Bangladeshi Lynpers Chemical to invest $5.7m in Ishwardi EPZ

Desk Report: Bangladeshi company M/s. Lynpers Chemical Industries Ltd. is going to set up a Textile Chemical industry in Ishwardi EPZ with an investment of US$ 5.7 million.

The company will produce nine million kg of textile auxiliary chemicals, including green acid, detergent, green soda, cotton levelling, polyester levelling, softener, etc per annum, according to a press statement on Sunday.

At least 121 Bangladeshi nationals will get employment opportunities in this factory, added the statement.

Member (Investment Promotion) of BEPZA Ali Reza Mazid and Chairman of Lynpers Chemical Industries Ltd. Md. Rofiqul Islam Mondal signed an agreement to this effect on behalf of their respective organizations on 03 August 2022 at BEPZA Complex, Dhaka.

The Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc 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. S.K Rezwanul Haque were present during this time.