Govt initiative to produce paper from jute pulp

http://theindependentbd.com/business/finance/77583-govt-initiative-to-produce-paper-from-jute-pulp.html

Govt initiative to produce paper from jute pulp
Author / Source : UNB

Dhaka, Oct 28: The government has taken initiative to produce paper from jute pulp at the North Bengal Paper Mills at Pakshi in Pabna although the mills remained inoperative since 2002. A Chinese company, China Yunun Corporation (CYC) is conducting feasibility study on producing paper from jute pulp, Textiles and Jute Secretary M Ashraful Moqbul told UNB.

He said that the 3rd mission of the CYC is expected to arrive in the country on November 10 to give their report on the feasibility study.  After getting their report, the Ministry will form a Development Project Proposal (DPP) and sent it to the Planning Commission (PC) for consideration. The estimated cost of the proposed project will be around Tk 200 crore.

The second mission of the CYC visited the country in September.  Earlier in May, the Ministry sent letter to the CYC to conduct feasibility study on the North Bengal Paper Mills.

The Textiles and Jute Secretary said that the mill would run with the target of producing 20,000 tons jute pulp annually and at least 80,000 tons of green jute would be needed for the purpose.

He said the purpose of the project would be to ensure diversified use of jute and also to meet the domestic demand of pulp as the private sector paper mills had to purchase per metric ton of pulp at US$ 1000.

The Jute Ministry moved to resume production at the North Bengal Paper Mills after transferring the stewardship of the mill from Bangladesh Chemical Industries Corporation (BCIC) to Bangladesh Jute Mills Corporation (BJMC). Replying to a question, Ashraful Moqbul informed that the CYC has experience of setting up paper mills based on jute pulp in Vietnam and Laos.

Sources at the Ministry of Textiles and Jute said that the government had earlier taken various steps to produce paper from jute pulp but was not successful.     UNB

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