Cement News tagged under: Crown Cement
MI Cement Factory moves forward with expansion plans08 June 2021, Published under Cement NewsBangladesh’s MI Cement Factory has reopened its investment plan worth BDT7.70bn (US$91.74m), which will see it set up its sixth production line at its factory in Munshiganj. The new production line will add 8280tpd to its existing capacity of 11000tpd. The company has postponed the project in October last year, but has reversed the decision following the industry’s recovery from the impacts of the pandemic. |
VRM to Crown operations18 August 2020, Published under Cement NewsWhen Crown Cement identified the need to increase the cement capacity of its plant in Bangladesh it opted for vertical roller mill (VRM) technology from Loesche. With a range of VRM benefits, total grinding capacity has increased to 11,000tpd and has offered more product versality with local operating conditions in mind. By Masud Khan, Crown Cement Group, Bangladesh. Crown Cement saw several rounds of capacity upgrades with the latest such project starting in 2017 Vertical rolle... |
Crown Cement cuts employee salaries24 June 2020, Published under Cement NewsBangladesh-based Crown Cement has decided to reduce the salaries and other benefits of its employees by 20.5 per cent as it attributes an unprecedented loss in the current financial year to the coronavirus pandemic. However, the employees in the sales department of the company will see a 4.4 per cent increase in their salaries, according to an anonymous official of the cement company as reported in the Daily Sun newspaper. He also said that the cement industry has started to feel the imp... |
Crown Cement Group to supply road project04 November 2019, Published under Cement NewsBangladesh’s Crown Cement Group has signed an agreement with China Construction Seventh Engineering Division Corp Ltd, which will see the cement manufacturer supply cement to the South Asia Sub-regional Economic Cooperation (SASEC) Road Connectivity Project-II. The SASEC Road Connectivity Project-II is an initiative to upgrade around 190km of road from Elenga, Tangail District, to Rangpur to a four-lane highway. The project is expected to improve accessibility between the capital and 16 nor... |
Building for a boom21 January 2019, Published under Cement NewsAs 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 line21 January 2019, Published under Cement NewsBangladesh’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... |