Cement News tagged under: Bangladesh
Construction industry booming in Bangladesh26 February 2019, Published under Cement NewsThe demand for cement, steel, bricks and other construction materials recorded a good growth in Bangladesh during 2018 and looks to perform even better this year implementation of major infrastructure projects is accelerated, according to local media reports. According to Munir Uddin Ahmed, president of the Bangladesh Association of Construction Industry (BACI), 2018 was good for the industry as there had been no sharp increase in the prices of raw materials, and prices of cement, stones,... |
Bangladesh reports fall in cement export for 7MFY1925 February 2019, Published under Cement NewsBangladesh's cement industry recorded a fall of 15.27 per cent in export revenue to US$6.55m during the first seven months of FY18-19 (July-January, 2019) compared to US$7.73m, earned in the same months last year, according to the Bangladesh Export Promotion Bureau. The export figure also includes a minor amount of salt, stone and related products. The seven months export is also short of target by 18.54 per cent set by the government for the 7MFY19, ie US$8.04m. Bangladesh's governm... |
Payra Port Authority plans coal/bulk terminal14 February 2019, Published under Cement NewsPayra Port Authority (PPA), under the Ministry of Shipping, Government of Bangladesh, intends to develop a coal/bulk terminal at Payra Port, Kalapara, Patuakhali, Bangladesh, via a public-private partnership (PPP). The port authority announced it was seeking the expertise of international experts or consortium to participate in proposed project. The successful bidders/consortium will design, build, finance, operate and maintain the coal/bulk terminal and subsequently transfer the termina... |
Madanganj plant to expand capacity by 0.3Mta14 February 2019, Published under Cement NewsBashundhara Industrial Complex (Bashundhara group) plans to expand its cement production capacity at its Madanganj cement plant in Narayanganj, Bangladesh. The current cement capacity of the plant is 2.1Mta and will rise by 0.3Mta to 2.4Mta after the expansion project, which is scheduled to be commissioned in 2020 taking the Bashundhara group's cement capacity to 7.56Mta. "We are enhancing our cement production capacity to meet the rising demand," said Mohammed Balayet Hossain, senior depu... |
Clinker damaged on route to Meghnaghat plant31 January 2019, Published under Cement NewsThe MV Haji Abdul Jalil, a vessel carrying 850t of clinker, has anchored near Chandpur Launch Terminal after a crack developed on its keel on the Meghna river. Most of the cement clinker has been damaged, reports Mohammad Asad who is in charge of the vessel. The MV Haji Abdul Jalil had to anchor near the terminal on its journey from Holudiya in India. The ship was originally heading for Narayanganj and LafargeHolcim Cement's Meghnaghat plant. |
Pakistan's cement sector contracts by 1% in 1QFY1930 January 2019, Published under Cement NewsThe State Bank of Pakistan on Tuesday released its first quarterly report on the State of Pakistan’s economy for FY19. According to the report, the overall macroeconomic environment remained challenging during the first quarter of FY19 as suggested by the preliminary data. It pointed out that the 6.2 per cent target for real GDP growth seems unachievable with the policy focus now tilted towards macroeconomic stabilisation. The cement sector's output contracted by 1.4 per cent in 1QFY19 a... |
Building for a boom21 January 2019, Published under Cement NewsAs ICR looks at the Bangladeshi cement market, it speaks with Masud Khan, CEO of MI Cement, about the status of the domestic market, the company’s achievements to date and plans for the future. Masud Khan, CEO of MI Cement, speaks with ICR about the company’s plans for the Bangladeshi cement sector ICR: What are the main factors that impact on Bangladesh’s (low) per capita cement consumption? Are poor distribution routes to rural areas a major factor? Masud Khan (MK): Bangla... |
MI Cement to set up new 8400tpd line21 January 2019, Published under Cement NewsBangladesh’s MI Cement Factory Ltd has announced that it will set up its sixth cement unit in Muktagachha, Munshiganj, at a cost of BDT6bn (US$71.54m). The new line is expected to have a capacity of 8400tpd and enter commercial operation by 2021. Upon completion, the company’s total capacity will rise 76 per cent to 19,400tpd from 11,000tpd. The decision to expand was taken after the company’s board of directors was encouraged by a growing demand for its cement, according to a company offic... |
Bangladesh's cement export revenue continues to decline 6MFY1921 January 2019, Published under Cement NewsBangladesh's cement industry recorded a fall of 6.7 per cent in export revenue to US$5.75m during the first six months of FY18-19 (July-December 2018) compared to US$6.16m, earned in the same months last year, according to the Bangladesh Export Promotion Bureau. The export figure also includes a minor amount of salt, stone and related products. Bangladesh's government has set an export target of US$14m for cement industry for the FY18-19 (July 2018-June 2018), against US$12.59m from last ... |
Bangladesh cement industry to expand despite rise in raw material costs21 January 2019, Published under Cement NewsThe Bangladeshi cement industry is expanding its capacity despite increases in raw material costs. In 2017 the effective capacity of active plants stood at about 50.20Mta, which is estimated to reach about 65Mta by 2019, according to the annual report of MI Cement Factory Ltd. Cement consumption stood at about 27.1Mt in Bangladesh last year. But despite the huge growth of the industry, Bangladesh is still one of the lowest consumers of cement products in the world. The demand is expected ... |