Soya Products Bangladesh Ltd. (SPBL) has started operations of its 100,000 MT tank terminal from 23 May 2018. The tank terminal is a liquid fuel storage facility located on the southern bank of Karnaphuli River. It is the only Class 3 private fuel oil storage facility in Bangladesh that has been built in strict adherence to the NFPA 30 and API 650 standards.
With 10 tanks of capacity 10,000 MT each, the terminal is a sound facility and has been equipped with a proper fire detection and fighting systems and spillage mechanism. The cumulative loading and unloading speeds of the facility are 1,500 MT/hour and 750 MT/hour respectively, thus allowing a mother vessel to be discharged in 15 hours only, which is one-third the time required to discharge a vessel of similar type and category at Chittagong Port.