The Company is Condensate Fractionation Plant to produce Petroleum Products viz. Motor Spirit (MS). High-Speed Diesel (HSDk and Mineral Turpentine (MTT) and Supply lo Bangladesh Petroleum Corporation (BPC).
The Company is one of the leading non-govt. Petrochemical Refinery Company who is producing import substitute Fuel products for the country.
The Company has given satisfactory dividend to the investors and then a setback occurred in the edible oil industry as a result of a hike in the price of raw material in the international market.
Mission:
Sustain Leadership in energy conservation, efficiency, productivity and innovation.Capitalize on emerging opportunities in the domestic market.Maintain global standards in health, safety and environmental norms with a strong commitment towards community welfare. Continuing focus on employee welfare and employee relations. Imbibe highest standards of business ethics and values. Our primary responsibility is to develop and add value to the national resource.Our objective is to contribute to the well-being of the people and the nation.We want to be the part of vision 2041 of the Govt. of Bangladesh.
Vision:
To be the best market leader of Refining and Petrochemicals Company in Bangladesh, with a strong emphasis on Productivity, Customer Satisfaction To be the best market leader of Refining and Petrochemicals Company in Bangladesh, with a strong emphasis on Productivity, Customer Satisfaction.Safety, Health and Environment Management, Corporate Social Responsibility and Care for Employees Shareholders.
History:
1984: The Company was established as a Private Limited Company on December 9, 1984.
1988: The Company has been converted from Private to Public Company on February 3, 1988.
2010: The Company s name was changed from Chittagong Vegetable Oil Industries Ltd to CVO Petrochemical Refinery Ltd on july 29 2010.
1990: The Company was listed on Dhaka Stock Exchange in 1990.
1996: also listed on Chittagong Stock Exchange on 15 September, 1996.
2014: The Company started commercial operation from April 02, 2014.
2024: The Company changed name from CVO Petrochemical Refinery Ltd. to CVO Petrochemical Refinery PLC on 25 April 2024.
Legal Address
37,Katalgonj, Panchlaish
Chittagong; Chittagong;
Postal Code: 4203
Contact Details: Purchase the Cvo Petrochemical Refinery Ltd. report to view the information.
Website: http://www.cvopetro.com
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