HeidelbergCement to add capacity in Bangladesh
Published by Jonathan Rowland,
Editor
World Cement,
HeidelbergCement is to invest in additional capacity in Bangladesh. In a release to the Dhaka Stock Exchange, the company said it would set up a portland composite cement (PCC) grinding mill at its Kanchpur plant, near Dhaka.
The new grinding mill will have a capacity of 0.472 million tpy of cement at a cost of just over BDT925.3 million (US$11.2 million). It will be funded from the company’s existing reserves.
The company has an existing capacity in the country of 2.4 million tpy.
The German company accounts for around 13% of the country’s demand from its plants in Dhaka and Chittagong. It entered the market in 1998 and offers two brands of PCC in the country: ScanCement and RubyCement.
Read the article online at: https://www.worldcement.com/indian-subcontinent/12102017/heidelbergcement-to-add-capacity-in-bangladesh/
You might also like
The World Cement Podcast
In this special joint episode of the World Cement Podcast, and Cementing Europe’s future, the podcast of CEMBUREAU, David Bizley and Koen Coppenholle take a deep dive into the Clean Industrial Deal and a discussion of what it means for the European cement industry.
Listen for free today at www.worldcement.com/podcasts or subscribe and review on your favourite podcast app.
Shaping The Future Through Shredding
Gary Moore, UNTHA Shredding Technology GmbH, highlights the global momentum behind alternative fuels and the role of advanced shredding in shaping cement’s low-carbon future.
