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Panchagarh Sugar Mills Ltd.

Under Bangladesh Sugar and Food Industries Corporation (BSFIC) , Panchagarh Sugar Mills Ltd. is the oldest industry of the district. The factory is situated in Panchagarh Sadar.

Panchagarh Sugar Mills was set up by the Government in 1965-69 at a cost of Tk.55.55 million. It is near the district Head Quarter of Panchagarh and is the northern most sugar mill in Bangladesh. Machinery and equipment of the sugar mill were supplied by M/S. Stork Werkspoor of Holland. The sugar mill started its trial production in 1969-70. Since independence of Bangladesh (until 2005), the sugar mill has produced 8,536 m. tons of Sugar per annum on average at an average sugar recovery rate of 8.10% from sugarcane.

Highest sugar production was 16,612 m. tons in 1994-95. There are about 31,000 acres of cane-cultivable land in the mill-zone of Panchagarh Sugar Mill of which 10,500 acres per annum on average is brought under sugarcane cultivation.
 

 

Name of the Company :

Panchagarh Sugar Mills Ltd.

Factory Address :

Panchagarh Sadar, Panchagarh, Bangladesh

Year of Establishment :

1969

Date of Incorporation Registration :

20 July 1970

Date of Commencement of Production :

1969-70

Date of Placement under Corporation :

President Order No. 27 of 1972

Status :

Public Limited Company

History of the Company :

Panchagarh Sugar Mills Ltd. was established in the year 1970 under the erstwhile EPIDC and owned by the Government

Operational Structure :

Name of Product
1. Sugar
2. Molasses (By-Product)

Installed Capacity
10,160 MT.
4,500 MT.

No. of shift (s)
3
-

Human Resources :

Officer (Permanent)
Staff (Permanent)

Staff (Seasonal)
Worker (Permanent)
Worker (Seasonal)
Total

48
256
172
192
145
813

Organization :

i) Board of Directors
ii) General Manager
iii) Divisional Manager

Shareholders :

Govt. of Peoples Republic of Bangladesh / BSFI 100%

Sector :

Bangladesh Sugar and Food Industries Corporation - Sugar and Food Sector.

Regulatory Environment :

State Owned Enterprise, regulated by Companies Act 1913.

Current Status :

Running

Total land area (198.46 acres) :

Total Factory
Residential Area
Experimental Farms
Cane Purchase Centre
Land (Commercial Farm)

40.00 acres

26.00 acres

110.85 acres

21.61 acres

Nil

Production :

(2001-2002) 12390 M. Tones

(2002-2003) 9708 M. Tones

(2003-2004) 8011 M. Tones

(2004-2005) 7030 M. Tones

(2005-2006) 10105 M. Tones