Indonesia: Semen Indonesia looks to international markets
Amid prospects of disappointing revenue growth in the domestic market, Semen Indonesia is looking offshore to expand its sales figures. Newly appointed head of PT Semen Indonesi...
Bangladesh
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Bangladesh: MI Cement opts for Loesche slag grinding mill
MI Cement Factory Ltd, based in Dhaka, Bangladesh, has awarded Loesche the contract for the Munshigonj cement plant. The Munshigonj cement plant is a brownfield project. To grin...
Cemex
Cemex has completed the sale of its operations in Thailand and Bangladesh to Siam City Cement for some US$53m. These operations consist of an integrated cement works near Bangko...
Cemex sells its Bangladesh operations to Siam City
Cemex has closed the sale of its operations in Bangladesh and Thailand to Siam City Cement for approximately US$53m.The proceeds obtained from this transaction will be used main...
Bangladesh remains Vietnam's strongest export market
From January to April, Vietnam exported 5.99Mt of cement and clinker to Bangladesh, which remains Vietnam's largest export market with US$64.46m. The Philippines (US$58.47m), Ta...
Bangladesh: FDI from Netherlands
Bangladesh’s cement sector attracted foreign direct investment (FDI) of US$31.3m in 2015, according to a Bangladesh Central Bank report. This figure is up 41.5 per cent from tha...
Semen Indonesia to invest US$2.2bn over next five years
Semen Indonesia President Director, Rizkan Chandra, has announced that his company is to invest IDR30tn (US$2.2bn) over the next five years. The funding will be split between ex...
Cemex divests of Bangladesh and Thailand units, potential sale of minority stake in Philippine assets
Cemex announced yesterday that it has signed an agreement for the sale of its operations in Bangladesh and Thailand to Siam City Cement Co for approximately US$53m. Meanwhile, C...
Bangladesh: MI Cement eyes capacity expansion
MI Cement Factory has set its sights on organic expansion through the construction of new capacity including its own clinker manufacturing plant over the next five years. The co...
Confidence Cement plans expansion, Bangladesh
Bangladesh-based Confidence Cement Ltd is planning to double capacity from the existing 2000tpd to 4000tpd. The new project is scheduled for completion in 2016. During the first...