GPH Ispat to invest Tk 17b for large scale expansion

GPH Ispat Ltd decided to go for large scale expansion plan and enhanced the production capacity of MS Billet and MS Rod by installing ultra-modern machineries with a cost of Tk 17 billion.
“The board of directors of GPH decided to make an agreement with Primetals Technologies Austria Gmbh, Austria (a joint venture of Siemens and Mitsubishi Heavy Industries & Partners) for supplying of machineries,” said Mohammed Jahangir Alam, managing director of GPH Ispat, while sharing the details on the expansion plan with the journalists yesterday.
The enhancement of production capacity will be added to the existing annual capacity of 168,000 MT MS Billet and 120,000 MT MS Rod, he said.
After expansion, the total capacity will reach to 1,008,000 MT in case of MS Billet whereas the capacity of MS Rod and medium section product will be 760,000 M. ton per annum, said the managing director.

GPH Ispat to invest Tk 17b for large scale expansion

GPH Ispat Ltd decided to go for large scale expansion plan and enhanced the production capacity of MS Billet and MS Rod by installing ultra-modern machineries with a cost of Tk 17 billion. The board of directors of GPH decided to make an agreement with Primetals Technologies Austria Gmbh, Austria (a joint venture of Siemens and Mitsubishi Heavy Industries Partners) for supplying of machineries, said Mohammed Jahangir Alam, managing director of GPH Ispat, while sharing the details on the expansion plan with the journalists yesterday. The enhancement of production capacity will be added to the existing annual capacity of 168,000 MT MS Billet and 120,000 MT MS Rod, he said. After expansion, the total capacity will reach to 1,008,000 MT in case of MS Billet whereas the capacity of MS Rod and medium section product will be 760,000 M. ton per annum, said the managing director.