Holcim announces capacity expansion
Star Business Desk
Holcim (Bangladesh) Ltd has recently inked a deal with a German company to launch a capacity expansion project that will start commercial production in mid 2013.
The project will produce 7 lakh tonnes of cement a year with which the company’s yearly production capacity will reach up to 2 million tonnes, the statement added.
The cement maker signed the deal with Enexco Teknologies of Beumer Group of Germany where Aidan Lynam, regional head, South Asian/ASEAN region of Holcim Group, and KJ Putez, chairman and managing director of Enexco, exchanged the related documents.
“Our project will offer quality cement and we have completed almost all the primary groundwork, including finalising the cost of the new venture,” said Rajnish Kapur, managing director of Holcim (Bangladesh).
“In order to maintain quality aspects in every step, project will be supervised by Holcim Group Support, Switzerland and Holcim Trading, Spain,” Lynam said.