Bangladesh: Meghna Cement Mills to raise capacity

Meghna 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.