Bangladesh: Confidence Cement is building a new 1.8Mt/yr cement grinding plant at Narsingdi. The project has an investment of US$68m, according to the Daily Star newspaper. Germany-based Loesche is reportedly supplying equipment for the unit, which is scheduled to start operation in early 2025. Around two-thirds of the project cost is being supplied by loans with the rest coming from company equity.
Confidence Cement currently operates a 1.2Mt/yr grinding plant near Chattogram.
