New cement mill in Bangladesh
On 12.01.2012, HeidelbergCement officially inaugurated a new cement mill at its plant in the seaport Chittagong in Bangladesh. The ball mill has a grinding capacity of about 0.8 million t/a. The investment costs amount to approximately 16 million US$. Test runs of the new mill were already conducted successfully at the end of 2011; production started in the first week of January. “We are very pleased that we are able to officially inaugurate our state-of-the-art cement mill today,” said Dr. Bernd Scheifele, Chairman of the Managing Board. “Bangladesh is an interesting market for HeidelbergCement. We expect the demand for high quality cement to increase significantly in the coming years, especially due to new government infrastructure projects. The IMF forecasts a GDP growth of 6.1 % for Bangladesh in 2012. Bangladesh has one of the lowest per capita cement consumption ratios in the world, but it is also one of the fastest growing markets worldwide.