Staff Correspondent: Department of Dyes and Chemical Engineering (DCE) under the Faculty of Textile Chemical Engineering at Bangladesh University of Textiles (BUTEX) organized a Stakeholder’ discussion on Opportunities and Challenges of the Textile Chemical sector on 26 October at the conference hall of BUTEX in the capital.
More than 30 local chemical manufacturers, Foreign chemical company representatives, and industry experts were present at the Stakeholder discussion.
To identify the opportunities and challenges of the Textile and Chemical Sector, DCE organized a stakeholder discussion to understand the perspectives of Chemical Suppliers/ Manufacturers/Formulators/Marketers and associated others.
The main target of this discussion was:
· Market size and structure (growth rates and forecasts, import/export volumes, SME/large scale companies, etc.)
· Opportunities and challenges in the different chemical segment
· Technological know-how for the industry.
· Career opportunities in the sector and skill requirements.
Dr. Mohammad Abbas Uddin, CText FTI, Asst. Professor and Head Department of Dyes and Chemical Engineering (DCE), Bangladesh University of Textiles shared the overview of DCE of BUTEX in his welcome speech-
DCE of BUTEX has been established to fulfill the market needs in the Textile chemical Sector. Apart from basic chemicals, most textile dyes and chemicals are imported, and as a result, there is a huge opportunity for the Textile Chemical sector to grow. Therefore, the target of the DCE department is to create academic, technical, and business leaders for today and tomorrow who will employ the skill sets of industrial processes and scientific advances.
Currently, the textile industry is at a critical junction – trying to add more value and localise the input. The chemical industry, with a market of almost $1 billion USD, is mostly input-dependent apart from some basic chemicals. It is foreseen that the local chemical industry for textile applications will flourish to reduce the cost and lead time.
We believe dyes and chemical engineering will be the key to creating local industry to support a healthier, cleaner, greener, and more efficient textile industry.
Dr. Md. Forhad Hossain, Professor & Dean, Faculty of Textile Chemical Engineering, BUTEX presided over the stakeholder discussion. Syed Mohammad Ismail, Country Head, Archroma Bangladesh; Md. Mukhless Ur Rahman Khan. Director, Technical & Marketing, Micro Fibre Group. A.S.M. Hafizur Rahman Nixon, Executive Director, RH Corporation; Engr Touhidul Islam Kakon, Director & CEO QUEST TEX Solutions; Nazmus Sadat, Country Head at Giovanni Bozzetto S.p.A Bangladesh Liaison Office; Mohammad Anis-Ur Rahman, Country Manager of ASUTEX; Biswajit Banik. Senior Country Manager, NICCA. Md. Amanur Rahman, Managing Director of DYSIN Group; Ehsanul Haq, Managing Director, World Chemical Industries Ltd; H.K Kabir, MD of Hypjin Petrochem Industry; Engr. Md. Nasir Ullah Bhai Country Director, Officina39; Md.Shazedur Rahman, CEO, Best Chemical; Monjur Morshed, Managing Director, Color Star; Anamul Kibria Rony, Head of Sales Samuda Spec-Chem Ltd BikashKanti Das, General Manager (Finance), Moshfiqul Azam, Head of HR, Samuda Spec-Chem Ltd; Md. Rahat Ullah Rashed. Head Of Technical Support Taiwan Persotex Corporation spoke at the event.
According to the report, the global textile chemicals market size is expected to reach $38.66 billion by 2030 and register a revenue CAGR of 4.3 percent by 2030. The textile sector consumes three broad types of chemical-Basic Chemicals, Dyestuffs and Textile auxiliaries.
The speakers discussed about challenges and opportunities of the Textile chemical sector including, Custom problem, Challenges of HS Code; Lack of Textile knowledge in govt employees; Need more chemical engineers and technologists, Need for collaboration with academia to reduce the skill gap; More local and foreign chemical manufacturing plant need in Bangladesh, Gas and power crisis, payment challenges, lack of textile knowledge gap to non-textile professionals; Need a professional structure for chemical business; already formed the chemical association in Bangladesh and they will work on policy issues with the government.
The speakers also said this dept will help to increase technical knowledge and support the chemical sector. Chemical manufacturers will support all the initiatives of DCE of BUTEX.