LafargeHolcim Bangladesh PLC - a member of Holcim and Molins is a frontline cement producer in Bangladesh. Operating for more than two decades, it has made about US$ 500 million investment in building one fully integrated cement plant and three grinding stations which the highest foreign direct investment in the sector. With state-of-the art technology and well groomed staff, the company produces world class cement to meet the growing demand generated by massive infrastructure development programs and improved socio economic conditions.
Diversity in business & entrepreneurship helped Bashundhara Group (BG) to become the leader amongst the business houses in Bangladesh directly employing a workforce not less than 50 thousand which indirectly covered livelihood of half a million people. BG has started operation as a real estate venture known as “Bashundhara” under the aegis of East-West property development Ltd in 1987. This project turned out to be a very successful one & had helped foster the growth of trust & confidence of the urban people in “Bashundhara” Dhaka’s burgeoning population, coupled with a conspicuously slow growth of housing led to the landmark success of Bashundhara.
Bashundhara geared up to invest in new fields, including production of cement, paper, tissue, steel, LPG among others.
BG now has over 20 major concerns located in different areas of the country. The multifaceted shopping mall called the Bashundhara City has added glamor to the growth of the group. The BCDL is one step ahead in the effort to strengthen links with the general people through the unique offering of shopping & recreation facilities under one roof.
Latest addition to the group is its media house titled “East West Media Group Ltd” one of the largest of its kind, which was established in 2009 it now owns Bangla daily – “Kaler Kantho”, “Bangladesh Protidin” English daily “Daily Sun” online portal “banglanews24.com” etc. The media house is also planning to launch radio & TV channel.
Crown Cement PLC. (defunct M. I. Cement Factory Limited), the parent company of Crown Cement Group, is one of the leading manufacturers of cement in Bangladesh. Crown Cement PLC. is a Public Limited Company that commenced its adventurous journey in Bangladesh with the dedication of providing high quality cement to the country on December 31, 1994.
Initially, the plant was installed with a capacity of producing 600tpd (ton per day) of Portland Cement. With the passing of time, demand for Crown Cement increased day-by-day. By dint of quality, soon Crown Cement gained reputation and acceptability home and abroad. So, the Sponsors expanded the project gradually four times.
The 2nd Unit started in 2002 with a production capacity of 800tpd, the 3rd Unit in 2008 of 1,400tpd, the 4th Unit in 2011 of 3,000tpd and the 5th Unit in 2017 of 5,200tpd to take the total production capacity to 11,000tpd i.e. 3.3 million metric ton per annum.
Crown Cement pioneered in cement export in 2003 and paved the way for earning hard-earned foreign currency. It is the largest cement exporter in Bangladesh with around 50% market share of cement exported from Bangladesh. The major export market of Crown Cement is the Northeastern States of India including Tripura, Meghalaya, and the Eastern and Western regions of Assam.
The company has achieved National Export Trophy for the fiscal years 2008-09, 2009-10 and 2013-14 for its extraordinary contribution to the country’s economy through foreign currency earnings. Crown Cement is the only company that has won the National Export Trophy thrice in the history of Cement Export of Bangladesh.
The company’s backward and forward integration endeavors have given new dimensions to its growth platform. With this end in view, the associate industrial units such as Crown Polymers Bagging Ltd., Crown Power Generation Ltd., Crown Mariners Ltd., Crown Transportation & Logistics Ltd. and Crown Cement Concrete & Building Products Ltd. have been set up.