Mobil Jamuna to inaugurate 3 new plants

MJL Bangladesh Ltd., popularly known as Mobil Jamuna Lubricants Ltd., will inaugurate three new plants in Chittagong on November 11. State Minister for Power and Energy Enamul Huq is expected to inaugurate the plants. Sanaul Haque, chief executive officer (CEO) of the company, said the plants and their technology have been designed and implemented by former ExxonMobil personnel who are currently working in product development for the company. “These new plants are import substitutes and will help save foreign currency worth around Tk1.27 billion (US$18.04 million),” Haque said. (November 8, 2010)