Karnaphuli Paper Mills, located in Chandraghona, Chittagong Division, Bangladesh, is a state-owned pulp and paper manufacturer established in 1951 by Pakistan Industrial Development Corporation (PIDC). The Dawoods took over from PIDC 1959.[2] Following the Independence of Bangladesh, it was nationalised and came under the management of the Bangladesh Industrial Development Corporation.
Today, it operates as a subsidiary of the Bangladesh Chemical Industries Corporation and holds the distinction of being the largest paper production facility in the country. However, in 2016, the mill faced criticism for its lack of an effluent treatment facility.
History
The 1949 Industrial Conference recommended that a pulp and paper mill be set up in East Pakistan in an effort to make Pakistan self-sufficient in paper.[3]