| BOC
Bangladesh Limited is both an old and a relatively
new company. Old because it has been present in
what is now Bangladesh, in one form or the other,
since the days of British India. New, because
it was registered under its own identity only
in 1973. The Company began, after the independence
of Bangladesh, with a modest turnover of a little
over Tk 6 million. The turnover in 1999 exceeded
Taka 1 billion.
BOC
Bangladesh Limited started out as Bangladesh Oxygen
Limited with 3 small Oxygen plants and Dissolved
Acetylene plants, one of each in Dhaka, Chittagong
and Khulna. In addition, it had an operating contract
to run the Oxygen plants of Chittagong Steel Mills
(CSM), which is still there today. For the manufacture
of Welding Electrodes the Company had only one
very small extruder.
From
inception, the Company had remained the sole supplier
of Medical Oxygen in the Country. In the
mid 70’s a Nitrous Oxide plant still the only
one in Bangladesh, was imported and installed
in Dhaka to provide the nation with this vital
anaesthetic gas. Later in the decade a Carbon
Dioxide plant was bought and installed in Dhaka
and this was the first in the Country to produce
dry ice. In the early 80’s the first liquid gas
plant was imported from New Zealand and again
installed in Dhaka, where the demand for Oxygen
was concentrated.
Shortly
after that came the first boom in ship-cutting
and demand for Oxygen “went through the roof.”
The Company invested immediately in additional
compressing capacity for the surplus Oxygen at
CSM while simultaneously pursuing the Government
to permit it to invest in new production capacity.
Eventually the Company was permitted to import
a 400 cubic metres per hour air separation plant
from Australia, capable of producing Liquid Oxygen,
Nitrogen and, for the first time in Bangladesh,
Argon. This was installed in Chittagong, essentially
to feed the ship cutting market on the beach.
In the early 90’s booster was added to this to
increase output, pending investment in further
capacity.
Meanwhile,
the welding business of the Company was also growing
fast and in the early 80’s a state of the art
RAM extruder was added to the production line,
dramatically improving output and quality of electrodes.
The Company, in another innovative move, invested
in a wire drawing machine for the electrode factory.
A second RAM was added in the late 80’s to keep
up with demand.
The
Company went “public” in 1985 when the Government
renounced its right shares in favour of the public.
Today, BOC Bangladesh is one of the premier companies
in the Country.
The
90’s witnessed another change in the fortunes
of the Company with deregulation and liberalisation
of the economy. A site was specially purchased
at Rupganj, near Dhaka, where the Company installed
a 30 tonnes per day air separation plant, the
largest in the country. The US made plant produces
Oxygen, Nitrogen and Argon and is technologically,
as advanced as any in the world. It came on stream
in 1995.
At
the same time, the Company also invested in a
modern integrated welding electrode plant, made
by the largest welding electrode manufacturers
in the world, which was imported and installed
at the new site in Rupganj. A technical collaboration
arrangement was also made with the suppliers ESAB
AB of Sweden and the plant went into production
in 1995. Welding business received ISO 9002 certification
in the following year. A distribution agreement
has been signed with world class Welding Company,
The Lincoln Company of USA.
Bangladesh
Oxygen Limited changed its name to BOC Bangladesh
Limited in March 1995 in line with a world-wide
programme of the BOC Group.
In March 1998 a second line of production was
added to the integrated Welding Electrode Factory
at Rupganj, doubling the capacity. Same year,
in November 1998 a new site with a 20 TPD liquid
plant was acquired in Shitalpur, Chittatgong.
In the same site another 30 tonnes per day liquid
air separation plant identical to one at Rupganj
was commissioned in June 2000.
During
the years 2000 and 2001 the Company has enhanced
its Nitrous Oxide and Carbon Dioxide production
capacity through installation of a Carbon Dioxide
plant and adding ancillaries to the existing
Nitrous Oxide plant.
The
BOC Group, of which BOC Bangladesh Limited is
a member, has its headquarters at Windlesham in
the UK. It employs nearly 43,000 people and contributes
to the economies of nearly 60 countries world-wide,
with a turnover of £ 3.8 billion.
Mr.
Waliur Rahman Bhuiyan
Managing Director
8821240-5 (PABX)
8821419
E-mail:wali@bocbangladesh.com
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