Cement News tagged under: MI Cement

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Bangladesh cement exports surpassed export in 11MF22-23

07 June 2023, Published under Cement News

Bangladesh has reported 43.9 per cent YoY growth in cement export revenue to US$12.52m in the first 11MFY22-23 (July 2022-May 2023). This compares to US$8.7m in the same period a year earlier.  The value of the target set for this period also saw a hefty growth of 26 per cent. According to the Bangladesh Export Promotion Bureau (EPB), this figure includes minor amounts of salt, stone and related products. Most of the cement exports were shipped to neighbouring countries. For the full F...

Bangladesh cement exports surpass target by 20.7% in 9MFY23

05 April 2023, Published under Cement News

Bangladesh has reported 48.7 per cent YoY growth in cement export revenue to US$9.68m in the 9MFY22-23 (July 2022-March 2023). This compares to US$6.51m in the same period a year earlier.   The value of the target set for this period also saw a healthier growth of 20.7 per cent. According to the Bangladesh Export Promotion Bureau (EPB), this figure includes minor amounts of salt, stone and related products. Most of the cement exports were shipped to neighbouring countries. For th...

VRM to Crown operations

18 August 2020, Published under Cement News

When 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...

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...

Bangladesh cement profitability falls in 1Q18

08 May 2018, Published under Cement News

The Bangladeshi cement industry reports a fall in profit due to the increase in raw material cost despite an increase in sales volumes of 12 per cent in 1Q18. The earnings of listed cement companies at the Dhaka Stock Exchange declined moderately for January-March quarter of 2018 as compared to the same period of the previous year as profit margins were squeezed. Cement companies saw tighter margins due several factors, including higher raw material prices, while cement prices have not incre...