SALVOCHEM Restructuring the extended project - Share market analysis of dhaka stock exchange, Bangladesh

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16 April, 2018 04:14 PM Source: Dhaka Stock Exchange

The Company has informed that the Board of Directors has decided that the extended project for "Zinc Sulphat Plant" shall be restructured to produce "Liquid Glucose" product. The company changed its plan to produce Zinc Sulphat because the Plant couldn't come to a cost effective position and unsuccessful trail production. The existing Plant and Machineries of Zinc Sulphat shall be shifted, modified, added new machineries and be assembled to set-up a plant for producing "Liquid Glucose". However, the management of the Company assumes that the expected Project will be completed within 2 to 3 months and the production capacity will be 28 Metric Ton per day. The Product "Liquid Glucose" is used in as a raw material of Food Industry & Pharmaceuticals Industry.


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