Thanks to Bayer CropScience and
Cotton Farming magazine for giving
me this rare opportunity to communicate
with U.S. cotton producers as we
move into the new year. I know that 2009
was a challenging year for you because of
weather conditions. But textile manufacturers
in Bangladesh continue to be appreciative of
your efforts in producing high quality cotton
for export markets.
All of us are doing our best to emerge from
the global economic recession, and I think
Karim Spinning Mills is doing quite well
because of the business principles that guide
our parent company, the Purbani Group.
I am Abdul Hai Sarker, chairman and managing
director of the Purbani Group, and I am
very proud of our group’s progress since
1973. However, we are more than a group of
companies. We are several entities drawn
together through our management approach,
competitiveness, efficiency and single-minded
vision for the future.
This attitude has contributed to our ability
to deal with any problem and look ahead to
better times in 2010.
Purbani has been involved in the textile
business for more than 30 years. In 1984, the
group entered into textile manufacturing by
acquiring a spinning production line. Today,
the group has a 100-percent export-oriented,
vertically integrated, knitted apparel production
facility, which uses its own spinning units
to produce yarn. That yarn is then processed
to manufacture fabric and apparel for export.
As for the importance of making smart cotton
purchasing decisions, our company looks
at three factors: price, quality and shipment
time. If any of these don’t fit into our business
strategy, everything is affected.
At the moment, we have used 1,000 tons of
FiberMax, and the experience has been good.
As with any cotton, there is always room for
improvement, but there is a consistency to
this cotton that makes it a good fit for our
For Asian markets, many countries are
moving their inventory to port locations such
as Singapore and Dubai to shorten the lead
time in deliveries. This is a trend that we must
continue to study.
I look at the future with a lot of optimism,
mainly because of how we continue to invest
in technology to streamline our operations. By
doing this, we can stay one step ahead of any
financial instability in the global market. This
philosophy guides nearly every decision
made in the Purbani Group.
Finally, let me thank the U.S. cotton producer
again for being a strong partner with all
mills in Bangladesh. Together we can make
this a historic year for cotton. I wish you the
best of luck as you plant your crop this spring.