The country’s paper industry has been maintaining an annual growth of around 20 percent, sector insiders have said.
Bashundhara Group Deputy Managing Director Mustafizur Rahman informed that the local paper mills produce paper and paper products three times the demand in the local market.Mustafizur, also the chairman of the Export and Marketing Committee of Bangladesh Paper Mills Association (BPMA), disclosed this while inaugurating the 4th Paper Tech Expo at International Convention City Bashundhara (ICCB) in the city on Thursday.
Some 150 companies from more than 15 countries are taking part in the international exposition. Around 60 local entities are participating in the expo.
BPMA and Bangladesh Expo and Conference (BEC) are jointly organising the three-day exposition of products and services offered by the pulp and paper sector.
The daily sun is one of the media partners of the expo.
Addressing the inauguration of the Paper Tech Expo, Mustafizur Rahman said Bangladesh has experienced significant growth in paper industry thanks to proper policy support from the government.
"There are 128 paper mills in the country of which 108 are currently in production. The authorities concerned should take measures to make sure that all paper mills are in production," Mustafizur said.He also informed that Bashundhara Paper Mills has added a new tissue unit to its Narayanganj plant to meet rising demand for its products in local and international markets.
Mustafizur urged the businesses to explore new export markets in addition to China and India.
Mentioning that the government provides subsidiary to the paper sector, the BPMA export committee chief also urged the authorities concerned to encourage local paper manufacturers to expand footprints in the international market.
The Paper Tech Expo will provide a unique platform to showcase the latest innovation in pulp and paper, machinery equipment and accessories, packaging equipment and devices as well as converting and machinery, said the organisers.
The exposition comprises of four exhibitions - PaperTech, TissueTech, PrintPack and PaperChem.
Bangladesh Council for Scientific and Industrial Research (BCSIR) Chief Scientist Sarwar Jahan was a special guest at the launching event. BEC Managing Director Shakhawat Hossain and Asian Expo and Conference (AEC) Chief Executive Syed Mahabubul Alam also spoke at the function.
The BCSIR chief scientist said Bangladeshi researchers have good records in work on pulp and paper industry.
“From our side, we have been working together with industry stakeholders to introduce innovations and technology to local producers. Such kind of exhibition will help entrepreneurs to share knowledge and innovation,” he added.
BEC Managing Director Shakhawat Hossain said: "This is the largest exposition of product and innovations in paper and pulp industry. We want to showcase our capacity to the global players. Besides, the entrepreneurs will get opportunities to share knowledge with foreign experts".
He also said the expo will connect the backward as well as forward linkage to the entire paper industry.
AEC Chief Executive Syed Mahabubul Alam said the expo has become a unique platform for the stakeholders in the paper industry.
Paper producers in Bangladesh import raw materials, including pulp of all types from countries like Indonesia, Singapore, Germany, Canada, Finland, Sweden, Brazil, Chile, and the US.
The expo will remain open for all from 10:00am to 7:00pm till Saturday.