Bangladesh is one of
the fastest-growing markets. Symaga, a leading Spanish company in grain storage
systems, has developed projects for some of the major agribusiness players
since 2012. It is now building a new state-of-the-art plant for City Group, one
of the main agroindustry companies in the Asian country.
A few months ago, assembly works started for the new City Group plant, one of the main agroindustry players in Bangladesh, that has entrusted Symaga for the second time for a silo project. This new storage plant is located in Rupshi, Dhaka, with a total storage of 406.059 m3. During the first months of 2021, the Spanish company manufactured: 31 silos SBH1986/27, 8 silos SBH1986/27, one silo SBH1757/27, 8 silos SC0350/03T45, and one silo SCE0920/25T45 – and now it is supervising the assembly progress.
Bangladesh is one of the fastest-growing markets. Symaga has developed projects for some of the main industrial and agribusiness companies since 2012. In 2016, we consolidated our footprint in this Asian country with two important projects. A new storage plant with 59452 m3 for Akij flour mill in Dhaka, where Symaga supplied 4 flat bottom silos SBH2444/26. The customer satisfaction with Symaga silos and service allowed us to develop the extension phase with 3 flat bottom silos SBH2750 / 25. In the same year, Symaga delivered another project for City Auto RiceRice, a rice mill that belongs to City Group, with a total scope of 13 hopper silos (models SCE610 / 14T60, SCE610 / 13T60, SCE1070 / 17T45TE), with a combined capacity of 16.037 m3.
In 2018, the Spanish company consolidated its presence in Bangladesh with a grain terminal for one of the biggest local business groups, Bashundhara Ltd. This facility was built to enhance wheat trade in the country. In the same year, Ar Specialized Auto Rice Mill Pvt Ltd relied on Symaga for a new silo SCE0687 / 11T45 to store paddy rice. Bangladesh has a total 648.269m3 of built storage which have been supplied by Symaga, and this year the company will complete the assembly of this new state-of-the-art oil plant of City Group.
“2021 is a year marked by the continuous steel price increases and volatility that has destabilized the sector, a market already hit by the impact of the pandemic. Symaga is proud of facing both crises, maintaining a sound orders portfolio and keeping manufacturing at full steam,” the company says.