BCMA re-elects Kabir as President for two years
MD Alamgir Kabir has been re-elected as President of the Bangladesh Cement Manufacturers Association (BCMA) for 2023-24 and 2024-25 during the 22nd and 23rd AGMs held in Dhaka o...
Mi Cement Factory
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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. The...
MI Cement Factory postpones expansion plan
The MI Cement Factory Ld (MICFL) in Bangladesh informed the Dhaka Stock Exchange (DSE) on 11 October that the Board of Directors of the company, have approved the postponement o...
Booming Bangladesh
This week, CemNet reported that MI Cement Factory in Bangladesh expects the domestic cement sector to grow by 10 per cent in 2019 and should also reach double-digit growth in 20...
MI Cement announces formation of the three subsidiary companies
MI Cement Factory Ltd, manufacturer of cement in Bangladesh has informed that the Board of Directors of the company has approved formation of the three subsidiary companies full...
MI Cement to raise debt for Bangladeshi grinding unit
MI Cement Factory Ltd is expected to raise foreign currency loans from HSBC and Standard Chartered Bank to finance its sixth line at its West Mukterpur, Munshiganj district of B...
Crown Cement becomes export leader
MI Cement Factory Ltd has stated that it has become Bangladesh's cement export leader. The company achieved national export trophy three times for its outstanding performance in...
MI Cement to set up new 8400tpd line
Bangladesh’s MI Cement Factory Ltd has announced that it will set up its sixth cement unit in Muktagachha, Munshiganj, at a cost of BDT6bn (US$71.54m). The new line is expected ...
Bangladesh cement industry to expand despite rise in raw material costs
The Bangladeshi cement industry is expanding its capacity despite increases in raw material costs. In 2017 the effective capacity of active plants stood at about 50.20Mta, which...
Bangladesh: finding ways to make profits
ICR's January 2019 issue starts the year with a market report on the Bangladeshi cement market. The country has just recorded its highest cement sales in 2018 at 33Mt, while cem...