Cement News tagged under: Bangladesh
Bangladesh: cement businesses disrupted by political unrest20 December 2013, Published under Cement NewsBangladesh's cement industry is being affected by political unrest in the country with blockades and disruption to transport routes. The supply of raw materials from port and cement exports to India have also been disturbed. The main opposition Bangladesh Nationalist Party (BNP)-led 18-party alliance has called number of times for the blockade of roads, rail- and waterways to press the government for its demands. The last blockade programme was ended on 19 December while the alliance has a... |
Bangladesh approves Aramit’s rights offer12 December 2013, Published under Cement NewsBangladesh's securities regulator Tuesday approved the rights offer of Aramit Cement to boost the company's capital base, according to local press reports. The cement manufacturer will offer one rights share against one existing shae, at an offer price of BDT15 each, including BDT5 as premium. The company will issue BDT1.69 crore rights shares to its existing shareholders to raise the fund. AAA Consultant and Financial Advisers will manage the rights share issue. |
Bangladesh sets next export revenue target24 October 2013, Published under Cement NewsThe government of Bangladesh has set an export revenue target of US$6.46m for cement, stone and salt over FY13-14 its export Promotion Bureau (EPB) has said. However, the country is facing a number of challenges as deliveries to its main export market of India have recently been in decline. Over FY12-13 Bangladesh exported US$6.15m, with earnings including minor amounts of stone and salt. In July 2013 alone, Bangladesh earned export revenues of US$0.71m compared to US$0.56m in the same mont... |
Ships transporting clinker collide at Chittagong port, Bangladesh13 September 2013, Published under Cement NewsThree ships carrying clinker collided at Chittagong Port in southern Bangladesh earlier this week, causing partial interruptions to supplies. However, local production has not been affected due to regular imports. An official of the Chittagong Port told CemNet News that on 9 September 'Fortune Cloud', a Panama-flag bulk carrier (carrying 33,000t of clinker) arrived at Chittagong’s outer anchorage and came into contact with Bangladesh-registered bulk carrier 'Abdullah' , laden with 37,300t... |
Star Cement exports clinker to Bangladesh via river route12 August 2013, Published under Cement NewsIndia-based Star Cement said it has dispatched its first barge of clinker to Bangladesh via river. The company is aiming to export over 50,000t of clinker to Bangladesh every month using the riverine route, the Meghalaya Times reported its President (Sales & Marketing), Jyoti Swaroop Agarwal, as saying. In a pilot project Star Cement had started clinker export to Bangladesh last year by road and now it has started to export by river. "We believe that this mode of logistics will definitely b... |
Bangladesh cement producers seek new export markets28 May 2013, Published under Cement NewsBangladesh cement producers are searching for new exports markets in a bid to extend their current reach and increase utilisation levels. Our cement export is fully dependent on north-eastern states of India, and now we are searching new destinations", Additional Managing Director of Crown Cement Alamgir Kabir told the Financial Express. “We have invited a number of new buyers to visit Bangladeshi cement industries and received a good response from the new destinations," he added. Current... |
Cementos Molins first-quarter profit down by 53%03 May 2013, Published under Cement NewsSpanish cement maker Cementos Molins reported a 53 per cent on the year drop in its profit for the first quarter of 2013 to EUR4.7m, mainly due to the losses sustained by the domestic market. Spanish subsidiaries closed the quarter with a EUR10.96m loss, 47 per cent more than the previous year. Consolidated turnover reached EUR195m with income falling by 18 per cent in the Spain and 6.6 per cent in overseas markets. The company, which operates a cement plant in the Catalan capital o... |
Taiheiyo wins Bangladesh logo case15 February 2013, Published under Cement NewsJapanese cement producer Taiheiyo Cement Corp has won a court case in Bangladesh for the use of its logo by local cement manufacturers. The Bangladesh District Judge, Dhaka, issued an order on 29 January 2013 stating that the "Defendants Nos 1-4 (Bengal Tiger Cement Industries Ltd and Others) be restrained from using the Trademark and Trade Name of the Plaintiff-petitioner (Taiheiyo Cement Corporation, Japan)." Bengal Tiger Cement Industries Ltd of Bangladesh was alleged producing, mar... |
Clinker dispatches resume from Chittagong port, Bangladesh14 January 2013, Published under Cement NewsThe dispatches of imported raw materials for the cement industry from Chittagong Port of Bangladesh to cement plants resumed on 12 January after the Bangladesh River Transport Workers’ Federation (BRTWF) had called off their strike. Chittagong Port Authority said the clinker unloading activities at Chittagong Port and 16 private jetties of Karnaphuli River resumed on Saturday. According to BRTWF, workers have called off the nationwide strike and returned to work as authorities agreed to ... |
Bangladesh: strike disrupts inland clinker transport11 January 2013, Published under Cement NewsAn indefinite strike by the Bangladesh River Transport Workers’ Federation has disrupted the transport of imported clinker from Chittagong Port to cement plants through inland rivers. No clinker has been transported since Wednesday due to the strike, a spokesman of Chittagong Port told CemNet News. The offloading of 12 foreign-flag vessels laden with 466,651t of clinker at the port is expected to be affected. Four vessels have seen their offloading of 177,139t of clinker halted mid-operat... |