Cement News tagged under: Premier Cement Ltd
Premier Cement sets date for production at new units14 October 2020, Published under Cement NewsBangladesh’s Premier Cement is yet to begin production at two of its new manufacturing units despite being fully-prepared in March, as a few key foreign experts and employees could not return to Bangladesh due to the COVID-19 pandemic. "We could not start production within the stipulated time due to the absence of some technical experts and workers from China and Denmark," said Mohammed Amirul Haque, managing director. After operating on a trial basis for a month, the units were schedu... |
Bangladesh producers seek advanced income tax refund of BDT7500m28 August 2020, Published under Cement NewsBangladeshi cement manufacturers have requested that the National Board of Revenue makes payment of BDT7500m (US$88,47m) as a refundable advanced income tax to help them recover some of their losses from the coronavirus pandemic. Previous attempts to seek similar demands in the national budget were turned down. "We need a fresh injection of capital to recover the losses incurred due to pandemic. We have fallen in capital shortage as well. So, the government should refund our adjustable fund... |
Premier Cement's two new plants ready for trial operation18 November 2019, Published under Cement NewsBangladesh-based Premier Cement is on track to complete its expansion plans by March 2020. The project was first announced in 2017 on the back of a forecast surge in demand for 2021. "We have constructed two more units in Narayanganj and Chattogram involving BDT13bn (US$153.5m)," said Mohammed Amirul Haque, managing director, to The Daily Star. The unit in Narayanganj represents an investment of INR8bn and the Chattogram facility claims the remainder. Both of the projects are currently rea... |
Bangladesh: supply glut or next Asian cement hub?08 July 2014, Published under Cement NewsThe high demand for quality cement in Asian markets has lured Bangladesh companies into expanding production capacity at their local factories or installing new plants. As a result the installed capacity of the local manufacturers far outstrips domestic demand, making the country self reliant in cement supply. "Bangladesh could be Asian hub of cement thanks to better quality and diversification of products as well as competitive price range," Mohammad Amirul Haque, managing director of Pr... |
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