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Panchagarh Sugar Mills Ltd.
Under Bangladesh Sugar and Food Industries Corporation (BSFIC) , Panchagarh Sugar Mills Ltd. is the oldest industry of the district. The factory is situated in Panchagarh Sadar.
Panchagarh Sugar Mills
was set up by the Government in 1965-69 at a cost of Tk.55.55 million. It is
near the district Head Quarter of Panchagarh and is the northern most sugar
mill in Bangladesh. Machinery and equipment of the sugar mill were supplied
by M/S. Stork Werkspoor of Holland. The sugar mill started its trial production
in 1969-70. Since
independence of Bangladesh (until 2005), the sugar mill has produced 8,536
m. tons of Sugar per annum on average at an average sugar recovery rate of
8.10% from sugarcane.
Highest sugar production was 16,612 m. tons in
1994-95. There are about 31,000
acres of cane-cultivable land in the mill-zone of Panchagarh Sugar Mill of
which 10,500 acres per annum on average is brought under sugarcane cultivation.
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Name of the Company : |
Panchagarh Sugar Mills Ltd. |
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Factory Address : |
Panchagarh Sadar, Panchagarh, Bangladesh |
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Year of Establishment : |
1969 |
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Date of Incorporation Registration : |
20 July 1970 |
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Date of Commencement of Production : |
1969-70 |
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Date of Placement under Corporation : |
President Order No. 27 of 1972 |
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Status : |
Public Limited Company |
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History of the Company : |
Panchagarh Sugar Mills Ltd. was established in the year 1970 under the erstwhile EPIDC and owned by the Government |
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Operational Structure : |
Name of
Product |
Installed Capacity |
No. of
shift (s) |
| Human Resources : |
Officer
(Permanent)
Staff (Seasonal) |
48 |
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| Organization : |
i) Board
of Directors |
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Shareholders : |
Govt. of Peoples Republic of Bangladesh / BSFI 100% |
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Sector : |
Bangladesh Sugar and Food Industries Corporation - Sugar and Food Sector. |
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Regulatory Environment : |
State Owned Enterprise, regulated by Companies Act 1913. |
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Current Status : |
Running |
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| Total land area (198.46 acres) : |
Total Factory |
40.00 acres 26.00 acres 110.85 acres 21.61 acres Nil |
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| Production : |
(2001-2002) 12390 M. Tones (2002-2003) 9708 M. Tones (2003-2004) 8011 M. Tones (2004-2005) 7030 M. Tones (2005-2006) 10105 M. Tones |
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