Confidence Cement invests US$68m in new facility in Narsingdi
Confidence Cement PLC , a leading cement producer based in Bangladesh, is investing BDT8.15bn (US$68.2m) to construct a new production facility on 10 acres of land in Narsingd...
Bangladesh
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Bangladesh cement sales drop as major construction projects shelved
Sales of cement in Bangladesh have nearly halved in the last few of months as real estate developers cancelled construction plans, while public projects were delayed because of...
Confidence Cement to issue rights shares
Bangladesh cement producer Confidence Cement PLC has decided to issue rights shares to raise BDT1.29bn (US$m10.78m) for investment in an associate company named Confidence Ce...
National Budget FY24-25 offers no direct incentive for the cement sector
Bangladesh’s National Budget for FY24-25 was presented by Abul Hassan Mahmood Ali, Minister of Finance, in parliament on 6 June 2024. A cursory look at budget documents reveals...
Substantial growth in Bangladesh's cement exports during 11MFY24
Bangladesh's cement industry has experienced significant export growth during the 1MFY24. The sector recorded a 34.3 per cent YoY increase in cement export revenue, reaching US...
HeidelbergCement Bangladesh looks for new MD
HeidelbergCement Bangladesh Ltd is seeking a new managing director to oversee its operations in Bangladesh. Part of Heidelberg Materials (HM) Group, HeidelbergCement Bangl...
LafargeHolcim Bangladesh net profit stands BDT1.627bn in 1Q24
According to the latest quarterly report of LafargeHolcim Bangladesh Ltd ( LHBL), a frontline cement producer in Bangladesh, revenue and net profit shrank by three and 15 per ...
Bangladesh forecasts demand for clinker by 2027
Bangladesh has estimated a significant growth in demand for raw materials for steel and cement industries by 2027. According to the country's Industries Minister, Nurul Majid M...
Bangladesh's cement exports see a 49% YoY growth during 10MFY23-24
Bangladesh’s cement industry has witnessed substantial growth in its exports. It saw a 48.7 per cent YoY growth in cement export revenue, generating US$15.94m during the first ...
HeidelbergCement Bangladesh reported a net profit of BDT459m in 2023
According to HeidelbergCement Bangladesh Ltd’ s (HB) 2023 annual report, the company successfully manufactured and distributed a combined total of 2.185Mt of cement through it...