[🇧🇩] Plastics Industry in Bangladesh

[Bilal9]

SC bans use of single-use plastic, poly bags at restaurants on court premises

The Supreme Court administration has ordered to stop the use of listed single-use plastic and banned polythene bags at the hotels and restaurants located on the Supreme Court and all other court premises

www.thedailystar.net

SC bans use of single-use plastic, poly bags at restaurants on court premises

View attachment 10256

The Supreme Court administration has ordered to stop the use of listed single-use plastic and banned polythene bags at the hotels and restaurants located on the Supreme Court and all other court premises.

A notification has been issued to this effect on November 2.

The notification, signed by Registrar General of the Supreme Court Aziz Ahmad, said that the Ministry of Environment, Forests and Climate Change proposed to stop the use of single-use plastic and prohibited polythene bags at the hotels and restaurants located on the court premises across the country and sought sincere cooperation from the Supreme Court in this regard.

In this situation, the use of single-use plastic and prohibited polythene bags at the hotels and restaurants on the SC premises has been stopped and use the of alternative products has been suggested by the ministry.

Alternative products proposed by the ministry:

The proposals are using files and folders made of paper or other eco-friendly materials instead of plastic files, and folders; using cotton/jute fabric bags instead of plastic bags; using glass bottles and glass glasses instead of plastic water bottles; using banners made of cotton fabric, jute fabric or biodegradable material instead of plastic banners; avoiding plastic laminated in invitations, visiting cards and various types of promotional materials; ensuring that food packets supplied in various meetings/seminars are paper/eco-friendly; avoiding all types of products including single-use plastic plates, glasses, cups, cutlery; using pencil/paper pen instead of a plastic pen; avoiding the use of laminated wrappers and plastic in all types of publications including annual reports, and stopping the use of plastic in flower bouquets.

According to this notification of the Supreme Court administration, environmental pollution is the most discussed and worrying issue in the world today.

"Overall, environmental pollution including air pollution, plastic pollution, and water pollution has taken a severe form in our country. The current government is committed to controlling this pollution. Bangladesh is committed to preventing environmental pollution, protecting biodiversity and dealing with the impact of climate change in the light of the Environmental Protection Act 1995 and other related laws and regulations and various international laws. In this context, the government has taken various useful steps to control plastic pollution," said the notification.​

Another mandate with nothing as far as "teeth" to enforce it. Even in the court premises. SMH.

 

[Saif]

Four-day int’l plastic fair begins

Commerce adviser Sk Bashir Uddin on Wednesday said that the plastic products could play an important role in tapping the potentials for diversifying further the country’s exportable items...

www.newagebd.net

Four-day int’l plastic fair begins
Bangladesh Sangbad Sangstha . Dhaka 12 February, 2025, 23:18

Commerce adviser Sk Bashir Uddin, secretary Md Abdur Rahim Khan, SAARC Chamber of Commerce and Industry president Md Jasim Uddin, FBCCI administrator Md Hafizur Rahman, BPGMEA President Mr. Samim Ahmed and Yorkers Trade and Marketing Service Company Limited overseas director Akai Lin, among others, inaugurate the 17th Bangladesh International Plastics Fair 2025 at Bashundhara International Convention City in the capital Dhaka on Wednesday. | Press release

Commerce adviser Sk Bashir Uddin on Wednesday said that the plastic products could play an important role in tapping the potentials for diversifying further the country’s exportable items.

He came up with this remark as chief guest at the inaugural session of a four-day 17th International Plastic, Packaging and Printing Industrial Fair at the Bashundhara International Convention City in the capital Dhaka.

Bashir said, ‘We need to set our policies in light of reality. In return, we will prevent bad plastic and live with good plastic. We must responsibly strive to increase the production and use of good plastics.’

He said that Bangladesh was going to graduate from the least developed countries in November 2026. As a result, the preferential access that the country enjoys in terms of exports would not be there, said a commerce ministry press release.

The government will also not be able to provide any incentives, the commerce adviser said, adding, ‘In this case, the country needs to increase its competitive edge to overcome the situation.’

‘We’ve to be competitive in productivity and production costs of commodities. If we don’t have the capacity, we’ll fall into great danger,’ he said.

Deputy project director of Export Competitiveness for Jobs project, Akay Lin of Yorkers Trade and Marketing Service Company Limited, secretary Sheikh Md Abdur Rahman and president of SAARC Chamber of Commerce and Industry Md Jasim Uddin spoke as special guests at the event with KM Iqbal Hossain, senior vice-president of BPGMEA in the chair.

BPGMEA president Shamim Ahmed delivered the welcome address.

Later, the commerce adviser visited various stalls at the fair.

The fair is being organised jointly by the Bangladesh Plastic Goods Manufacturers and Exporters Association and Hong Kong-based Yorkers Trade and Marketing Service Company Limited.

The International Plastic Fair is featuring more than 800 stalls with more than 390 brands from 18 countries.

Companies from China, Germany, India, Italy, Japan, Vietnam, the United Arab Emirates, Turkey, United Kingdom and other countries will showcase their products and technologies at the fair.

It will remain open to visitors from 11:00am to 7:00pm every day.​

 

[Saif]

Plastic exports surge amid rising global demand

The local plastic sector has seen strong export growth in the first eight months of fiscal year (FY) 2024-25, driven by increasing global demand, product diversification, and enhanced production capacity.

www.thedailystar.net

Plastic exports surge amid rising global demand
Shipments go up 21.25% in first eight months of FY25

The local plastic sector has seen strong export growth in the first eight months of fiscal year (FY) 2024-25, driven by increasing global demand, product diversification, and enhanced production capacity.

From July to February in FY25, the sector recorded a 21.25 percent rise in exports compared to the same period in the previous fiscal year.

According to the Export Promotion Bureau (EPB), plastic product exports reached $203.63 million during this period, up from $166.59 million a year earlier.

"European buyers are increasingly turning to Bangladesh to reduce their reliance on China," said Md Jashim Uddin, managing director of Bengal Plastics Limited.

"This shift has allowed Bangladesh to capitalise on the opportunity and expand its global presence," he said.

In 2023, the global plastics market was valued at $712 billion, with a total production of 413.8 million tonnes.

By 2033, the global plastics market is projected to grow to over $1,050 billion, according to the Geneva Environment Network, a cooperative partnership of over 75 environmental and sustainable development organisations based in Geneva.

Jashim Uddin said that the sector could achieve even better results if the business environment remained stable.

He said political unrest had severely impacted the industry, with miscreants destroying three of his factories, including a fully export-oriented manufacturing unit.

As a result, his company lost an $11 million export order from a German buyer. "If my factory had been able to fulfil these orders, the export volume would have exceeded the current figures," he said.

Jashim Uddin added that his company had been unable to contribute to exports for the past seven months due to the damage caused to its factory.

He also pointed out that the ongoing gas crisis and inconsistent power supply were disrupting production and affecting export performance.

Meanwhile, RN Paul, managing director of RFL Group, a subsidiary of Pran-RFL Group, said the sector had seen a significant increase in export orders, especially from new foreign markets.

"While the sector previously focused on European exports, it has now successfully expanded to North America, Australia, and several African nations," he said.

Referring to export growth over the past eight months, Paul said RFL Group alone recorded around 35 percent growth during this period.

The company has also secured around $10 million in advance export orders from North America, further boosting confidence in the industry's future, he added.

The managing director said the sector will continue its upward trajectory as businesses introduce new product categories, such as toys, to diversify their offerings. With more export destinations and expanding product lines, Bangladesh's plastic industry is poised for sustained growth, solidifying its position as a key player in the global market, he added.

Shamim Ahmed, president of the Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA), said Bangladesh currently holds only 0.5 percent of the global plastic market, but exports are steadily growing.

He said exports are expected to rise further as the global market expands.

According to Ahmed, the domestic plastic market is currently worth around $3 billion, with 83.4 percent of production consumed locally and 16.4 percent exported.

He said manufacturers aim to capture a 3 percent share of the global market in the coming years.

Ahmed elaborated on the sector's export potential in toys, bags and sacks, household items, engineering products, and electronic and electrical goods.

He said the sector had experienced double-digit growth in recent years, driven by rising demand from both traditional and new markets.

This growth, he said, is the result of strategic investments in manufacturing, compliance with international quality standards, and government incentives.​

 

[Bilal9]

Plastic exports surge amid rising global demand

The local plastic sector has seen strong export growth in the first eight months of fiscal year (FY) 2024-25, driven by increasing global demand, product diversification, and enhanced production capacity.

www.thedailystar.net

Plastic exports surge amid rising global demand
Shipments go up 21.25% in first eight months of FY25

View attachment 15193

The local plastic sector has seen strong export growth in the first eight months of fiscal year (FY) 2024-25, driven by increasing global demand, product diversification, and enhanced production capacity.

From July to February in FY25, the sector recorded a 21.25 percent rise in exports compared to the same period in the previous fiscal year.

According to the Export Promotion Bureau (EPB), plastic product exports reached $203.63 million during this period, up from $166.59 million a year earlier.

"European buyers are increasingly turning to Bangladesh to reduce their reliance on China," said Md Jashim Uddin, managing director of Bengal Plastics Limited.

"This shift has allowed Bangladesh to capitalise on the opportunity and expand its global presence," he said.

In 2023, the global plastics market was valued at $712 billion, with a total production of 413.8 million tonnes.

By 2033, the global plastics market is projected to grow to over $1,050 billion, according to the Geneva Environment Network, a cooperative partnership of over 75 environmental and sustainable development organisations based in Geneva.

Jashim Uddin said that the sector could achieve even better results if the business environment remained stable.

He said political unrest had severely impacted the industry, with miscreants destroying three of his factories, including a fully export-oriented manufacturing unit.

As a result, his company lost an $11 million export order from a German buyer. "If my factory had been able to fulfil these orders, the export volume would have exceeded the current figures," he said.

Jashim Uddin added that his company had been unable to contribute to exports for the past seven months due to the damage caused to its factory.

He also pointed out that the ongoing gas crisis and inconsistent power supply were disrupting production and affecting export performance.

Meanwhile, RN Paul, managing director of RFL Group, a subsidiary of Pran-RFL Group, said the sector had seen a significant increase in export orders, especially from new foreign markets.

"While the sector previously focused on European exports, it has now successfully expanded to North America, Australia, and several African nations," he said.

Referring to export growth over the past eight months, Paul said RFL Group alone recorded around 35 percent growth during this period.

The company has also secured around $10 million in advance export orders from North America, further boosting confidence in the industry's future, he added.

The managing director said the sector will continue its upward trajectory as businesses introduce new product categories, such as toys, to diversify their offerings. With more export destinations and expanding product lines, Bangladesh's plastic industry is poised for sustained growth, solidifying its position as a key player in the global market, he added.

Shamim Ahmed, president of the Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA), said Bangladesh currently holds only 0.5 percent of the global plastic market, but exports are steadily growing.

He said exports are expected to rise further as the global market expands.

According to Ahmed, the domestic plastic market is currently worth around $3 billion, with 83.4 percent of production consumed locally and 16.4 percent exported.

He said manufacturers aim to capture a 3 percent share of the global market in the coming years.

Ahmed elaborated on the sector's export potential in toys, bags and sacks, household items, engineering products, and electronic and electrical goods.

He said the sector had experienced double-digit growth in recent years, driven by rising demand from both traditional and new markets.

This growth, he said, is the result of strategic investments in manufacturing, compliance with international quality standards, and government incentives.​

In the financial year 2024, the total Cumulative value of different polymers and plastics export from India was USD 7 Billion (excluding specialized engg. plastics etc.)

According to Ahmed, the Bangladesh domestic plastic market is currently worth around $3 billion, with 83.4 percent of production consumed locally and 16.4 percent exported ($490 Million).

He said manufacturers aim to capture a 3 percent share of the global market in the coming years. Which would be worth roughly $21.4 Billion.

This is a tall order and highly optimistic - but possibly achievable in a decade given current trends. Lots of room to grow.

Per capita polymer and plastics consumption in India and Bangladesh are roughly around 8~9 KG per year as reported in 2024, but plastics waste generation is higher in India, recycling is much lower.

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