Lafarge Surma Cement changes name

Lafarge Surma Cement Ltd has changed its name to LafargeHolcim Bangladesh Ltd, effective from Thursday. According to a notification to the Dhaka Stock Exchange, "other things of the company (except name and trading code) will remain unchanged." The trading code has changed from ‘LAFSURCEML’ to ‘LHBL’ on the main bourse.

Lafarge Surma Cement approved the acquisition of Holcim Cement (Bangladesh) on 23 December 2017, at a price of BDT5.04bn (US$60.56m). The company’s plant is located in Chhatak Sunamganj and has a production capacity of 4.2Mt.