Lafarge Surma Cement Ltd. Information

Lafarge Surma Cement Ltd. (LSC) was incorporated on 11 November 1997 as a private limited company in Bangladesh under the Companies Act 1994. On 20 January 2003, Lafarge Surma Cement Ltd. was made into a public limited company. The Company is listed in Dhaka and Chittagong Stock Exchanges and has more than 23,000 shareholders. The Lafarge Surma Cement Plant is the only fully integrated dry process cement plant in Bangladesh.The plant produces Supercrete, the only limestone cement in Bangladesh. In November 2000, the two Governments of India and Bangladesh signed a historic agreement through exchange of letters in order to support this unique cross border commercial venture, and till date it is the only cross border industrial venture between the two countries. As Bangladesh does not have any commercial deposit of limestone, which is one of the main raw materials for producing clinker, the agreement provides for uninterrupted supply of limestone to the cement plant at Chhatak in Bangladesh by a 17 km long belt conveyor from the quarry located in Meghalaya. The Company in Bangladesh, Lafarge Surma Cement Ltd. wholly owns a subsidiary company Lafarge Umiam Mining Private Ltd. (LUMPL) which is registered in India and operates its quarry at Nongtrai in Meghalaya. Lafarge Surma Cement is a venture of Lafarge and Cementos Molins. Lafarge is the world leader in building materials with top-ranking positions in its Cement, Aggregates & Concrete businesses. It has more than 176 years of experience and operates in 64 countries with around 68,000 employees. Cementos Molins is a family owned Spanish Company with more than 80 years of experience. . Apart from its operation in Spain, it has operations in Bangladesh, Argentina, Uruguay, Mexico, and Tunisia. Cement is an essential material that addresses vital needs of the construction sector and Lafarge Surma Cement is optimistic to meet the growing needs for housing and infrastructure of Bangladesh.