Cement News tagged under: Bangladesh
Crown Cement earns BDT610.34m in FY22-2302 November 2023, Published under Cement NewsFor the July 2022-June 2023 financial year, Bangladesh cement producer, Crown Cement earned BDT610.34m (US$5.54m) against the loss of BDT229.27m incurred in FY21-22 (July 2021-June 2022). This was possible due to robust sales growth and increased product prices. In FY21-22 the company incurred losses due to rising raw material costs, foreign exchange losses and increased freight charges, Company Secretary, Md Mozharul Islam, told media and added that the growth in sales volume by 7.... |
Heidelberg Cement earns a net profit of BDT505.10m in 9M2301 November 2023, Published under Cement NewsHeidelbergCement Bangladesh Ltd earned a net profit of BDT505.10m (US$4.58m) in the nine months of January to September 2023 from a loss of BDT241.31m in the same period last year, according to the financial result of the company. The result tabulation shows that higher sales enable it to earn profit as its revenue rose eight per cent YoY to BDT13.86bn during this period. Warehousing, distribution and selling expenses rose more than 23 per cent YoY to BDT367.43m from BDT281.81m and ad... |
Bangladesh posts 101% cement export revenue growth in 3MFY2410 October 2023, Published under Cement NewsBangladesh has recorded 100.9 per cent YoY growth in cement export revenue to US$4.38m in the first three months (July-September 2023) of FY23-24 from US$2.18m earned in the same months of the previous year, according to the Bangladesh Export Promotion Bureau (EPB). This figure includes minor amounts of salt, stone and related products. A target of US$3.38m for three months was also surpassed by 29.6 per cent YoY. Bangladesh had set a higher target export revenue of US$15m for FY23-24 aga... |
Seven Rings Cement used to build new airport terminal in Bangladesh10 October 2023, Published under Cement NewsSeven Circle Bangladesh Ltd of Bangladesh announced that it supplied 333,000t of cement and approximately 1.27Mt of the aggregates for the newly-built terminal of Shahjalal International Airport in Dhaka, which Prime Minister Sheikh Hasina inaugurated on 7 October. Shun Shing Group of Hong Kong established Seven Circle Bangladesh Ltd to produce and market cement under the Seven Rings Cement brand. The first factory of Seven Rings Cement was established at Kaligong, Gazipur, Dhaka, under t... |
LafargeHolcim Bangladesh sets up rainwater storage for the community02 October 2023, Published under Cement NewsLafargeHolcim Bangladesh Ltd ( Holcim group ) inaugurated a “Rain Water Harvesting for Safe Drinking Water for the Community” project near its plant in Chhatak , Sunamganj, on 29 September 2023. The availability of safe drinking water in Chhatak has always been a community concern. In most cases, the community people have to collect water from the pond and other sources, which is unsafe to drink and leads to various waterborne diseases, according to the company. LafargeHolcim Banglades... |
Chhatak Cement Co's modernisation faces further delays22 September 2023, Published under Cement NewsState-run Chhatak Cement Co in Sunamgonj, Bangladesh, might not return to production anytime soon as its modernisation project is set to miss the deadline for the second time, while uncertainty over the supply of limestone persists. Initiated in 2016, the project aimed to replace the existing wet-process line with a new dry-line to raise output to 1500tpd in a fuel-efficient and eco-friendly way, up from 200-300tpd when it was last operational in March 2020. The delay comes d... |
Unique Cement Industries Ltd joins WCA22 September 2023, Published under Cement NewsThe World Cement Association (WCA) has welcomed Bangladesh-based Unique Cement Industries Limited as a corporate member. Established in 2002, Unique Cement has 1500 employees and is a subsidiary of Meghna Group Industries, one of the largest and fastest growing industrial conglomerates in Bangladesh. Unique Cement started its journey with a 1500tpd grinding plant in Meghnaghat , Sonagon. More production lines were added in 2007, 2012 and 2019 taking total cement production capacity to 5Mt... |
Bangladesh posts 79% cement export revenue growth in July and August 202311 September 2023, Published under Cement NewsBangladesh has recorded 78.8 per cent YoY growth in cement export revenue to US$2.95m in the first two months of FY23-24 (July-August 2023) from US$1.65m earned in the same months of the previous year, according to the Bangladesh Export Promotion Bureau (EPB). This figure includes minor amounts of salt, stone and related products. The target of US$2.26m for two months was also surpassed by 30.5 per cent YoY. Bangladesh had set a higher target export revenue of US$15m for FY23-24 against U... |
Bangladesh's mega infrastructure projects provide cement demand04 September 2023, Published under Cement NewsThe Bangladesh government is implementing around a dozen mega projects using locally-made construction materials instead of imported alternatives. Bangladesh Prime Minister, Sheikh Hasina, inaugurated the 11.5km Airport-Farmgate segment of the 19.73km Dhaka Elevated Expressway, the first of its kind in the country, on 2 September. This expressway promises to be a game-changer for commuters in the capital city. According to the project details, 65 per cent of the work has been completed and w... |
Bangladesh cement producers switch to VRMs and roller presses31 August 2023, Published under Cement NewsBangladesh cement manufacturers are replacing their traditional ball mills (TBMs) with sophisticated vertical roller mill (VRM) and roller press (RP) equipment, reports the Daily Star. Although VRM and RP-based manufacturing lines are three times costlier than the traditional ones, advanced technologies can help sustain businesses in the long run. Nine large companies - Shah Cement , Bashundhara Cement , Fresh Cement, Premier Cement Mills , Seven Rings , Crown Cement , LafargeHolcim ,... |