Bangladesh Petrochemical Company Limited (BPCL) is pioneering the concept of creating worth out of waste in Bangladesh being the first
and only post-consumer PET bottle recycling plant of the nation. Its operations epitomize the ‘recover and recycle’ business model in which
post-consumer PET bottles that used to be considered waste is revived for new use. Starting its operation in July 2012, BPCL has set up a
plant that is capable of producing 10,500 metric tons (MT) of recycled PET resin per year using used PET bottles as raw materials.
BPCL is more than a PET resin producer. We are a company with an environmental commitment to lessen greenhouse gas emissions and a
social commitment to improve the life of waste pickers.
BPCL goal is to improve the environment, eradicate child labor and bring fairness in the supply chain of recycling.
BPCL- Creating change, one recycle at a time.
Bangladesh Petrochemical Company Limited (BPCL) is the first and only post-consumer PET recycling bottle plant in the nation. Pioneering the concept of turning everyday waste into something valuable, BPCL embodies a ‘recover and recycle’ business model. We are capable of producing 10,500 metric tonnes (MT) of recycled PET resin per year primarily utilizing used PET bottles as raw materials.
BPCL only needs 12% of the locally available discarded PET bottles to operate at full capacity. The one-time-use PET bottles are bought at internationally competitive prices and supplied to international and national bottling plants and PSF manufacturers in the form of rPET resin, flakes and amorphous.
BPCL strives to create a positive social and environmental impact by promoting sustainability through plastic recycling.
The discarded PET bottles used by BPCL are recycled to become valuable and usable manufacturing input, saving 130,000 m3 of landfill space and 21,000 MT of PET bottles being dumped into the soil, drains, and rivers. Our operations are reducing the demand for virgin PET bottles in the process of lowering hazardous greenhouse gas emissions, hence scaling down the most concerning impact of global warming. We have become the import substitute by bringing down the import of PET resins to support local demands.
BPCL has already generated 400+ local jobs at our recycling facility and will create additional 500+ jobs as its activities expand. The waste PET bottles used as raw materials are sourced from small-scale suppliers, providing an income double the income for 40,000 people. The 200,000 waste pickers and sorters in the bottle distribution chain have assured job security while BPCL is in operation. Thus we are helping in poverty alleviation too.
BPCL is developing a pragmatic social engagement plan targeting labor, especially child labor working in poor conditions within its supply chain.
Infrastructure Development Company Limited (IDCOL) was established on 14 May 1997 by the Government of Bangladesh. The Company was licensed by the Bangladesh Bank as a non-bank financial institution (NBFI) on 5 January 1998. Since its inception, IDCOL is playing a major role in bridging the financing gap for developing medium to large-scale infrastructure and renewable energy projects in Bangladesh. The company now stands as the market leader in private sector energy and infrastructure financing in Bangladesh.
Trust Bank Limited is one of the leading private commercial banks having a spread network of 108 branches & SME centers, 175 ATM Booths, over 20,000 Paypoints and 65 POS in 55 Branches across Bangladesh and plans to open more branches to cover the important commercial areas in Dhaka, Chittagong, Sylhet and other areas in 2016.
Multimode Group is one of the biggest national conglomerates in Bangladesh operating in industries as diverse as agriculture, banking, consumer goods, energy, hospitality, insurance, manufacturing, real estate, IT and telecommunication, textile, and transportation.
Defta Partners is a venture capital firm. The firm has assisted entrepreneurs from around the world in building companies that transform industries, create markets and ultimately generate superior economic returns for their investors. DEFTA Partners has the international presence, perspective, experience and network that are required to make a mark in the global business arena.
NFM Energy Limited. NFM Energy Limited is one of the industry leaders in gas drilling exploration sharing interests and investments in Chevron Bangladesh Ltd. It is engaged in Gas Exploration of blocks 12, 13 and 14.
EFSA
US FDA
GRS
ISO 9001:2015
BPCL
Our HQ is located in Dhaka, a global business hub.
Our locations
The European Food Safety Authority is the keystone of European Union risk assessment regarding food and feed safety. EFSA provides independent scientific advice and clear communication on existing and emerging risks.
The Food and Drug Administration (FDA) was created to set standards for the safe production and storage of food, beverages and drugs, preparation equipment and packaging materials — including plastic.
GRS Certification (Global Recycling Standard) is an international, voluntary, and comprehensive product standard that addresses supply chain manufacturers’ product recovery/regeneration components, regulatory chain controls, social responsibility and environmental regulations, and chemical restrictions.
ISO 9001 is defined as the international standard that specifies requirements for a quality management system (QMS). Organizations use the standard to demonstrate the ability to consistently provide products and services that meet customer and regulatory requirements.
