Cement News tagged under: Bangladesh
Procurement process begins for new Deshbandhu Group plant19 March 2019, Published under Cement NewsBangladesh-based Deshbandhu Group and Guangdong Power Engineering Co Ltd are now seeking project finance for their proposed 1500tpd cement plant near Dhaka. The new facility requires a total investment of US$90m. Guangdong Power Engineering has secured half of this sum from one of China’s domestic development banks, according to Inside International Industrials. Guangdong Power Engineering will be responsible for design, procurement, construction, installation and testing, according to th... |
Vietnamese exports rise 15% in February12 March 2019, Published under Cement NewsVietnamese exports have risen 15.2 per cent in volume and 36.3 per cent in value for February 2019, rising to around 2.5Mt and US$105m, respectively. The average export price has increased 18.3 per cent YoY to US$42/t, according to the country’s Foreign Trade Agency. The three main export markets for Vietnamese cement were the Philippines, China and Bangladesh at 2.1Mt in February, accounting for more than 75 per cent of total exports. In the first two months of the year, exports were up 7.... |
LafargeHolcim Bangladesh's profits up 38%04 March 2019, Published under Cement NewsLafargeHolcim Bangladesh has informed Dhaka Stock Exchange (DSE) that its consolidated profit stood at BDT1.11bn (US$13.1m) for the year ended on 31 December 2018, up 38 per cent from BDT805m in the previous year. Producing around 4.2Mta of cement, LafargeHolcim Bangladesh has sofar invested about US$500m in Bangladesh, and is having plans for further investments. The plant at Chhatak, Sunamganj, is the only dry-process integrated cement plant of the country. Furthermore, the company's pl... |
Payra Port Authority reschedules pre-bid meeting for coal/bulk terminal28 February 2019, Published under Cement NewsPayra Port Authority (PPA), under the Bangladesh Ministry of Shipping has issued a notice to reschedule a pre-bid meeting for development of a coal/bulk terminal at Payra Port ,Kalapara, Patuakhali, in southern Bangladesh. The pre-bid meeting will now be held on 12 March 2019, says the port authority. The port authority earlier announced it was seeking the expertise of international experts or consortium to participate in proposed project. The successful bidders/consortium will design, bu... |
Construction industry booming in Bangladesh26 February 2019, Published under Cement NewsThe demand for cement, steel, bricks and other construction materials recorded a good growth in Bangladesh during 2018 and looks to perform even better this year implementation of major infrastructure projects is accelerated, according to local media reports. According to Munir Uddin Ahmed, president of the Bangladesh Association of Construction Industry (BACI), 2018 was good for the industry as there had been no sharp increase in the prices of raw materials, and prices of cement, stones,... |
Bangladesh reports fall in cement export for 7MFY1925 February 2019, Published under Cement NewsBangladesh's cement industry recorded a fall of 15.27 per cent in export revenue to US$6.55m during the first seven months of FY18-19 (July-January, 2019) compared to US$7.73m, earned in the same months last year, according to the Bangladesh Export Promotion Bureau. The export figure also includes a minor amount of salt, stone and related products. The seven months export is also short of target by 18.54 per cent set by the government for the 7MFY19, ie US$8.04m. Bangladesh's governm... |
Payra Port Authority plans coal/bulk terminal14 February 2019, Published under Cement NewsPayra Port Authority (PPA), under the Ministry of Shipping, Government of Bangladesh, intends to develop a coal/bulk terminal at Payra Port, Kalapara, Patuakhali, Bangladesh, via a public-private partnership (PPP). The port authority announced it was seeking the expertise of international experts or consortium to participate in proposed project. The successful bidders/consortium will design, build, finance, operate and maintain the coal/bulk terminal and subsequently transfer the termina... |
Madanganj plant to expand capacity by 0.3Mta14 February 2019, Published under Cement NewsBashundhara Industrial Complex (Bashundhara group) plans to expand its cement production capacity at its Madanganj cement plant in Narayanganj, Bangladesh. The current cement capacity of the plant is 2.1Mta and will rise by 0.3Mta to 2.4Mta after the expansion project, which is scheduled to be commissioned in 2020 taking the Bashundhara group's cement capacity to 7.56Mta. "We are enhancing our cement production capacity to meet the rising demand," said Mohammed Balayet Hossain, senior depu... |
Clinker damaged on route to Meghnaghat plant31 January 2019, Published under Cement NewsThe MV Haji Abdul Jalil, a vessel carrying 850t of clinker, has anchored near Chandpur Launch Terminal after a crack developed on its keel on the Meghna river. Most of the cement clinker has been damaged, reports Mohammad Asad who is in charge of the vessel. The MV Haji Abdul Jalil had to anchor near the terminal on its journey from Holudiya in India. The ship was originally heading for Narayanganj and LafargeHolcim Cement's Meghnaghat plant. |
Pakistan's cement sector contracts by 1% in 1QFY1930 January 2019, Published under Cement NewsThe State Bank of Pakistan on Tuesday released its first quarterly report on the State of Pakistan’s economy for FY19. According to the report, the overall macroeconomic environment remained challenging during the first quarter of FY19 as suggested by the preliminary data. It pointed out that the 6.2 per cent target for real GDP growth seems unachievable with the policy focus now tilted towards macroeconomic stabilisation. The cement sector's output contracted by 1.4 per cent in 1QFY19 a... |