Padma Oil (PADMAO BD)

Padma Oil Company Limited engages in the procurement, storage, and marketing of petroleum products primarily in Bangladesh. It operates through two segments, Petroleum and Agrochemicals. The company�s petroleum products include liquefied petroleum gas, special boiling point solvent, naphtha, motor gasoline, mineral turpentine, kerosene oil, JET-A1 aviation fuel, low sulphur high speed diesel, high speed diesel, jute batching oil, light diesel oil, high sulphur furnace oil, and bitumen products. It also offers lubricants, such as monograde diesel engine, hydraulic, industrial gear, multi-grade gasoline engine, monograde gear, extreme pressure automotive gear, machinery, compressor, two stroke engine, general purpose mineral based heat treatment, and mineral based spindle oils; hydraulic transmission fluid, high viscosity residual type lubricant, general purpose metal working fluid, and heavy duty brake and clutch fluid products; and automatic transmission fluids and coolants, as well as brake, diesel engine, manual gear, motor cycle, and outboard oil products for automotive applications. In addition, the company manufactures, imports, and markets agro chemicals products, as well as offers seeds. Its products are primarily used in transport, power, and agriculture sectors. The company was formerly known as Burmah Eastern Limited and changed its name to Padma Oil Company Limited in September 1988. The company was founded in 1965 and is headquartered in Chittagong, Bangladesh. Padma Oil Company Limited is a subsidiary of Bangladesh Petroleum Corporation.