Cement News tagged under: Bangladesh

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Delays in offloading clinker at Chittagong following marine incident

29 June 2017, Published under Cement News

Delays in the offloading of clinker have been experienced at Bangladesh's Chittagong Port after bulk carrier Ocean Phoenix, laden with 45,000t of clinker on board, started to drift on the outer anchorage, after her anchor dragged. The vessel then made contact with the anchored stern of bulk carrier Green Phoenix, which was also loaded with 54,500t of clinker. Both vessels sustained damages, and are being surveyed and repaired followed by complete offloading, according to industry sources ...

Aman Group inaugurates second grinding mill

24 May 2017, Published under Cement News

Bangladesh’s Minister of Commerce, Tofail Ahmed, has inaugurated the Aman Group’s second grinding unit which is situated in Narayanganj, near the capital city of Dhaka. Loesche reported earlier this year that it has supplied a LM 56.3+3 CS vertical roller mill for the facility, named Aman Cement Mills Unit-2. The VRM has the capacity to grind 240tph of Portland and composite cement clinker with a fineness of 3200Blaine, or 175tph of ground granulated blastfurnace slag with a fineness of 450...

Vietnam April exports up 6.7%

19 May 2017, Published under Cement News

Vietnam exported more than 1.9Mt of cement and clinker, reflecting an export value of US$67.4m, according to the country’s Customs Department. This represents a YoY increase of 6.7 and 7.6 per cent, respectively. In the first four months of the year, the country exported 6.7Mt of cement and clinker, up 12.8 per cent YoY. In terms of value a 7.9 per cent rise to US$235m was reported. Bangladesh and the Philippines were the largest importers, accounting for 37 and 32 per cent, respectively o...

Cementos Molins to raise capacity by 4.4Mta

09 May 2017, Published under Cement News

In the next three years Cementos Molins plans to invest EUR350m to increase its capacity by 4.4Mta. The company currently has projects in Argentina, Colombia and Bangladesh. In Argentina the company will invest EUR100m in its joint venture with Votorantim, Cementos Avellaneda. The sum represents about half the investment required to add 0.2Mta at the Olavarría unit this year and expand capacity at the San Luis works to 0.9Mta by 2019.  Meanwhile, in Colombia Cementos Molins and its pa...

MI Cement signs MoUs with Housing and Building Research Institute

09 May 2017, Published under Cement News

MI Cement Factory or Crown Cement and GPH Ispat have signed two separate memoranda of understanding with the Housing and Building Research Institute to develop environment-friendly construction materials. The two agreements were signed by Crown Cement Executive Director, Md Habibur Rahman Mollah, GPH Ispat Director, Md Ashrafuzzaman, and Housing and Building Research Institute Director Engineer, Mohammad Abu Sadeque on Sunday, local media report. The Housing and Building Research Insti...

Vietnam 1Q exports rise 11% YoY

18 April 2017, Published under Cement News

Vietnam exported 4.82Mt of cement and clinker worth US$168.65m in the first quarter of this year, representing 11 per cent increase YoY in volume and 6.4 per cent in value, according to the latest data of the General Department of Vietnam Customs. In March the country’s clinker and cement exports rose 7.8 per cent from February in volume and 7.6 per cent in value to 1.8Mt worth US$62.67m, the Xay Dung online newspaper quoted the government department as saying. Bangladesh remained the ...

Bangladesh: Meghna Cement Mills to raise capacity

12 April 2017, Published under Cement News

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.

Cemex

04 April 2017, Published under Cement News

Cemex has agreed the sale of its operations in Bangladesh and Thailand to Siam City Cement for around US$53m. In Thailand there is an integrated works at Saraburi with a clinker capacity of 0.73Mta and a cement capacity of 0.85Mta. The Bangladesh operation consists of a grinding centre with a capacity of 0.55Mta. Cemex is also considering the sale of a minority stake in Cemex Holdings Philippines through a public offering and has lodged an appropriate application with the Securities & ...

Gas price hike to raise Bangladeshi cement prices

27 February 2017, Published under Cement News

Following a hike in gas prices by Bangladesh Energy Regulatory Commission, a rise in the production cost and sales price of cement is expected in the country. The gas price for captive power and industrial sector has been increased by 15 per cent and 15.13 per cent, respectively, to be imposed in two phases between March and June this year. Local businessmen and experts were of view that it would impact the economy and argued that it is not the permanent solution to mitigate the gas cr...

Siam City Cement Bangladesh appoints new CEO

02 February 2017, Published under Cement News

Thailand-based Siam City Cement (Bangladesh) Ltd has appointed PN Iyer as its new CEO. According to the cement firm, Mr Iyer has over 35 years’ experience in sales and marketing across different cement companies around the world. Mr Iyer attended IMD Business School in Switzerland and is also an alumni of Harvard Business school.