Lafarge has opened a 4000t cement silo in Thilafushi, Maldives, taking total capacity to 9000t. The new facility was opened up by Minister of Economic Development Mohamed Saeed together with representatives from Lafarge and the State Trading Organisation (STo).
Lafarge Maldives was opened in 1999, under an agreement between STO and Lafarge Cement to build a trade terminal in the Maldives. The project was lauchned by then STO chairman and present President Abdullah Yameen Abdul Qayyoom.
STO reported that due to the new silo the construction industry of the nation would get a boost, with higher quality products made to international status being available for the market. (Source: Miadhu Daily)
Crown Cement earned a profit after tax of BDT1001m in FY24
Crown Cement PLC, in Bangladesh, recently released its annual report for FY23-24. During the las...