Cement News tagged under: Crown Cement

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Building for a boom

21 January 2019, Published under Cement News

As ICR looks at the Bangladeshi cement market, it speaks with Masud Khan, CEO of MI Cement, about the status of the domestic market, the company’s achievements to date and plans for the future. Masud Khan, CEO of MI Cement, speaks with ICR about the company’s plans for the Bangladeshi cement sector ICR: What are the main factors that impact on Bangladesh’s (low) per capita cement consumption? Are poor distribution routes to rural areas a major factor? Masud Khan (MK): Bangla...

MI Cement to set up new 8400tpd line

21 January 2019, Published under Cement News

Bangladesh’s MI Cement Factory Ltd has announced that it will set up its sixth cement unit in Muktagachha, Munshiganj, at a cost of BDT6bn (US$71.54m). The new line is expected to have a capacity of 8400tpd and enter commercial operation by 2021. Upon completion, the company’s total capacity will rise 76 per cent to 19,400tpd from 11,000tpd. The decision to expand was taken after the company’s board of directors was encouraged by a growing demand for its cement, according to a company offic...