Cement News tagged under: Bangladesh
Thang Long Cement plans to increase exports, Vietnam29 August 2012, Published under Cement NewsVietnam-based producer Thang Long Cement JSC plans to double monthly cement exports to Cambodia from its Hiep Phuoc grinding plant to 10,000 due to increased demand in the neighbouring market. Since the start of this year, the company has shipped around 5000t and 2000t of cement to Cambodia and Indonesia, respectively from the grinding facility, according to the company’s director Mai Anh Tai. Thang Long Cement plans to export around a further 150,000t of cement to these two markets betwe... |
Bangladesh industry consolidation gathers pace07 August 2012, Published under Cement NewsCement sector consolidation in the Bangladesh industry is set to gather pace as more than 70 smaller cement factories have folded operations in the past 12 years having lost ground to larger players. According to a report in the Financial Express (Bangladesh) more are on the verge of shutdown as tight bank loans for smaller factories and massive investments by local and global players have accelerated the closure of units with capacity below 6000t. "It's like a story of big fish gobbli... |
Vietnam exports seen rising10 July 2012, Published under Cement NewsExports of cement and clinker are forecast to increase by 27 per cent this year compared to 2011, according to forecasts by the Vietnam Cement Association (VNCA). As as the country attempts to reduce excess supplies, the VNCA expects clinker exports this year to reach 6.2Mt and cement exports to be around the 1.5Mt mark, bringing overall volumes to 7.7Mt. Last year, total exports reached 6.04Mt, comprising 5.76Mt of clinker and 0.28Mt of cement. For the first six months of 2012, around... |
Mongla Cement plans third grinding mill, Bangladesh26 June 2012, Published under Cement NewsMongla Cement is inviting Expressions of Interest (EOI) to establish a third cement grinding mill. The new mill will have a capacity of 120tph and will be set up at Mongla's cement factory in southern Bangladesh. Mongla Cement is owned by Sena Kalyan Sangstha (a self-financing welfare organisation dedicated to the welfare of ex-armed forces). The group is currently inviting local and foreign firms to provide complete consultancy services for the planning, design, procurement, selecting... |
Bangladesh clinker imports to become more costly11 June 2012, Published under Cement NewsWhile presenting his Budget Speech July 2012 to June 2013, Abul Maal Abdul Muhith, Minister for Finance, Government of Bangladesh has proposed that import duty on clinker to be imported by registered cement manufacturers will be increased from BDT350/t to BDT500/t. In addition, duty other cement clinker imports will rise from BDT 550/t to BDT750/t. In FY11, Bangladesh imported US$446m worth of clinker compared to US$333m in FY 2010 - representing a growth of 34%. The country usually im... |
Bangladesh growth potential - comment21 May 2012, Published under Cement NewsCement production in Bangladesh almost doubled in the past five years, but the country's per capita consumption is still one of the lowest in the world, according to Lafarge Surma’s managing director in a recent interview with local press. Speaking to the Daily Star on the potential for cement demand in the country, MD Mike Cowell, said: “Per capita cement consumption in Bangladesh is less than 100kg, which is 150kg in West Bengal and more than 1000kg in China.” The US$280m Lafarge Surm... |
Lafarge environmental compliance, Bangladesh18 May 2012, Published under Cement NewsLafarge Surma Cement Ltd (LCS) which is extracting limestone from Meghalaya for its cement plant in Bangladesh, has said that it was adhering to and complying with top environmental norms in its mines here as adopted by the company in its operations in top European countries. "We are following top environmental norms in our operations here as adopted by the company operation elsewhere in Europe, (Spain, France...)," Lafarge Surma Cements Ltd (LCS) CEO Tarek Elba told the Economic Times of... |
Crown Cement fined US$18,33125 April 2012, Published under Cement NewsThe Bangladeshi Department of Environment (DoE) has fined MI Cement Factory, popularly known as Crown Cement, BDT1.5m (US$18,331) for air pollution. DoE director (enforcement) Munir Chowdhury fined the managing director of the cement factory at Muktarpur in Munshiganj district on Tuesday. The factory was also asked to control air pollution within a week. DoE media statement said a team led by Munir found 1113m 3 of sulphur-dioxide and 2727m 3 of suspended particulate matter in the ... |
Bangladesh: Seven Rings Cement to double production capacity23 April 2012, Published under Cement NewsSeven Circle (BD) Ltd, one of the fastest-growing cement companies of the country, will double its production capacity to 3.3Mta by the end of 2014. "We have now the capacity of 1.7Mta and the expansion drive of our company was taken in view of the rising demand of cement," Asadul Haque Sufyani, general manager (Marketing) of Seven Circle (BD) Ltd, told The Financial Express in an interview recently. "Consumption of cement, one of the key backward linkages of the construction and real e... |
Lafarge CEO to visit Bangladesh21 March 2012, Published under Cement NewsBruno Lafont, Chairman and CEO of the Lafarge Group, is set to arrive in Dhaka, Bangladesh, today to review operations of its local subsidiary Lafarge Surma Cement. An official of the Lafarge Group of France told CemNet News that Mr Lafont will travel to Bangladesh following a trip to India where he is also reviewing the company's operations in the neighbouring country. During the Bangladesh visit, Mr Lafont is plans to review LSC's business and strategies and is scheduled to visit LS... |