CVO Petrochemical Refinery PLC. Stock Analysis CVOPRL.DS

CVO Petrochemical Refinery Plc engages in the production and sale of special boiling point solvent. The firm produces petrochemical products and solvents as an import substitute for local consumption. The firm is engaged in the production and sale of hydrocarbon solvent (SBPS) from naphtha at the existing plant. The production capacity of the product is 100 metric tons (MT) per day. Its finished products are sold to Padma Oil Company Limited under Bangladesh Petroleum Corporation (BPC) as per contract. The firm also engaged in the production and sale of high-speed diesel (HSD) from diesel-rich condensate. The installed production capacity is 150 MT (1179 barrels) per day.