Monday, 29 May, 2023

RFL starts exporting pipes to the USA

RFL, the country's leading business conglomerate, has started exporting PVC pipes to the USA, greatly contributing to the country’s economy.

Recently, the first consignment of PVC pipes was sent to the USA from the factory of RFL Plastics Ltd. at Palash in Narsingdi district.

Currently, RFL pipes are being exported to six countries, including India, Fiji, and Brunei, according to a press release.

Md. Jahangir Alam, Executive Director of RFL Plastics Limited, said, "In the past, about 90 percent of the total pipes used in Bangladesh were imported from different countries, including China, India, and Malaysia. But now the situation has changed a lot."

"Almost all the pipes used in the country are made by domestic producers. For this reason, our main goal now is to increase the country's export earnings through the export of large quantities of pipes. Because there is a huge demand for pipes all over the world," he said.

"The United States is the largest importer of plastic pipes. In 2021, the country imported plastic pipes worth about $3.37 billion. Therefore, we will make great strides if we capture this pipe market," he added.

The group currently manufactures pipes in PVC, HDPE, PPR, cPVC and Soft PVC or Flexible PVC categories. The total pipe market in Bangladesh is about Tk 6,000 crore annually. Annual growth is approximately 30 percent. RFL is leading the sector.