Fiscal budget to offer incentives in Bangladesh cement industry
Bangladesh’s National Budget for 2021-22 (July 2021-June 2022) was presented by Minister of Finance, A H M Mustafa Kamal, in Parliament on 3 June. During his speech, the mi...
Bangladesh
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MI Cement Factory moves forward with expansion plans
Bangladesh’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. ...
China's imports from Vietnam rise 36%
China, the Philippines and Bangladesh were the biggest importers of Vietnamese cement in the first two months of 2021, according to the General Department of Vietnam Customs. ...
Bangladesh cement makers add two bulk carries to fleet
Meghna Group of Industries have launched two of the largest dry bulk carriers, viz MV Meghna Princess & MV Meghna Adventure, on 10 March 2021, at the Chittagong port, Banglade...
Vietnam sees exports rise 14% in 2020
Vietnam exported over 3.6Mt of cement and clinker worth US$135m in December 2020, up 15.3 per cent MoM in volume and 10.8 per cent YoY in value, according to the General Depart...
LafargeHolcim Bangladesh enters aggregates market
Stocks of LafargeHolcim Bangladesh on the Dhaka Stock Exchange (DSE) rose 9.8 per cent after the company announced it will be entering the aggregate business. LafargeHolc...
Bangladesh cement producers seek extension to loan moratorium
Cement makers in Bangladesh have pleaded for a loan moratorium until the end of June 2021. If extended, the industry, as well as the economy, could strongly recover from the pa...
BCMA expects market pick-up in 1Q21
The Bangladesh Cement Manufacturers Association (BCMA) expects cement demand to resume growth by the 1Q21. Between January-August 2020 the cement sector contracted by 7.7 per...
Mega construction projects boost Bangladesh's cement demand
The long-awaited Padma Bridge is nearing its completion after the final span of the 'dream bridge' was installed almost six years after the construction work began in Banglade...
Cement export revenue falls during 5MFY20-21 in Bangladesh
Bangladesh's cement industry has earned export revenue of US$2.82m in the five-month period of July-November 2020 (5MFY20-21), compared to US$4.08m in the year-ago period, a f...