Petromax LPG, just launched to engage in liquefied petroleum gas (LPG) import, storage, bottling and marketing in Bangladesh to meet the growing demand of the energy sector on April 28, 2018 at Bangabandhu International Conference Hall in Dhaka.
Nasrul Hamid, State Minister for Power, Energy and Mineral Resources was present as chief guest in the inaugural ceremony.
Among others, lawmakers Dr M Habibey Milliat and Mahfuzur Rahman, chairman of Youth Group and Petromax LPG Ltd Rejaqul Haider and managing director of Youth Group Feroz Alam spoke on the function.
Petromax LPG Limited has already set up a LPG filling and bottling plant with total 6500 MT storage facility. 5500 MT storage facility is at main terminal at Mongla and 1000 MT in satellite plant in Rupganj, Dhaka.
The plant is equipped with fully automated and high capacity filling system with 10 million cylinder bottling capacity annually. State-of-the-art DOT 4BA 240 international standard cylinder manufacturing Plant in Tangail with 5,50,000 units production capacity annually has also established to reduce dependence on cylinder import.
For nationwide and industrial distribution Petromax LPG already engaged 1 LPG Berge and 6 Bulk LPG Road Tanker.
The cylinders will be available in 2 different sizes- 12Kg and 35 Kg.
For the last 38 years, Youth Group has invested in RMG, power and energy sector and has contributed to the economic development of the country.