Bangladesh-based Premier Cement is on track to complete its expansion plans by March 2020. The project was first announced in 2017 on the back of a forecast surge in demand for 2021.
"We have constructed two more units in Narayanganj and Chattogram involving BDT13bn (US$153.5m)," said Mohammed Amirul Haque, managing director, to The Daily Star.
The unit in Narayanganj represents an investment of INR8bn and the Chattogram facility claims the remainder. Both of the projects are currently ready to begin trial operation. VRMs, supplied by FLSmidth, will be used to attain production rates of 460tph and 270tph for the Narayanganj and Chattogram plants, respectively.
Mr Haque also noted that the company’s increase in output from 2.4Mta to 5.2Mta would be a record for a single entity in the country. He has stated that said despite the sector’s challenges, such as the need for all raw materials to be imported, Premier Cement has always been in profit.
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