Debonair Group is going to start large-scale production of Polyester Staple Fibers (PSF), the raw material for making synthetic fabrics and jackets from used plastic bottles.
Debonair Synthetic Fiber Ltd (DSFL), a sister-concern of fully export-oriented jacket producing company Debonair Group, has been set up to produce 1,200 tonnes of fiber per month from waste plastic bottles to reduce its dependence on imported PSF.
The new facility of the garment group established on 45 bighas of land in Bhaluka at a cost of Tk 240 crore, said Mohammed Ayub Khan, Managing Director of Debonair Group.
The company will no longer need to depend on imports, mainly from China, worth some $55 million annually, he said.
The factory is under construction at Bhaluka in Mymensingh on a 100-bigha plot of land. Production is expected to start in November, 2020.
The project is being implemented with DSFL's own financing worth about Tk150 crore.
Debonair Group has also signed an agreement with Infrastructure Development Company Limited (IDCOL) and IDLC Finance Limited (IDLC) to provide low-cost and long-term financial help to promote the largest environment-friendly plastic waste recycling project in the country, if required.
The factory will churn out 40 tonnes of plastic staple fiber in a single day from plastic waste. This waste will be collected from plastic bottle collection booths set up by DSFL in different parts of the country.
"We will not face any shortage of raw material because tonnes of plastic bottles are thrown away every day", said Azam Khan, Deputy Managing Director of the group.
The Debonair project will help solve the challenges of plastic disposal management, he hopes. The young interpreter Rakibul Islam helps us communicate further. Through him Sajjad tells us he is from Naogaon and studied up to class eight. He has two brothers and two sisters and his father is a bus driver’s helper. Sajjad is married and earns 13,000 taka a month. He saves a bit from his wages every month so eventually he can set up something in his village home. Meanwhile, he is happy to work here as the employers treat him well.