Cement News tagged under: Bangladesh
Vietnam 1Q exports rise 11% YoY18 April 2017, Published under Cement NewsVietnam exported 4.82Mt of cement and clinker worth US$168.65m in the first quarter of this year, representing 11 per cent increase YoY in volume and 6.4 per cent in value, according to the latest data of the General Department of Vietnam Customs. In March the country’s clinker and cement exports rose 7.8 per cent from February in volume and 7.6 per cent in value to 1.8Mt worth US$62.67m, the Xay Dung online newspaper quoted the government department as saying. Bangladesh remained the ... |
Bangladesh: Meghna Cement Mills to raise capacity12 April 2017, Published under Cement NewsMeghna Cement Mills, part of the Bashundhara Group, plans to increase grinding capacity at its Bangladesh-based plant with the installation of a vertical roller mill. The company, which sells its cement under the King brand, has reportedly signed a contract with FLSmidth for supply of the mill, according to a report by the Daily Star (Bangladesh). The cement producer expects that the investment will help boost its profitability by 70 per cent. |
Cemex04 April 2017, Published under Cement NewsCemex has agreed the sale of its operations in Bangladesh and Thailand to Siam City Cement for around US$53m. In Thailand there is an integrated works at Saraburi with a clinker capacity of 0.73Mta and a cement capacity of 0.85Mta. The Bangladesh operation consists of a grinding centre with a capacity of 0.55Mta. Cemex is also considering the sale of a minority stake in Cemex Holdings Philippines through a public offering and has lodged an appropriate application with the Securities & ... |
Gas price hike to raise Bangladeshi cement prices27 February 2017, Published under Cement NewsFollowing a hike in gas prices by Bangladesh Energy Regulatory Commission, a rise in the production cost and sales price of cement is expected in the country. The gas price for captive power and industrial sector has been increased by 15 per cent and 15.13 per cent, respectively, to be imposed in two phases between March and June this year. Local businessmen and experts were of view that it would impact the economy and argued that it is not the permanent solution to mitigate the gas cr... |
Siam City Cement Bangladesh appoints new CEO02 February 2017, Published under Cement NewsThailand-based Siam City Cement (Bangladesh) Ltd has appointed PN Iyer as its new CEO. According to the cement firm, Mr Iyer has over 35 years’ experience in sales and marketing across different cement companies around the world. Mr Iyer attended IMD Business School in Switzerland and is also an alumni of Harvard Business school. |
Bangladesh: Loesche to supply VRM for Haria 2 upgrade01 February 2017, Published under Cement NewsLoesche has announced that it has been chosen to supply a vertical roller mill and other equipment for the Aman Group’s Haria 2 grinding mill in Narayangonj, Bangladesh. The equipment will be supplied as part of upgrade works being undertaken by China National Heavy Machinery Corporation which will raise the capacity of the plant from its current level of 10,000tpd. Bangladesh has seen its level of cement consumption rise strongly in recent years and the government has been keen on enc... |
Bangladesh: SKS launches Sena cement brand16 January 2017, Published under Cement NewsYesterday Sena Kalyan Sangstha (SKS) launched its Sena Cement brand at its Mongla Cement Plant in the Port of Mongla, Bagerhat. General Abu Belal Muhammad Shafiul Huq, Chief of Army Staff and Chairman of the board of trustees of SKS, was the inaugurator of the launch. |
India: Lafarge Surma mine to expand production01 December 2016, Published under Cement NewsBangladeshi cement manufacturer Lafarge Surma Cement (LafargeHolcim Group) has received environmental clearance from the Indian government for its mining company to more than double its limestone production capacity to 5.5Mta. Lafarge Umiam Mining, a fully-owned subsidiary of Lafarge Surma based in Meghalaya on the Bangladesh border, currently has clearance to produce and transport 2.2Mta of limestone to Surma’s manufacturing plant in Bangladesh. The Ngntrai mine was set up as per an a... |
Lafarge Surma Cement and Holcim Bangladesh in merger talks14 November 2016, Published under Cement NewsLafarge Surma Cement Ltd (LSC) has reportedly started talks with Lafarge Holcim Group to merge with Holcim Bangladesh Ltd (HBL). Lafarge Surma Cement, in a notice to Dhaka Stock Exchange last week, informed that the company is exploring the opportunity of combining LSC's business with HBL. A merger has the potential to create significant synergies as well as further position both HBL and LSC brands for future growth in Bangladesh. However, at this stage the Board of Directors of LSC emphas... |
BCIC and Al Rajhi Co to build 1.5Mta cement plant in Bangladesh24 October 2016, Published under Cement NewsBangladesh state-owned Corporation, Bangladesh Chemical Industries Corporation (BCIC) and Saudi enterprise Al Rajhi Company for Industry and Trade have signed a memorandum of understanding (MoU) to set up a cement plant with 1.5Mta capacity and 330MW power plant near Chhatak cement plant in northeastern Bangladesh. BCIC's Secretary, Hasnath Ahmed Choudhury, and Al Rajhi's Managing Director, Yousif Al Rajhi, signed the MoU at a function witnessed by Industries Minister, Amir Hossen Amu. ... |