Cementos Molins reduces price for LafargeHolcim Bangladesh to US$62m
Cementos Molins (Spain) has reduced the purchase price for LafargeHolcim Bangladesh to US$62m, compared to the US$117m originally announced in December 2016 for 100 per cent of...
Bangladesh
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Confidence Cement to commission new plant end-December
Confidence Cement will commission its new cement plant in Bangladesh at the end of December, doubling the company’s total cement capacity to 4500tpd. The new works will hel...
Vietnam 10M17 exports rise 23% YoY
Total cement exports from Vietnam rose to 15.12Mt in the first 10 months of 2017, representing a 22.9 per cent YoY increase. The country’s export earnings were up 13.9 per cent...
Lafarge Surma calls for a revaluation of Holcim shares to complete its merger
Lafarge Surma Cement (now LafargeHolcim Bangladesh Ltd) has appealed to Bangladesh Bank to review its valuation of the Holcim share price, which the French cement maker says ha...
HeidelbergCement to invest in Bangladesh grinding mill
HeidelbergCement is set to invest BDT925.3m (US$112m) of its own funds in a new grinding mill at its 1.075Mta Kanchpur plant in Bangladesh. The new mill will add 472,000tpa ...
HeidelbergCement Bangladesh records profit fall in 1H17
In the second quarter of 2017, HeidelbergCement Bangladesh saw sales fall to BDT2.791bn (US$34.6m) from BDT3.114bn in 2Q16. Warehousing, distribution and selling expenses fe...
FLSmidth to deliver Bangladesh grinding line
FLSmidth has signed an engineering, procurement and supply of equipment contract with Meghna Cement Mills for a cement grinding unit at the producer’s existing cement line in M...
Bangladeshi exports earn US$9.58m in 11MFY16-17
The Bangladeshi cement industry earned an export revenue of US$9.58m during the first 11 months of FY16-17 compared to US$1.85m in corresponding months in a year ago. The e...
Delays in offloading clinker at Chittagong following marine incident
Delays in the offloading of clinker have been experienced at Bangladesh's Chittagong Port after bulk carrier Ocean Phoenix, laden with 45,000t of clinker on board, started to d...
Aman Group inaugurates second grinding mill
Bangladesh’s Minister of Commerce, Tofail Ahmed, has inaugurated the Aman Group’s second grinding unit which is situated in Narayanganj, near the capital city of Dhaka. Loesch...