise Services) Md Khorshid Alam of BEPZA and Managing Director of Lynpers Chemical Industries Ltd SK Rezwanul Haque were present during the signing ceremony.

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