World Cement Association welcomes Meghna Group of Industries
The World Cement Association welcomes Meghna Group of Industries, Unique Cement Industries Limited, to its international membership. The company is one of Bangladesh’s biggest conglomerates and will join as a Corporate Member. The Association now boasts a network of 66 members and representatives that cover 36 countries.
Meghna Group of Industries entered the Bangladeshi cement sector in 2001 and is the country’s second biggest cement producer today with an annual capacity of nearly 4 Mt.
Running 30 different industrial units, Meghna engages in various businesses alongside its cement activities including consumer goods as well as chemical and steel products. Since its foundation in 1976, the conglomerate has grown rapidly and today operates 32 companies and has an annual turnover of US$ 3 billion.
Bangladesh is one of the fastest growing cement markets worldwide as a boom in the construction sector continues to fuel demand. According to a report published by CW Research, Bangladesh’s cement consumption is expected to increase by nine per cent per year through to 2021.
