Cement News tagged under: Holcim Bangladesh
LafargeHolcim Bangladesh amalgamates subsidiary06 December 2018, Published under Cement NewsLafargeHolcim Bangladesh Ltd (LHBL) informed Dhaka Stock Exchange on 2 December that the Board of Directors has decided to amalgamate of the company with its subsidiary Holcim Cement (Bangladesh) Ltd (HCBL). The amalgamation is subject to requisite approval of the banks and other creditors to the company, approval of the shareholders and finally, sanction of the Honourable High Court Division of the Supreme Court of Bangladesh. LHBL has acquired 100 per cent shares of HCBL for a conside... |
Lafarge Surma Cement acquires Holcim Bangladesh15 December 2016, Published under Cement NewsThe Board of Lafarge Surma Cement Ltd has approved the acquisition of 100 per cent shares of Holcim Bangladesh from LafargeHolcim Group. The transaction is subject to approval by the shareholders of Lafarge Surma as well as other regulatory and customary approvals in Bangladesh, according to a company statement. Following the completion of the transaction, the company will own the only clinker production facility in Bangladesh and four grinding plants across the country. "This synergy w... |
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... |
Sumanta Pandit appointed CEO of Holcim (Bangladesh)29 December 2014, Published under Cement NewsSumanta Pandit has recently been appointed chief executive officer of Holcim (Bangladesh). Mr Pandit joins the company from Emirates Cement, a subsidiary or India's UltraTech Cement where he headed the business as Country Manager. Previously, Mr Pandit has worked for various multinational cement companies in different managerial roles. In his 22 year cement industry career, he has worked in Switzerland, Oman, Kuwait, Sri Lanka and Sudan. |
Holcim expansion project complete, Bangladesh30 June 2014, Published under Cement NewsHolcim Bangladesh has completed expansion of its Meghnaghat grinding plant, achieving an additional capacity of 0.7Mta. The investment included installation of a 110tph closed circuit ball mill, a 0.7Mta electronic packer, a bulk loading system, 30,000t clinker storage unit and pneumatic fly ash unloader Aidan Lynam, corporate Functional Manager in charge of the technical support for South Asia, who also oversees Holcim’s activities in Bangladesh and Sri Lanka, travelled to Dhaka City... |
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