Usmania Glass Sheet Factory Limited is a Bangladesh government owned glass manufacturing company.[1] The company is listed on the Dhaka Stock Exchange.[2]
History
Usmania Glass Sheet Factory Limited was established on 30 June 1959 in Kalurghat Industrial Area, Chittagong as a private limited company. On 27 October 1963, the company was turned into a public limited company. After the Independence of Bangladesh, the company was nationalised by the government of Bangladesh in 1972 through the Bangladesh Industrial Enterprises (Nationalization) order. It is under the Bangladesh Chemical Industries Corporation of the Ministry of Industries. The factory is situated in a 10-acre site and produces 20 million square feet of glass every year.[3]
In 2019, the company announced plans to invest 3 billion taka to modernize its factory in Chittagong. The company had been producing glass using Fourcault process which is costlier than the