MEB POY Manufacturing Plant Ltd. IPO News

MEB POY Manufacturing Plant Ltd. is the pioneer in the sector of Partially Oriented Yarn (POY) manufacturing in Bangladesh. It was incorporated as a private limited company in early nineties by acquiring 4.1 Acers of land at kalurghat in Chittagong and commences commercial operations in the same year. At present it is one of the largest projects of the country in POY manufacturing. Textile business is now booming among all other business in Bangladesh. On this circumstance to support our forward linkage we have started POY section since 2004. Now MEB POY Manufacturing Plant Ltd. owns 2 (two) projects which are MEB Textile Unit-1 (operating since 1989) and Unit-2 (operating since 1996). The Company is equipped with the fully computerized State of the Art Technologies. Major machineries are imported from Germany and auxiliary machineries and other equipments are imported from the renowned companies of Europe/Asia. 

MEB POY (Pre Oriented Yarn) Manufacturing P

lant is the pioneer in the sector of POY manufacturing in Bangladesh. It was incorporated as a private limited company in early nineties by acquiring 4.1 acres of land at Kalurghat in Chittagong. The commercial operation of the entity took place in the same year. At present it is one of the largest projects of the country in POY manufacturing.


Textile business is now booming among all other business in Bangladesh. It is really tough to carry on business depending on imported raw materials. In 2004 the POY section had been initiated by M/s Elias Brothers to facilitate backward linkage with the Textile division (DTY Plant) of MEB group. Currently the FG of POY plant is used by the Textile division then the finished product of DTY plant, DTY (Drawn Textures Yarn) is supplied to the local buyers of the country..
Companys main raw materials for Draw Textured Yarn (DTY) is POY, i.e. Partially oriented yarn, which was previously imported from Japan or Indonesia, Taiwan, but now the company manufacture the POY on their own machine and Draw Textured Yarn (DTY) is used in different Weaving/Dyeing mills. Per day capacity of the company is 20 to 22 MTs in case of Fine Denier and 25 to 27 MTs in case of Fine Denier. They use this Yarn for Shirt, Sari, and cloth for the Market as well as dyeing the yarn and fabrics. They have ready local market with around 30% of import dependence for this product.

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