A commemorative postage stamp on the Inauguration of the Ghorasal Polash Urea Fertilizer Public Limited Company, largest fertilizer factory in Bangladesh by Honorable Prime Minister Sheikh Hasina at Polash Upazila, Narsingdi :

Issued by Bangladesh

Issued on Nov 12, 2023

Issued for : To mark the event Bangladesh Post has issued a Commemorative Stamp of Tk. 10 (ten), a First Day Cover of tk. 10 (ten), a Data Card of Tk. 5 (five) and a Special Canceller.

Designer (Stamp & FDC) : Mr. Boni Adam

Designer (Canceller) : Mr. Sumato Kumar

Type : Stamp, Mint Condition

No. of Stamp : 01 (One) Piece

Color : Multicolor

Denomination of Stamp : Tk. 10/- (Ten)

Size of Stamp : 32 mm x 48 mm

Perforation of Stamp : 12.5

Qnt of Stamps : 1,00,000 (One Lac) pcs

Process of Printing : Offset

Printer : The Security Printing Corporation (Bangladesh) Ltd., Gazipur-1703

About : 

• In order to meet the national demand of Urea to guarantee that farmers to have access fertilizer at reasonable prices to ensure food security focus was given to the abnormal increase in gas consumption per ton of Urea production, downtime, and maintenance frequency in the Urea Fertilizer factories located in Polash Upazila of Narsingdi District as the factories became very old. In light of the Honorable Prime Minister’s visit on 24 August 2014 to the Ministry of Industries she said, “Priority should be given to the delivery of gas to both public and commercial companies, particularly those that produce fertilizer. In order to replace the current, outdated refinery, BCIC must build a new refinery using energy-efficient technology. In the Polash and Ghorashal fertilizer industries, new machineries should be installed in place of outdated equipment in an effort to swiftly boost productivity”.
• The Ministry of Industries set up the “Ghorashal Polash Urea Fertilizer Project” in accordance with the aforementioned directives. Subsequently, in order to carry out the project, it was last modified on April 11, 2015, utilizing the Bidder Financing method. The Committee on Economic affairs of the Cabinet granted permission M/S MITSUBISHI Heavy Industries Limited (MHI), Japan and China National Chemical Engineering No. 7 Construction Co. Ltd. (Cc7).
• As a government priority project and for obtaining international commercial loans on July 11, 2019, the foreign commercial loan proposal for the Ghorashal Polash Urea Fertilizer Project, which was filed by M/S MHI, Japan, and CC7, the China Consortium, were authorized at the Standing Committee on Non-Concessional Loan meeting under the program. Commercial loans are offered by the following banks:
  • Japan Bank for International Cooperation (JBIC)
  • Hongkong and Shanghai Banking Corporation Limited (HSBC)
  • Bank of Tokyo-Mitsubishi UFJ Ltd. (MUFG)
• It is to be noted that loans offered by HSBC and MUFG banks are protected by Nippon Export and Import Insurance (NEXI) and the Multilateral Investment Guarantee Agency (MIGA).
• Polash Urea Fertilizer Factory Limited (PUFFL), situated in Polash Upazila of Narsingdi District, was established on 09/10/2018 with the goal of producing granular Urea that is energy-efficient and has a capacity of 2800 mt tons per day (9 lakh 24 thousand mt tons per annum) as part of the GPUFP project that was approved in the ECNEC meeting. Following the conclusion of all relevant official procedures on October 24, 2018 contract was signed between M/S MHI, Japan, and CC7, China Consortium, the project’s general contractor. This project makes use of machinery and parts produced in highly developed nations like Germany, Italy, and Japan. This project has made use of cutting-edge technology from the current, well-known process licensor. This will enable the plant to run continuously and produce more Urea while consuming comparatively less natural gas. Furthermore, this factory has a control room from which all of the plants are supervised. Consequently, compared to other factories, it will be easier to operate.
• This factory is environmentally friendly. A Green Fertilizer Factory defines what it is. By collecting and utilizing the carbon-dioxide gas released by the primary reformer, it will be feasible to enhance the production of Urea by 10%. The project makes use of a double-layer full-integrity ammonia storage tank. In addition, a top-notch ETP, or waste water treatment plant, ensures that liquid waste complies with environmental regulations before being dumped into the river. In accordance with MIGA’s guidelines, different businesses (municipalities, registered vendors, etc.) also separate and dispose of solid waste at specified locations.
• After the implementation of project per day 2800 mt tons of granular Urea will be produced. With cutting-edge machinery that can produce granular Urea that is environmentally friendly and energy-efficient, this plant is anticipated to be crucial in addressing the nation’s Urea shortage and rising demand. The project will establish Bangladesh’s largest granular Urea plant, saving a significant amount of foreign exchange, decreasing reliance on fertilizer imports, boosting agricultural self-sufficiency, and generating employment opportunities. The country’s economy will benefit greatly from this factory in terms of trade and commerce, agricultural economy, and agricultural production.
  

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