MJL Bangladesh PLC Stock

MJL Bangladesh PLC., formerly MJL Bangladesh Limited, is a Bangladesh-based company, which owns an oil blending plant and blending and sells lubricants in the local market and exports some of its products to the international market. The Company’s subsidiaries include Omera Petroleum Limited (OPL) and Omera Cylinders Limited (OCL). OPL built a liquefied petroleum gas (LPG) plant to import, store, and bottle, and distribute LPG through a marketing channel in the country. OPL set-ups three satellite LPG bottling plants in three different locations in the country. The actual capacity of the plant is 300,000 megatons (MT). OCL set up an LPG cylinder manufacturing plant to cater to the ever-increasing market demand for LPG as an alternative fuel power requirement of the country. Its associate company MJL (S) PTE. LTD is engaged in the business of wholesale and trading of petroleum and related products.