Bangladesh is one of the fastest-growing countries in the world. In many parameters, progress of the country is clearly visible. In the modern world progress of a country is mainly dependent on petroleum products. We are laying far behind in this field. No other petrochemical products are at all not available in the country. We are dependent on imports for other petrochemical products. MGI has taken up this project to construct PVC plant and a PET plant which will start its commercial production in 2021 under the name of Meghna PVC Ltd. After startup, its production MGI will succeed in catering 60% of countries PVC and PET market.
Plant Location: Meghnaghat, Sonargaon, Narayanganj
Land Area: 27 acres
Main products:
Polyvinyl Chloride (PVC) Resin and Polyethylene Terephthalate (PET) Resin (bottle grade)
PVC Use:
- Wires and cables
- Film of all applications, floor paving materials
- The coating on fabrics, artificial leather, various soft tubes
- Gloves, toys, plastic shoes, and some dedicated coating and sealing agents
- Rigid products mainly various profiles, piping, plates, and sheets, hard chips, and bottles
- Building industry like drainage pipes, doors, windows, wall plates etc.
- Various automobiles components
PET Use
Used in the packaging applications for water bottle and carbonated soft drinks