Cement News tagged under: Bangladesh
Cemex divests of Bangladesh and Thailand units, potential sale of minority stake in Philippine assets11 March 2016, Published under Cement NewsCemex announced yesterday that it has signed an agreement for the sale of its operations in Bangladesh and Thailand to Siam City Cement Co for approximately US$53m. Meanwhile, Cemex's Philippine subsidiary has presented an application to Philippine authorities for the potential sale of a minority stake of assets in the southeast Asian country. Bangladesh and Thailand divestitures Proceeds obtained from the Bangladesh and Thailand transaction will be used mainly for debt reduction and for ... |
Bangladesh: MI Cement eyes capacity expansion09 December 2015, Published under Cement NewsMI Cement Factory has set its sights on organic expansion through the construction of new capacity including its own clinker manufacturing plant over the next five years. The company, which produces cement under the Crown brand, plans to raise capacity from the present 6000tpd to 10,000tpd by the end of next year. Following on, it plans to increase capacity to 16,000tpd. “To reach the target, we will go for expansion with necessary investment,” Md Alamgir Kabir, additional managing director... |
Confidence Cement plans expansion, Bangladesh23 September 2015, Published under Cement NewsBangladesh-based Confidence Cement Ltd is planning to double capacity from the existing 2000tpd to 4000tpd. The new project is scheduled for completion in 2016. During the first half of 2015, the company's revenue climbed 15.3 per cent YoY to BDT2.143bn (US$27.5m). Net profit dipped slightly to BDT152.3m versus BDT157.3m in the comparative period of the previous year. Confidence is the first private sector cement manufacturing company in Bangladesh, established in early 1990s with a capac... |
Bangladesh: Lafarge Surma signs deal with real estate company14 August 2015, Published under Cement NewsLafarge Surma Cement Ltd (LSC) has signed a Memorandum of Understanding (MoU) with Building Technology & Ideas Ltd (BTI), one of the leading real estate companies of Bangladesh. Under the agreement, BTI will use Supercrete cement in all its construction projects. Masud Khan, finance director of Lafarge Surma Cement Ltd, and Md Sharifur Rahman, executive director, Construction of BTI signed the agreement on behalf of their respective organisations at the Six Season Hotel in Gulshan. |
Vietnamese producer targets new export markets04 June 2015, Published under Cement NewsLa Hien Cement JSC, a subsidiary of the Vietnam National Coal Mineral Industries Group (Vinacomin), is seeking new export markets in Asia and Africa, an executive of the company said. According to Nguyen Van Dung, Director of the La Hien JSC, the company will seek new markets while securing its traditional markets including Thai Nguyen, Bac Kan and Lang Son provinces, the Vietnam News Agency reported. The company aims to ship its clinker to Bangladesh, the Philippines and a number of natio... |
Bangladesh, Indonesia, Philippines top Vietnamese importers in first four months26 May 2015, Published under Cement NewsBangladesh, Indonesia, the Philippines and Taiwan remained among major importers of Vietnamese clinker and cement in the first four months of this year, the Vietnamese Ministry of Industry and Trade said. Bangladesh took the lead after importing 2.62Mt of cement worth US$100.24m from Vietnam in the period, while Indonesia came second with 937,982t worth US$42.39m and the Philippines ranked third with 468,419t worth US$18.43m. Following on, Taiwan consumed 346,396t worth US$14.81m and Ma... |
Bangladesh, Indonesia and Taiwan remain Vietnam's top importers12 May 2015, Published under Cement NewsBangladesh, Indonesia and Taiwan remained among the largest importers of Vietnamese clinker and cement in the first quarter of this year, according to the Vietnamese Ministry of Industry and Trade. Bangladesh accounted for the largest amount with 1.83Mt of cement worth US$70.13m, followed by Indonesia with 828,317t worth US$37.1m and Taiwan ranked third with 272,396t worth US$11.71m. Next in line was the Philippines with 239,900t worth US$9.46m, and Laos with 115,701t worth US$9.28m. ... |
Clinker, cement account for 42% of Vietnam's 1Q exports to Bangladesh22 April 2015, Published under Cement NewsClinker and cement remained Vietnam’s major exports to Bangladesh in the first quarter of this year with export revenue of US$70.1m despite a decline of 33.6 per cent from the same period of last year. The figure accounted for 42 per cent of the country’s total exports to Bangladesh in the period, the Vietnamese Ministry of Industry and Trade said on its website late Tuesday. |
Bangladesh, Indonesia and Taiwan top Vietnamese importers23 March 2015, Published under Cement NewsBangladesh, Indonesia and Taiwan were the top importers of Vietnamese clinker and cement in the first two months of this year, the Vietnamese Ministry of Industry and Trade said. Bangladesh took the lead after importing 1.12Mt of cement worth US$43.19m from Vietnam in the period, while Indonesia came second with 559,188t worth US$27.2m and Taiwan ranked third with 170,296t worth US$7.39m. Next in line were the Philippines followed with 157,200t worth US$6.17m, and Laos with 59,255t wort... |
Bangladesh: MI Cement will package growth16 March 2015, Published under Cement NewsMI Cement Factory Ltd plans to grow on the back of higher domestic cement demand. Bangladesh is expecting rapid development in terms of new public infrastructure, communication and housing facilities. At present, MI Cement Factory’s total cement production capacity is 5800tpd, or 1.74Mta. The plan is to install a new cement packaging facility to help meet demand. "We have decided to set up another packing unit and 1500t capacity ordinary Portland cement silo to enhance the delivery capaci... |