Current Boro season unlikely to face urea deficit

The current Boro season is unlikely to face supply shortage of urea fertiliser due to its enough stock to meet the demand.

The stock would be 777,777 tonnes at present after supplying 1,436,831 tonnes till January 20 of the current fiscal year. At the same period last year, the supply of urea was 1,243,831 tonnes.

Senior officials of Bangladesh Chemical Industries Corporation (BCIC) apprised of the supply-stock position of the essential agriculture input at a meeting with Industries Minister Amir Hossain Amu at the ministry in Dhaka yesterday, said a press release.  

The minister assured BCIC of ensuring uninterrupted supply of gas to the fertiliser factories on a priority basis as it is related to national food security. 

He, however, asked the officials to take strict administrative measure to prevent misuses and irregularities at the factories under the corporation. The ministry would provide them all out cooperation in this regard.

AMU stressed the need for taking realistic and innovative initiatives to reopen the closed factories of BCIC. He also emphasised on taking effective steps to reopen potential factories, including Dhaka Leather Company Limited.

The minister assured positive decision from his ministry even in case of any proposal like joint-venture with the private sector. 

The meeting was told that BCIC would reopen Chittagong Chemical Complex (CCC) at a cost of Tk114 crore in December next. Besides, a feasibility study is being conducted on setting up an energy-efficient fertiliser factory at Ghorashal.