Cement News tagged under: Lafarge Surma Cement

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Lafarge Surma Cement changes name

01 March 2018, Published under Cement News

Lafarge Surma Cement Ltd has changed its name to LafargeHolcim Bangladesh Ltd, effective from Thursday. According to a notification to the Dhaka Stock Exchange, "other things of the company (except name and trading code) will remain unchanged." The trading code has changed from ‘LAFSURCEML’ to ‘LHBL’ on the main bourse. Lafarge Surma Cement approved the acquisition of Holcim Cement (Bangladesh) on 23 December 2017, at a price of BDT5.04bn (US$60.56m). The company’s plant is located in Chha...

Lafarge completes Holcim shares acquisition

09 January 2018, Published under Cement News

Lafarge Surma Cement Ltd (LSCL) has completed the required documents to transfer the shares of Holcim Bangladesh Ltd (HBL) to LafargeHolcim Bangladesh Ltd. The step was part of the acquisition of HBL at a price set by the Bangladesh Bank, which announced a price of BDT5.05bn (US$60.8m) on 24 December 2017.

Lafarge Surma Cement acquires Holcim Bangladesh

15 December 2016, Published under Cement News

The Board of Lafarge Surma Cement Ltd has approved the acquisition of 100 per cent shares of Holcim Bangladesh from LafargeHolcim Group. The transaction is subject to approval by the shareholders of Lafarge Surma as well as other regulatory and customary approvals in Bangladesh, according to a company statement. Following the completion of the transaction, the company will own the only clinker production facility in Bangladesh and four grinding plants across the country. "This synergy w...

India: Lafarge Surma mine to expand production

01 December 2016, Published under Cement News

Bangladeshi cement manufacturer Lafarge Surma Cement (LafargeHolcim Group) has received environmental clearance from the Indian government for its mining company to more than double its limestone production capacity to 5.5Mta. Lafarge Umiam Mining, a fully-owned subsidiary of Lafarge Surma based in Meghalaya on the Bangladesh border, currently has clearance to produce and transport 2.2Mta of limestone to Surma’s manufacturing plant in Bangladesh. The Ngntrai mine was set up as per an a...

Lafarge Surma Cement and Holcim Bangladesh in merger talks

14 November 2016, Published under Cement News

Lafarge Surma Cement Ltd (LSC) has reportedly started talks with Lafarge Holcim Group to merge with Holcim Bangladesh Ltd (HBL). Lafarge Surma Cement, in a notice to Dhaka Stock Exchange last week, informed that the company is exploring the opportunity of combining LSC's business with HBL. A merger has the potential to create significant synergies as well as further position both HBL and LSC brands for future growth in Bangladesh. However, at this stage the Board of Directors of LSC emphas...

Bangladesh: Lafarge Surma signs deal with real estate company

14 August 2015, Published under Cement News

Lafarge Surma Cement Ltd (LSC) has signed a Memorandum of Understanding (MoU) with Building Technology & Ideas Ltd (BTI), one of the leading real estate companies of Bangladesh. Under the agreement, BTI will use Supercrete cement in all its construction projects. Masud Khan, finance director of Lafarge Surma Cement Ltd, and Md Sharifur Rahman, executive director, Construction of BTI signed the agreement on behalf of their respective organisations at the Six Season Hotel in Gulshan. 

Lafarge Surma signs grinding supply agreement with Metrocem, Bangladesh

23 July 2014, Published under Cement News

Lafarge Surma Cement has signed a contract to supply Metrocem Cement Ltd with clinker from its integrated cement plant in Bangladesh. Under the agreement, Lafarge Surma Cement will provide high-quality clinker to Metrocem Cement, which will then produce a Portland Composite Cement brand for Lafarge Surma Cement. Tarek Elba, CEO of Lafarge Surma Cement, and Md Shahidullah, Managing Director of Metrocem Cement signed the agreement on behalf of their respective companies.

Probe against Lafarge Surma land acquisition and quarrying operations

23 April 2014, Published under Cement News

The Indian Compliance Advisor/Ombudsman (CAO) is assessing a complaint filed against Lafarge Surma Cement's land acquisition and limestone quarrying operations in Meghalaya, India. Lafarge Surma Cement, a joint venture between Lafarge and Cementos Molins of Spain, operates a 1.6Mta plant at Chhatak, Bangladesh. Due to the country’s lack of limestone deposits, the Chaatak plant is a cross-border facility with a captive limestone mined located at Meghalaya, India, from where limestone is tra...

Lafarge environmental compliance, Bangladesh

18 May 2012, Published under Cement News

Lafarge Surma Cement Ltd (LCS) which is extracting limestone from Meghalaya for its cement plant in Bangladesh, has said that it was adhering to and complying with top environmental norms in its mines here as adopted by the company in its operations in top European countries. "We are following top environmental norms in our operations here as adopted by the company operation elsewhere in Europe, (Spain, France...)," Lafarge Surma Cements Ltd (LCS) CEO Tarek Elba told the Economic Times of...

Lafarge CEO to visit Bangladesh

21 March 2012, Published under Cement News

Bruno Lafont, Chairman and CEO of the Lafarge Group, is set to arrive in Dhaka, Bangladesh, today to review operations of its local subsidiary Lafarge Surma Cement. An official of the Lafarge Group of France told CemNet News that Mr Lafont will travel to Bangladesh following a trip to India where he is also reviewing the company's operations in the neighbouring country.  During the Bangladesh visit, Mr Lafont is plans to review LSC's business and strategies and is scheduled to visit LS...