Bangladesh

Confidence Cement plans new Palash plant

Confidence Cement Ltd (CCL) has informed Dhaka Stock Exchange (DSE) on 31 Janusary that its Board of Directors has decided to invest a second cement plant

Gas supply deal with LafargeHolcim reported to impact Bangladeshi industry

Specialists have raised the red flag over the Bangladeshi government's gas supply deal with LafargeHolcim Ltd as the 20-year agreement has been threatening the competitive advan...

Lafarge completes Holcim shares acquisition

Lafarge Surma Cement Ltd (LSCL) has completed the required documents to transfer the shares of Holcim Bangladesh Ltd (HBL) to LafargeHolcim Bangladesh Ltd.

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 ...

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.

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 has...

HeidelbergCement to invest in Bangladesh grinding mill

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.