# Deshbandhu Group to build $110M plastics plant in Khulna, Bangladesh

Deshbandhu Group plans to set up a plastics plant in Khulna, Bangladesh, at a cost of $103-110 million, with a capacity of 720 tonnes of plastic chips per day. The plant will create 2,000 jobs and use foreign loans from Swiss and German banks.

- Type: New facility
- Announced: 2022-01-07
- Where: Khulna, Bangladesh
- Value: $110.0M
- Jobs: 2,000
- Status: announced
- Capacity: 720 tonnes per day
- Products: PET chips, polyester staple fibre chips
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Deshbandhu Group](https://endata.com/companies/11523.md)

## Sources

- [tbsnews.net](https://www.tbsnews.net/economy/industry/deshbandhu-group-set-110m-plastics-factory-foreign-loans-354355), 2022-01-07: "Deshbandhu Group, one of the leading conglomerates in Bangladesh, plans to set up a gigantic plastics plant at a cost of $103-110 million in Khulna."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.