Home / Knowledge / News / Textiles / Esquire aspires to fly high with new chemical plant
Esquire aspires to fly high with new chemical plant
Aug '08
Esquire Group, which had moved to diversified textile businesses, is ready to set up a new chemical base in Dhaka. The new environment friendly plant by Esquire Chemical Industries Ltd (ECIL) will produce Hydrogen peroxide that is mostly required by the dyeing industry.

In an exclusive interview with Fibre2fashion, Dr Salim Newaz, Plant Manager, Esquire Chemical Industries Ltd, stated, “The cost of this plant will be nearly Taka1800 million. Of this, around Taka1260 million is term loan, which the company will receive from eleven different Banks of Bangladesh. The Hydrogen Peroxide Chemical Plant of Steam Reforming and Auto oxidation process is under construction in Gazaria, Munshiganj, Dhaka.”

The Plant Manager further asserted, “The unit will have capacity of producing around 60 tons of Hydrogen peroxide per day. This chemical is a bleaching agent and is used in industries like dyeing and textile, paper pulp and leather. The product is expected to be available in the market by the end of 2009 and is eco friendly in nature.”

There is a huge demand for Hydrogen peroxide in domestic market and the nation has to import it from various countries. However, once this plant starts its manufacturing process, it will earn huge profits by catering the ever rising demand made by local entrepreneurs.

Esquire plans to fulfill nearly 20 percent of domestic demand along with other local companies. It is also eying the Indian market as the country has put a ban on chlorine and bleaching powder due to the harm they cause to the environment.

Fibre2fashion News Desk - India

Must ReadView All

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Teejay Lanka

Textiles | On 25th May 2018

Teejay Lanka doubles production capacity at Indian mill

Teejay Lanka, one of Sri Lanka’s largest textile manufacturers, has...

Courtesy: Messe Frankfurt/Yarn Expo Autumn edition

Textiles | On 25th May 2018

Yarn Expo Autumn 2018 scheduled earlier

Over 500 exhibitors are expected at the Yarn Expo Autumn 2018, being...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search