PHP Float Glass Industries Ltd waiting for IPO Approval

PHP Float Glass Industries Ltd IPO Result Approval news will get from here.
PHP Float Glass Industries Ltd, a glass manufacturing plant in the private sector, plans to enter the country’s stock market to raise funds to enhance its working capital and business expansion.

In quest of Peace, Happiness & Prosperity for the nation, the maestro – Alhaj Sufi Mohamed Mizanur Rahman envisioned himself in 1969 to shape the leading business conglomerate in Bangladesh, is now the well-known PHP Family. The group comprises over 30 companies that are operating in diversified business sectors like; Steel, Float Glass, Aluminum, Textiles, Power, Petro Refinery, Financial Services, Agro and so on. Pioneering the steel and float glass industries in Bangladesh, PHP Family has been continuously exploring newer horizons each day with innovative & eco-friendly technologies.
Each of our endeavors is always focused on the progress and self-reliance of the country and enriching people’s lives. Through our business activities, we aim to create economic value and to actively contribute to the society.
We focus on Premium Products strategy, continuously develop and improve its competitiveness by adopting state of the art technology and ensure functional customer service.
We recognize that the earth is a shared and finite resource that we all must safeguard for generations to come. It is our commitment to sustainability that drives our operations to adopt management systems and best practices that foster continuous improvement in our processes; preserving vital resources and ensuring the future of the industry.
We believe, “The highest art in human life is to awaken the dormant will force lying inside within and to nurse it to face the trials of lives manfully with courage and determination”. To develop an enlighten generation to serve the country; we have extended our CSR initiatives and supports not only to a number of educational institutions but also health care (community hospitals, eye hospitals, diabetic hospitals) and through Rotary Club as well.

Transformation to PHP Family

The owners and sponsors formed PHP Group of Industries with a view ensuring coherent, combined and consolidation of financial, management, marketing strength among the different industrial units under the PHP umbrella with extreme team spirit, interlinked cooperation as well as to exploring potentials reaching sustainable and durable business organization in the Country.
After a certain period, the Board visualized that employer and employees are part & parcel of the organization. Success of business organization is the outcome of pragmatic contribution & involvement in business both by employer & employee. All belong to a family.
Therefore, every organization should be looked into family concept for stepping forward towards reaching the desired destination. This way PHP Group has turned into PHP Family as if it is a happy marriage between employer & employee.



\

Clear & Color Float Glass Silver Coated Mirror Tempered Glass
Thickness: 2mm 12mm
Width of ribbon: 2400 mm
Net width of the glass: max. 2130 mm
Maximum size of finished sheet:
2130 mm X 3600 min (84 inch X 142 inch)
Thickness: 3mm 8mm
Max glass size: 2400 mm X 3600mm
Min glass: size: 900 mm X 600mm
Max size of finished sheet:
2130 mm X 3600 min (84 inch X 142 inch)
Thickness: 4 mm to 19 mm
Maximum size: 2300mm X 3600mm
Minimum size: 80 mm X 250 mm



PHP Family always focuses on progress and self-reliance of the country to accelerate economic growth. Manufacturing import substitute product always plays a vital role to contribute in government’s exchequer through saving foreign exchange. This motivation led PHP to another giant venture of setting up the first Float Glass industry in Bangladesh.
In 2004, PHP established its new endeavor PHP FLOAT GLASS INDUSTRIES LTD. in the port city Chittagong with annual production capacity of 40,000 MT (approx. 4.0 million square meters at an average thickness of 4 mm). PHP FGIL has set up with technical assistance from Luoyang Float Glass Technology of China. Clear and colored float glass sheets of PHP have enriched the country’s building construction industry with import substitute products. We offer multiple choices that are environment-friendly and enhance architectural designs.
To accommodate a composite solution for glass products, PHP FGIL has installed a high quality Silver Mirror plant in 2008, using latest technology from China. It produces silver mirror of different sizes and thickness (3 to 8 mm) following the Chinese Industrial Standard P.R.C JC / T871 – 2000. The capacity of Silver Coated Mirror plant is 7, 00,000 Square Meter based on single shift operation.
PHP FGIL has also set up glass processing line and started production of Glass Edging / Beveling / OG Molding / Drilling & Tempered Glass from January- 2012.
PHP Tempered Glass is being produced from latest European Oscillating Tempering furnace with high glass quality for fulfilling the growing market need. Tempered unit production capacity is 74 M2 / Hour with 100% loading surface for 10 mm glass.


Address: PHP HOUSE , 31, AGRABAD C/A.

City: Chittagong-4100
Country: Bangladesh
Phone: 88-031-2511037- 41
Fax: Not supplied
Email:


Free IPO Results