Cement News tagged under: Bangladesh

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Bangladesh cement industry seeks stimuli to meet challenges of COVID-19

23 April 2020, Published under Cement News

Bangladesh's cement industry is facing numerous challenges amid the coronavirus pandemic and sees no immediate respite as the government plans to further extend the lockdown period. The lockdown has reportedly disrupted production, dispatches and handling import of raw materials at port.   The trading of seven cement companies' scripts in Bangladesh's two stock exchanges will also continue to remain unavailable, as the government is likely to further extend holidays from 25 April to 5 May, ...

Coronavirus impacts Pakistani cement trade

21 April 2020, Published under Cement News

The exports of clinker and cement from Pakistan to Afghanistan, Bangladesh, Sri Lanka and rest of the world have been impacted by the lockdown, curfew and other measures to stop the spread of the coronavirus in these countries. This was disclosed by Irfan Amanullah, senior general manager, Attock Cement Pakistan Ltd (ACPL), during a presentation of Cement Sector Outlook, organised by BMA Capital in Karachi.   He attributed the disruption due to a number of reasons and said no exports were be...

Cement exports from Bangladesh dip in 9MFY19-20

16 April 2020, Published under Cement News

Bangladesh's government saw a modest fall of more than six per cent in total export during the first nine months of the FY19-20 as the initial impacts of coronavirus began to impact business, but fortunately overseas cement dispatches were only slightly down, according to data released by Bangladesh Export Promotion Bureau (EPB).   However, Bangladeshi economist Mohammad Shahjahan Siddiqui has cautioned through local media that there will be a serious impact of coronavirus in the country's ...

Shah Cement distributes food items to construction workers and families

14 April 2020, Published under Cement News

Shah Cement Industries Ltd of Bangladesh has taken an initiative to provide food items and handwash to construction workers and their families considering that many workers have become jobless during the coronavirus situation, says a press release. The cement company had selected 80 points across the country to distribute the items and since 30 March, a total of 10,000 construction workers have gotten the benefit under the supervision of Shah Cement officials and its distributors of respect...

Offloading of clinker continues at Chittagong Port in Bangladesh

10 April 2020, Published under Cement News

Offloading of imported raw materials for the cement industry continues at the Chittagong Port of Bangladesh (CPA), even as the port suffers container storage congestion. According to the CPA, 22 vessels are currently at outer anchorage at the port, each laden with more than 45,000t to 50,000t of clinker, while seven of them are unloading cargoes and able to work without interruption. Vessel crew are being checked as per health and safety guidelines set by the port authorities. The other ...

Trading of cement scripts still suspended in Bangladesh

07 April 2020, Published under Cement News

The trading of seven leading cement firms' scripts in two stock exchanges of Bangladesh are suspended due to measures taken by the Dhaka government to stop the spread of coronavirus across the country.   No trading was held from 26 March in shares of Aramit Cement Ltd, Confidence Cement Ltd, HeidelbergCement Bangladesh Ltd, LafargeHolcim Bangladesh Ltd, Meghna Cement Mills Ltd, MI Cement Factory Ltd and Premier Cement Mills Ltd.   The Bangladesh's two bourses, Dhaka Stock Exchange (DSE) and ...

Bangladesh construction and cement sectors meet COVID-19 challenges

01 April 2020, Published under Cement News

The Bangladeshi cement and construction industries have been directly and indirectly affected by the ongoing measures taken by the country's government to control the spread of the coronavirus pandemic. The country, which has been on holiday since 26 March, is likely to see its time off extended by five additional days to 9 April as a result. This is expected to impact the cement supply chain and continue to disrupt the implementation of large projects, according to local media reports.   Th...

Measures to stop COVID-19 spread expected to impact Bangladeshi cement industry

26 March 2020, Published under Cement News

The Bangladeshi cement industry is likely to be affected by the measures taken by government to halt the spread of the coronavirus in the country. All passenger trains and vessel departures, except cargo trains and ships, have been suspended for an indefinate period. In addition, the government announced a 10-day general holiday from 26 March until 4 April as well as a relief package. Bangladeshi Prime Minister, Sheikh Hasina, announced a BDT50bn incentive package for export-oriented indu...

Clinker imports into Bangladesh up 4%

23 March 2020, Published under Cement News

The import of clinker into Bangladesh has increased by 3.6 per cent in the first seven months of the FY19-20, according to data released by the Central Bank of Bangladesh. Clinker volumes to a value of US$554.8m were imported during this period, a significant increase when compared with 7MFY18-19 when the value of clinker imports reached US$535.3m. Total imports declined by 4.4 per cent YoY to US$34.58bn between July 2019 and January 2020. The fall is due to a number of factors, including...

Detained vessel allowed to sail from Bangladesh, as no coronavirus found

16 March 2020, Published under Cement News

The Bangladeshi port authority Mongla Port did not find any symptoms of COVID-19 in the crew of the bulk carrier Serenitas N, which later off-loaded imported coal at birth and sailed on 15 March, say Bangladesh shipping industry sources. On arrival in the first week of March the vessel carrying the flag of the Marshall Islands had suspended off-loading of imported coal at Mongla, due to suspicion of the coronavirus affecting the crew. The vessel was detained when three sailors of vessel h...