Cement News tagged under: Bangladesh
Bangladesh: clinker shipment held at port03 January 2013, Published under Cement NewsA clinker shipment from Singapore for Bangladesh's second largest cement producer HeidelbergCement Bangladesh (HCB) has been hindered by litigation for the past month. According to sources from the Chittagong Port Authority (CPA), as well as Bangladesh shipping Industry sources, a foreign flag bulk carrier DD Fidelity has been detained since 6 December 2012 on the order of the High Court of Bangladesh due to a dispute regarding the original bill of landing. The vessel shipped 22,810t o... |
Bangladesh: Premier Cement Mills completes expansion programme16 November 2012, Published under Cement NewsLeading cement manufacturer and exporter in Bangladesh, Premier Cement Mills Limited (PCML), has announced the completion of it expansion programme, raising the consolidated installed capacity of PCML to 2.4Mta from 1.2Mta at West Mukterpur, Munshigonj in central Bangladesh. MD Shafiqul Islam Talukder, Chief Finance Officer & Company Secretary of PCML, told CemNet that the expansion project for the third and fourth units were being completed at an estimated cost of over BDT1.11bn (USD13.5... |
Cementos Molins posts EUR31m profit, up 85%31 October 2012, Published under Cement NewsSpain’s Cementos Molins has posted a profit of EUR31.16m in the first nine months of the year. The 85 per cent rise has been attributed to successful foreign business, which continues to offset the decline in Spanish sales. The company’s operations in Spain have seen profits decline on the back of a 16 per cent drop in domestic sales as Spanish cement demand continues to post further lows. The drastic falls in consumption have seen cement demand plunge to a level not seen since the 1960s.... |
Holcim: August '1203 September 2012, Published under Cement NewsCement sales during 1H2012 increased from 70.9Mt to 74Mt, up 4.4 per cent YoY, while sales of aggregates and ready-mix concrete fell by seven and 1.3 per cent to 75.6Mt and 22.8Mm3, respectively. As a result, net sales rose 2.1 per cent to CHF10.357bn (US$11.157bn/ R8.591bn). The rise in cement sales is the result of active emerging markets and North American gains. In particular, group companies in India, the Philippines, Thailand and Indonesia benefitted from significantly higher cement s... |
Thang Long Cement plans to increase exports, Vietnam29 August 2012, Published under Cement NewsVietnam-based producer Thang Long Cement JSC plans to double monthly cement exports to Cambodia from its Hiep Phuoc grinding plant to 10,000 due to increased demand in the neighbouring market. Since the start of this year, the company has shipped around 5000t and 2000t of cement to Cambodia and Indonesia, respectively from the grinding facility, according to the company’s director Mai Anh Tai. Thang Long Cement plans to export around a further 150,000t of cement to these two markets betwe... |
Bangladesh industry consolidation gathers pace07 August 2012, Published under Cement NewsCement sector consolidation in the Bangladesh industry is set to gather pace as more than 70 smaller cement factories have folded operations in the past 12 years having lost ground to larger players. According to a report in the Financial Express (Bangladesh) more are on the verge of shutdown as tight bank loans for smaller factories and massive investments by local and global players have accelerated the closure of units with capacity below 6000t. "It's like a story of big fish gobbli... |
Vietnam exports seen rising10 July 2012, Published under Cement NewsExports of cement and clinker are forecast to increase by 27 per cent this year compared to 2011, according to forecasts by the Vietnam Cement Association (VNCA). As as the country attempts to reduce excess supplies, the VNCA expects clinker exports this year to reach 6.2Mt and cement exports to be around the 1.5Mt mark, bringing overall volumes to 7.7Mt. Last year, total exports reached 6.04Mt, comprising 5.76Mt of clinker and 0.28Mt of cement. For the first six months of 2012, around... |
Mongla Cement plans third grinding mill, Bangladesh26 June 2012, Published under Cement NewsMongla Cement is inviting Expressions of Interest (EOI) to establish a third cement grinding mill. The new mill will have a capacity of 120tph and will be set up at Mongla's cement factory in southern Bangladesh. Mongla Cement is owned by Sena Kalyan Sangstha (a self-financing welfare organisation dedicated to the welfare of ex-armed forces). The group is currently inviting local and foreign firms to provide complete consultancy services for the planning, design, procurement, selecting... |
Bangladesh clinker imports to become more costly11 June 2012, Published under Cement NewsWhile presenting his Budget Speech July 2012 to June 2013, Abul Maal Abdul Muhith, Minister for Finance, Government of Bangladesh has proposed that import duty on clinker to be imported by registered cement manufacturers will be increased from BDT350/t to BDT500/t. In addition, duty other cement clinker imports will rise from BDT 550/t to BDT750/t. In FY11, Bangladesh imported US$446m worth of clinker compared to US$333m in FY 2010 - representing a growth of 34%. The country usually im... |
Bangladesh growth potential - comment21 May 2012, Published under Cement NewsCement production in Bangladesh almost doubled in the past five years, but the country's per capita consumption is still one of the lowest in the world, according to Lafarge Surma’s managing director in a recent interview with local press. Speaking to the Daily Star on the potential for cement demand in the country, MD Mike Cowell, said: “Per capita cement consumption in Bangladesh is less than 100kg, which is 150kg in West Bengal and more than 1000kg in China.” The US$280m Lafarge Surm... |