CLASSIC MELAMINE INDUSTRIES LTD.

A new positioning for growth and differentiation.

The production office of CMIL is located at Dewalia Bari, Konabari, Gazipur- 1746 on 90 decimal lands with prefabricated steel building. The factory is equipped with 28,800 sft warehouse. The factory has moderate infrastructural facilities with sufficient spare space for expanding. Most of the machineries required for the factory operation have been imported from Taiwan and China. Machineries of the factory involve Compressor, Lathe Machine, Molding machine, Rectifier, etc.

The factory is facilitated with moderate road communications, power, water and other resources. At present the company uses diesel generator of 220 KW capacities for full time power supply. In order to protect the factory from fire, adequate number of fire-fighting apparatus has been set up. The plant has been functioning with 38 officers and 100 workers. At present the company is running with more than 90% capacity utilization.

The company has insurance coverage with standard insurance company limited covering the risk on stock of melamine related materials, Machinery and factory building with sum insured of Tk.121.00 Million and yearly premium of Tk.0.30 million. List of machinery is as follows:

Machine Name

Nos

Origin

Written Down Value (in Million)

100 M/T Hydraulic Molding Machine

2

Taiwan

 

 

 

10.90

150 M/T Hydraulic Molding Machine

6

Taiwan

Preheated Machine

8

Taiwan

Cooling Tower

1

Taiwan

Air Compressor

1

Taiwan

Gas Generator

1

USA

 

Industry Outlook of CMIL

Melamine industry is flourishing in Bangladesh gradually due to low investment cost for capital machinery as well as demand of table ware products. Basic raw materials for melamine tableware products are para formaldehyde, Pulp, Hexamine, Titanium, and Urea are required for melamine molding compound, Urea molding compound producing industry and melamine tableware producing industry. According to the demand of the local market the raw materials are imported from USA, Canada, Taiwan, Korea, Mlaysia, Iran, Chaina, Thailand etc.

The major melamine producing companies in Bangladesh are-Sharif Melamine, Bangladesh Melamine, Kwality Chemicals and plasticizers Ltd. Classic Melamine, Crown Melamine, Diamond Melamine, Gold Star Melamine, King Melamine etc. all these companies are fulfilling 90% of the local demand of melamine and also exports of different countries. As all the companies are in the mature stage in the market, so the threat of new entry is quite low.

The industry is highly dependent on imported raw materials and the bargaining power of the supplier is maximum, moreover the price fluctuation and inflation may severely have an impact on the imported raw material price.

 

Scope of Work