Operating under extremely aggressive conditions typical of chemical-processing facilities — where corrosion can accelerate rapidly and compromise critical structures — Meghna PVC Ltd has demonstrated strong leadership by prioritising preventive action over reactive repairs, using Jotun’s AssetKeeper.
“Meghna PVC Ltd partnered with Jotun to implement AssetKeeper, a comprehensive three-step service that is designed to optimise maintenance planning and enhance corrosion protection, thus supporting asset owners to establish a long-term maintenance strategy," said Sunny Gwee, Managing Director of Jotun Bangladesh ltd., one of the leading paint and coatings manufacturers worldwide.
Jotun have developed the solution to provide a systematic assessment and maintenance plan. This enables sites to identify risk areas sooner, justify maintenance budgets with confidence, and plan interventions before corrosion escalates into costly damage, unplanned downtime, or safety incidents. Through the solution, Meghna PVC Ltd is setting a benchmark for responsible industrial risk management in Bangladesh’s manufacturing sector.
“AssetKeeper gave us a clear view of our asset condition and helped prioritise maintenance more effectively. Jotun’s insights will support better planning and long-term protection of our facilities,” said Mohammad Iqbal, Deputy General Manager, Meghna PVC Limited. “Our focus is on protecting people, operations, and the integrity of the facility — and this approach supports all three.”
The initiative includes a detailed condition assessment of existing coatings, a maintenance prioritisation report, and recommendations covering repair strategies and optimised coating systems. Critically, Meghna PVC has also committed to ongoing, yearly assessments to monitor coating performance and support continuous improvement in asset management — an important signal of long-term intent and accountability.
“Meghna PVC commitment to safety and steel integrity is exactly the kind of leadership that drives sustainable industrial performance,” said Ashibul Hussain, Segment Manager Marine and Protective in Jotun Bangladesh. “By investing in structured assessment and long-term planning, they’re actively reducing risk and raising the bar for responsible maintenance practices.”
The scope encompasses comprehensive maintenance of the entire factory infrastructure, including steel structures and pipe-holding systems.
MGI is among Bangladesh’s largest industrial conglomerates, operating more than 57 industrial units and employing tens of thousands of people nationwide. Meghna PVC Limited is the sole manufacturer of PVC and PET in Bangladesh.
“Corrosion is costing the global economy over?US$2.5 trillion annually,?and by 2030 it is estimated that up to 9.1% of global CO2 emissions will originate from steel production only to replace corroded steel. Being proactive and maintaining steel integrity is therefore of high importance for the global environment as well, and we are reliant on responsible stakeholders like MGI,” concluded Ekaterina Mezhentseva, Global Solution Manager in Jotun.