Cement News tagged under: Bangladesh
Saudi Engineering Dimensions interested in Bangladesh cement sector23 November 2018, Published under Cement NewsSaudi company Engineering Dimensions has expressed an interest to set up a modern cement factory in the Chhatak upazila of Sunamganj district, Bangladesh, according to New Nation. During a meeting with Secretary-in-Charge of the Industries Ministry, M Abdul Halim, Engineering Dimensions President, Mohammed N Hijji, said Bangladesh’s huge population, domestic demand and skilled workforce have created an opportunity to attract foreign investors such as Saudi Arabia. |
Confidence Cement to install slag dryer, close Line 131 October 2018, Published under Cement NewsBangladesh-based Confidence Cement will install a new slag dryer at its cement plant in Sitakunda to ensure uninterrupted production of the existing Lines 2 and 3. In addition, the company has decided to shut down Line 1, citing high maintenance costs and electricity costs at the 600tpd line. |
CMA meets with government Commerce and Industry advisor29 October 2018, Published under Cement NewsDuring a meeting on 27 October, Pakistan's Cement Industries Association (CMA) has informed the the country's Advisor to the Prime Minister on Textile, Commerce, Industry, Production and Investment, Abdul Razak Dawood, that Pakistani companies are exporting clinker by sea to Bangladesh, where clinker demand and prices have risen. "It's a good breathing space for Pakistani cement manufacturers to export our surplus clinker to Bangladesh and other parts of the world," said the CMA> Abdul R... |
Bangladesh cement exports rise July-Sept17 October 2018, Published under Cement NewsBangladesh's cement industry recorded export revenue of US$3.17m during July-Sept 2018 compared to US$2.72m of the corresponding year-ago period, according to the Bangladesh Export Promotion Bureau. This is an increase of 16.54 per cent YoY. 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 financial year 2018-19 (June-July), against US$12.59m from last fiscal year. T... |
Bangladesh exports fall 11% YoY in July-Aug 201828 September 2018, Published under Cement NewsBangladesh's cement industry recorded an export revenue of US$1.85m during July-Aug 2018 compared to US$2.07m of the corresponding year-ago period, according to the Bangladesh Export Promotion Bureau. This equates to a fall of 10.6 per cent YoY in exports. The export figure also includes a minor amount of salt, stone and related products. Currently, the country is reportedly exporting cement to India, Myanmar, Nepal, Maldives and Sri Lanka. |
Clinker shipment capsizes in Bay of Bengal10 September 2018, Published under Cement NewsA light vessel carrying 1500t of clinker capsized near Bhasanchar if Noakhali in the Bay of Bengal on 9 September. All 13 members of the MV Sheikh Parvin were rescued, said Mohammed Selim, deputy director of Bangladesh Inland Water Transport Authority, based in Chittagong. The vessel had been bound for Narayanganh and strong currents led to the clinker shipment colliding with another vessel, called the Basundhara-27, that had already run aground. There are several grinding units located i... |
Shah Cement wins 'Superbrands' award05 September 2018, Published under Cement NewsShah Cement Industries Ltd of Bangladesh has won the 'Superbrands award 2018', in a award recipient's ceremony of Superbrands Bangladesh for 2018-20, held at Radisson Blu Dhaka Water Garden on 1 September. The company said, "leadership in Bangladesh cement market for over a decade, consistent product quality and superior service for customer confidence has taken Shah Cement to a new height." After winning the 'Best Brand Award' in cement category on every occasion, Shah Cement is the re... |
Bangladesh forsees 11.2% growth in exports FY18/1924 August 2018, Published under Cement NewsBangladesh government has set an export target of US$14m for cement industry for the financial year 2018-19 (June-July) against US$12.59m from last fiscal year. The target is based on an expected growth of 11.20 per cent. According to Bangladesh Export Promotion Bureau (EPB), Bangladesh's cement industry earned export revenues of US$1.09 during July 2018 compared to US$1.04m earned in the year-ago corresponding month. This equates to a 4.81 per cent increase in exports YoY. The export figur... |
Deshbandhu Group awards contract for 1500tpd plant10 August 2018, Published under Cement NewsGuangdong Power Engineering Co Ltd, an arm of Energy China, has won a contract to construct a 1500tpd cement plant for the Bangladesh-based Deshbandhu Group. The company is now seeking US$100m of funding for the project, which will likely be supplied by China’s policy banks and international policy banks, alongside the Bangladesh government and international bank consortiums, according to Inside International Industrials. |
HeidelbergCement Bangladesh to acquire Meghna Energy19 July 2018, Published under Cement NewsThe Board of Directors of the HeidelbergCement Bangladesh Ltd has approved the draft scheme of amalgamation of the Meghna Energy Ltd with the HeidelbergCement Bangladesh Ltd subject to sanction by the High Court Division of the Supreme Court of Bangladesh and approval of the same by the members of the Company and Meghna Energy Ltd. HeidelbergCement Bangladesh Ltd will acquire 4,056,457 shares (99.99 per cent) in Meghna Energy at an estimated consideration of BDT910m (US$10.77m). Out of whi... |