Displaying items by tag: Bangladesh

Bangladesh: LafargeHolcim Bangladesh has entered into a dispute with the government-run Jalalabad Gas Transmission and Distribution Systems (JGTDS) over the price of natural gas for a captive power plant at its Chhatak cement plant. JGTDS has argued that the cement producer is paying less than the rate fixed by the country's energy regulator, according to the Financial Express newspaper. However, LafargeHolcim claims that it is paying a tariff set by a gas sales agreement (GSA) signed between JGTDSL and Lafarge Surma Cement in January 2003. The row has been referred to the Energy and Mineral Resources Division (EMRD) of the Ministry of Power, Energy and Mineral Resources for clarification.

Bangladesh: Lafarge Holcim Bangladesh has completed its purchase of Holcim Cement Bangladesh for US$60.2m. The deal includes three cement grinding mills with a total production capacity of 2.2Mt/yr. Lafarge Holcim Bangladesh, formerly known as Lafarge Surma Cement, is a joint venture between LafargeHolcim, Cementos Molins and other local partners.

Bangladesh: Masud Khan has been appointed as the chief executive officer (CEO) of Crown Cement Group. Previously he was an adviser to the CEO of LafargeHolcim Bangladesh and also worked as its chief financial officer, according to the Daily Star newspaper. He has also served as an independent director of GlaxoSmithKline Bangladesh, Marico Bangladesh and Berger Paints Bangladesh. Khan graduated from St Xavier's College in Kolkata, India. He is also a member of the guest faculty at the Institute of Chartered Accountants of Bangladesh.

Bangladesh: FLSmidth has confirmed that is to supply a cement grinding production line for Meghna Cement Mills. The Danish equipment manufacturer has signed a contract with Meghna Cement Mills for engineering, procurement and supply of equipment for a 415t/hr Portland composite cement at 3800 Blaine grinding unit at it plant in Mongla in the Bagerhat District. No value for the deal has been disclosed.

The scope of the order includes an FLSmidth OKTM 54-6 mill, planetary gear unit from FLSmidth MAAG Gear, fabric filters from FLSmidth Airtech, weigh feeders from FLSmidth Pfister and a plant control system from FLSmidth Automation. The project is scheduled for completion by the end of 2018.

Bangladesh: Aman Group has opened its second cement grinding plant at its Narayanganj complex, located 20km south of the Bangladeshi capital Dhaka. The new plant has a production capacity of 10,000t/day (~3.5Mt/yr), which, along with its first grinding plant, comfortably makes Aman the largest cement producer in the country. Commerce Minister Tofail Ahmed inaugurated the plant at the International Convention Centre Bashundhara in Dhaka on 23 May 2017.

Germany’s Loesche GmbH supplied the LM 56.3+3 CS type mill, which can grind Portland or composite cement to a fineness of 3200 Blaine. It can also grind granulated blast furnace slag at 175t/hr to a fineness of 4500 Blaine. In addition to the mill, the scope of supply also included additional technical equipment for the grinding plant such as a rotary feeder, 2-way chute, metal detector and permanent magnet drum separator.

Bangladesh: The China Building Materials Federation has expressed interest in investing US$2bn in the country’s infrastructure. A 12-person delegation from China met with the Bangladesh Investment Development Authority (BIDA) to discuss the proposal that includes developing the cement sector. Both sides have agreed to sign a memorandum of understanding on the potential investment.

Vietnam: Data from the General Department of Vietnam Customs reports that exports of cement and clinker rose by 11% year-on-year to 4.82Mt in the first quarter of 2016. Its value rose by 6.4% to US$169m. Bangladesh remained the biggest importer of cement and clinker from the country in the three-month period, accounting for 44.8% and 37.7% of Vietnam’s total clinker and cement exports in volume and value, respectively, according to the Viet Nam News newspaper. It was followed by the Philippines, Peru, Mozambique, Malaysia and Taiwan.

Bangladesh: Meghna Cement Mills has signed a contract with Denmark’s FLSmidth to install a vertical roller mill with a production capacity of 2Mt/yr. The contract has been valued at US$15.7m and it will be installed by mid-2019, according to the Daily Star newspaper. The cement producer is taking loans from the Infrastructure Development Company to pay for the upgrade. Meghna Cement Mills operates a 1.2Mt/yr plant at the Port of Mongla. It markets its cement under the King Brand Cement line.

Bangladesh: Loesche Shanghai has signed a contract with China National Heavy Machinery Corporation to supply two sets of 35MW thermal power hot gas generator systems to the Bangladesh market. It will also provide installation and technical services. No information on the price of the contract or the end user has been disclosed. Loesche’s Shanghai subsidiary has previously supplied a 32MW automated control hot gas generator system to the Yadong Cement plant.

Bangladesh: PN Iyer has been appointed as the chief executive officer (CEO) of Thailand’s Siam City Cement’s operations in Bangladesh. Iyer has worked previously for ACC and Holcim. He holds qualifications with the Harvard Business School, the IMD Business School and the University of Calcutta.