With the Bangladeshi cement market holding the promise of steady growth, HeidelbergCement expanded the capacity of its Chittagong grinding facility by installing an additional mill. HeidelbergCement Bangladesh Ltd explains the project.
In 2007, HeidelbergCement Bangladesh Ltd (HCBL) decided, in view of domestic growing demand, to increase the grinding capacity at its Chittagong plant. The Bangladeshi cement market currently requires a volume of around 20.16Mt. Over the next few years, the country’s cement demand is expected to increase to by six per cent annually to 21.4Mt in 2013 and 22.7Mt in 2014. Therefore, HCBL is keen to keep up with market growth. The company currently has a 13 per cent market share. Moreover, in Chittagong, the market demand is over 1.7Mt, of which HCBL commands a substantial share.
