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Ashuganj Fertiliser counts Tk 6 lakh in daily loss

Ashuganj Zia Fertiliser Company Limited is facing a Tk 6 lakh loss
daily as inadequate storage facility has forced the company
management to go below its full production capacity. Around 47 ,000
tonnes of urea remained in the open on the factory premises until
yesterday. Besides, at least 500 tonnes of the surplus urea is being
added daily to this huge stock, making the situation go from bad to
worse. The factory's present storage capacity is around 95 ,000
tonnes. The urea factory now produces only 1 ,350 tonnes daily
against its capacity of 1 ,410 tonnes. As daily distribution of the
item among dealers is not over 850 tonnes, an amount of 500 tonnes
remains surplus. "The present situation will continue until the next
four months," said an engineer of Ashuganj Fertiliser, who preferred
anonymity. Meanwhile, the company efforts to get government's buffer
stock silos and BADC silos turned futile, as those are already filled
in with around 3 ,00 ,00 tonnes of fertiliser, an amount imported to
to face the peak farming season or any possible crisis in the input.
When contacted, Brahmanbaria's Deputy Commissioner Md Haiul Quaium
said he also put his efforts to solve Ashuganj Fertiliser's storage
crisis after the company sought his intervention. During a meeting
with urea dealers following his visit to the factory, Quaium warned
them of stern action against any lapses in timely withdrawal of the
allotted amount of urea from the factory concerned. Osman Ghani, the
managing director of Ashuganj Zia Fertiliser Company, said the
factory will restore its full capacity soon after the distribution of
urea, now stockpiled.