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BSRM
The Bangladesh Steel Re-Rolling Mills Ltd., commonly known as BSRM, is a Bangladeshi steel manufacturing company based in Chittagong. It is the largest construction steel manufacturer company in Bangladesh. History In 1952, five Indian businessman named Akberali Africawala, Alibhai Africawala, Taherali Africawala, Abdul Hussain Africawala, and Rajabali Africawala, set up the first BSRM steel re-rolling mill of the then East Bengal in Nasirabad, Chittagong. It started its journey with four manual rolling mills. In 1970 the manual rolling mills were replaced with the state-of-the-art Italian built rolling mill. In 1996, the company installed and commissioned their billet casting plant under the name "Meghna Engineering Works Limited". In July 2002, BSRM Group incorporated a new company, BSRM Steels Ltd, to fund and operate a turnkey re-rolling mill from Italian supplier Danieli. Construction of the plant began in 2005 on 11 acres just off the Dhaka-Chittaong Highway at Latifpu ...
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Chittagong
Chittagong ( /ˈtʃɪt əˌɡɒŋ/ ''chit-uh-gong''; ctg, চিটাং; bn, চিটাগং), officially Chattogram ( bn, চট্টগ্রাম), is the second-largest city in Bangladesh after Dhaka and third largest city in Bengal region. It is the administrative seat of the eponymous division and district. It hosts the busiest seaport on the Bay of Bengal. The city is located on the banks of the Karnaphuli River between the Chittagong Hill Tracts and the Bay of Bengal. The Greater Chittagong Area had a population of more than 5.2 million in 2022. In 2020, the city area had a population of more than 3.9 million. One of the world's oldest ports with a functional natural harbor for centuries, Chittagong appeared on ancient Greek and Roman maps, including on Ptolemy's world map. It was located on the southern branch of the Silk Road. In the 9th century, merchants from the Abbasid Caliphate established a trading post in Chittagong. The port fell to the Muslim co ...
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GPH Ispat
GPH Ispat Limited ( bn, জিপিএইচ ইস্পাত লিমিটেড) is a public limited steel manufacturing company based in Chittagong, Bangladesh. Name GPH is the acronym of "God fearing", "Plain living" and "High Thinking". Ispat is the transliteration of the Bengali word ''ইস্পাত'' which means Steel. History The company was founded on 17 May 2006 and started its operation in 2008. It was listed as a public limited company in 2012. In 2016, the company started its expansion project in Sitakunda, Chittagong in association with Primetals Technologies, a joint venture of Siemens VAI and Mitsubishi Heavy Industries & Partners as the equipment supplier. The company invested around US$200 million for the 0.8 MTPY steel manufacturing facility. The new mill uses a Quantum electric arc furnace, a ladle furnace, a three-strand, high-speed continuous billet caster, and a bar and section mill. It uses WinLink Flex technology for rolling mill for th ...
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Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali, one of the easternmost branches of the Indo-European language family. Bangladesh forms the sovereign part of the historic and ethnolinguistic region of Bengal, which was divided during the Partition of India in ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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Bangladeshi Taka
The Bangladeshi taka ( bn, টাকা, currency sign, sign: , ISO 4217, code: BDT, Short form (linguistics), short form: Tk) is the currency of the Bangladesh, People's Republic of Bangladesh. In Unicode, it is encoded at . Issuance of bank notes 10 and larger is controlled by Bangladesh Bank, while the 2 and 5 banknotes are the responsibility of the Ministry of Finance (Bangladesh), ministry of finance of the government of Bangladesh. The banknotes of Tk. 2 and Tk.5 have mostly been replaced by coins while lower denomination coins (including all poysha coins) up to Tk. 1 have almost gone out of circulation due to inflation. The most commonly used symbol for the taka is "" and "Tk", used on receipts while purchasing goods and services. It was formerly divided into 100 paisa, poysha, but poysha coins are no longer in circulation. Etymology According to ''The American Heritage Dictionary of the English Language'' and ''Banglapedia'', the word ''taka'' came from the Sanskrit ...
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Steel Companies Of Bangladesh
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ele ...
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Manufacturing Companies Based In Chittagong
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Manufacturing Companies Established In 1952
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Chittagong Stock Exchange
The Chittagong Stock Exchange ( bn, চট্টগ্রাম স্টক এক্সচেঞ্জ) is a stock exchange based in the port city Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside the Dhaka Stock Exchange. Established in 1995, the exchange is located in the Agrabad business district in downtown Chittagong. It has a combined market capitalization of over US$ 38 billion as of 2020. Timeline *1 April 1995 CSE incorporated as a company. *10 October Floor trading started in cry out system. *4 November 1995 formally opened by then former Prime Minister Begum Khaleda Zia. *30 May 2004 Internet based Trading system opened. *8 July 2015 CSE launched new brand logo. Trading hours Market opens at 09:30 am local time. Market closes at 01:50 pm local time. 2010-11 crash The bullish market turned bearish during 2010, with the exchange losing 1,800 points between December 2010 and January 2011. Millions of investors have been ren ...
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Dhaka Stock Exchange
The Dhaka Stock Exchange (DSE) ( bn, ঢাকা স্টক এক্সচেঞ্জ ''Dhaka stôk ekschenj''), located in Nikunja, Dhaka, is one of the two stock exchanges of Bangladesh, the other being the Chittagong Stock Exchange. In 2021, the combined market capitalisation of listed companies on the Dhaka bourse stood at over $68 billion. History First incorporated as East Pakistan Stock Exchange Association Ltd on 28 April 1954 and started formal trading in 1956. It was renamed as East Pakistan Stock Exchange Ltd on 23 June 1962. Again renamed as Dacca Stock Exchange Ltd on 13 May 1964. After the liberation war in 1971 the trading was discontinued for five years. In 1976 trading restarted in Bangladesh, on 16 September 1986 DSE was started. The formula for calculating DSE all share price index was changed according to IFC on 1 November 1993. The automated trading was initiated on 10 August 1998 and started on 1 January 2001. A central securities depository sys ...
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N1 (Bangladesh)
The N1 or Dhaka–Chittagong Highway is a main transportation artery in Bangladesh, between Dhaka and Chittagong. Approximately in length, the road links the country's two largest cities, Dhaka and Chittagong. The highway is known along various stretches as the Chittagong–Cox's Bazar Highway and the Cox's Bazar–Teknaf Highway. Currently four lanes with a eight-lane expansion underway, the N1 is the busiest road in the country and a top development priority. Construction of a larger Dhaka-Chittagong expressway has been proposed to decrease traffic on the highway. Background When constructed, the highway was limited to two lanes of traffic for most of its length. Traffic jams or tailbacks of have been reported. In 2009, it was estimated that daily usage of the highway was 20,000–25,000 motorised vehicles, up 40% of which were trucks. The Roads and Highways Department (RHD) of the Ministry of Communication is expanding the Dhaka–Chittagong stretch to four lanes. The tar ...
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Latifpur
Latifpur ( bn, লতিফপুর ''Lotifpur'') is a village in Chittagong District in the Chittagong Division of southern Bangladesh. It is situated in Salimpur Union, which until 2013 was in Sitakunda Upazila Sitakunda ( bn, সীতাকুণ্ড ''Shitakunḍo,'' ) is an upazila in the Chattogram District of Chattogram Division, Bangladesh. It includes one urban settlement, the Sitakunda Town, and 10 unions. Sitakunda is the home of the co .... In January 2013, four new thanas were created in Chittagong District. Latifpur is now in Akbarshah Thana. Salimpur is situated at the north, Colonelhat at the south and Bay of Bengal situated at the west. Two port connecting road highway and railway passes through Latifpur. High school, primary school sets of kindergarten are situated in this area. References Chittagong District Populated places in Chittagong Division {{Chittagong-geo-stub ...
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