Bangladesh: Seven Circle Bangladesh, manufacturer of Seven Rings Cement, is going to establish a 1.3Mt/yr cement factory in Khulna by July 2013.
"We are expecting to enhance our production capacity to 4.4Mt/yr million tonnes by 2015 and the new factory in Khulna will help us a lot to achieve our business expansion target," said Seven Circle Bangladesh's general manager of marketing and sales Asadul Haque Sufyani. The company's current annual production capacity is 1.6Mt/yr
"Since 2008, we are exporting our product in 50kg bags to different states in India. We will be able to allocate more quantity of cement for export after starting production in our new lines. At present we are giving priority to our local buyers," added Sufyani, adding that the company was involved in numerous key building projects and highway developments in the capital Dhaka.