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MD's Message
From MDs Desk
Dear Colleague,

As we usher in Year 2017, I would take this opportunity to convey my best wishes to you and your family for a peaceful and prosperous year. This is a time to revisit our achievements of the year that has passed and learn from our failures as well.

The year 2016 had been a vibrant and challenging year for the company. Since dedication of our plant to the Nation by Hon’ble Prime Minister of India on 5th February 2016, we have come a long way. I am glad to share with all of you that we have produced around 54000 MT of different grades of polymer in the year 2016 and polymer despatched till the end of December, 2016 is 40000 MT. BCPL achieved highest one single day sale of 1095 MT on 21st December, 2016 along with generation of revenue of Rs. 339 Crore till December 2016. Lakwa Unit of BCPL was successfully commissioned on 4th December 2016 along with commissioning of Utility Boiler 2 at Lepetkata Plant during November, 2016. We are putting our best efforts to ensure uninterrupted availability of feed stock for Ethylene Cracker Unit and Propylene Unit on long term basis. I must also mention that we successfully operated ECU, LLDPE/HDPE and PP Unit on full load for continuous 72 hrs.

Business, of course is our mainstay, however we are not lagging behind in our social commitments. BCPL is taking various initiatives towards a clean and green environment under the aegis of Swachh Bharat Abhiyan right from undertaking cleanliness drives in Dibrugarh District to organize public awareness programmes. On CSR front the company has successfully completed various CSR initiatives like providing training to 50 local youths in “Intensive Skill Development Training programme on Plastics Processing Machine Operations” in CIPET, development of drainage system in Barbaruah etc. We are also proud of our association in making Lakwa block an ODF (Open Defecation Free) block, a project which was fully supported by UNICEF and other PSU’s and implemented by Deputy Commissioner, Sivasagar. BCPL will continue to work towards inclusive growth of the society and sustainable development.

In present era where most of the accomplishments are technology driven, Human capital is still considered as the driving force of a company. I feel privileged to lead team BCPL which showed exemplary sincerity and patience during two days strike by BCPL Contract Worker’s Association on 7th and 8th December 2016. I appreciate dedication of our technical people and service departments for smoothly operating the plant without any contract workforce. I expect such level of commitment in our day to day work culture.

Our company will celebrate its 10th Foundation Day on 8th January 2017. Though a new entrant in the industry, we are now a decade old company. Expectations are high from us and there is a long way to go. Petrochemical industries in India have been one of the fastest growing industries in the country and a major contributor in Indian economy. We will have to strengthen our engineering capabilities and motivate ourselves to achieve the ambitious targets set for us in domestic petrochemical industry.

We are still under stabilization stage and mammoth efforts are required for reaching upto the full capacity operations. In the journey we have been facing enormous challenges and bottlenecks and with the blessings of almighty, we have been able to largely overcome them. Although still there are certain critical challenges, I am confident, with the grit, perseverance and hard work we will be able to overcome them also. It is the call of the hour that unitedly we work towards achieving optimal operations in the most economical manner.

I want to thank all our customers and shareholders for their understanding and unstinted support. My sincere thanks to all the employees and their family members for their hard work and support. I believe that every challenge is an opportunity to comprehend our competency and strengthen our willpower. Let us pledge to be focused and work towards prosperity of BCPL in the year 2017. I firmly believe that it is the aggregate of individual effort that produces collective result.

I once again extend my best wishes to you and your family members for success, good health and happiness throughout 2017.

With Best Regards

A K Singh
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