Sustainability
Analysis of wastes from these types of chemical industries all over the world reveals that they do not produce any by-product, which is harmful for the environment. And also there is no ban
on this type of chemical industry and their manufacturing process in the world including our neighboring countries. The Promoters however will obtain necessary permission/clearance from the Department of Environment, Government of the Peoples’ Republic of Bangladesh for setting up the project.
Rapid Economical growth of the country has created an opportunity for the fuel refinery industries in the country. As a result of this in the last decade oil refinery sector have grown faster than any other industrial sector in the country. With the huge development of the industrial sector, increased of Motor cars and developed transportation systems demand for the different type of petroleum products has grown rapidly. But due to the absence of proper quality products and lack of production most of the demand of the petroleum products are being met through import.
Private investors may also consider the following marketing strategies for the refined products
of the project:
- To ensure the maximum availability of finished products, particularly Diesel which is a essential for all the industries as alternative power generation..
- Others two products Octane & Fuel Gas will sell in local market.
- A possible use of Octane for vehicles considered as an environment friendly automotive fuel.