Shah Cement Industries Limited
TypePrivate practice Limited
IndustryBuilding materials
Founded2002 (2002)
Headquarters
Dhaka
,
Bangladesh
Key people
Abu Sayed Chowdhury (Managing Director)
ProductsCement, ready-mix concrete
ParentAbul Khair Group
Websitewww.shahcement.com

Shah Cement Industries Limited is a Bangladeshi building materials company headquartered in Dhaka, Bangladesh.[1] As of 2019, The company holds the highest share (14%) of the cement market in Bangladesh.[2][3] It is the largest cement plant in Bangladesh in terms of production capacity.[4][5] It is a subsidiary of Abul Khair Group.[6]

History

Shah Cement was founded in 2002 by Abul Khair Group in Munshiganj, Dhaka with an initial capacity of 5.2 million metric tons per annum.[5] It also established its own power plant with the capacity of 17 megawatt.[7]

In 2018, the company installed and commissioned a 15,000 tonnes capacity vertical roller mill (VRM) in its plant, supplied by Danish company FLSmidth.[8] The roller mill was recognized as world's largest vertical roller mill by Guinness World Record.[9][8]

The company received "Best Brand Award" from Kantar Millward Brown and Bangladesh Brand Forum in 2010, 2016 and 2017 in building materials category.[10]

Controversy

In 2017, Bangladesh National Board of Revenue accused the company of VAT deceit of BDT 0.9 Billion.[11]

References

  1. ↑ কোটলার ‘বিজনেস কেস বুক’-এ স্থান করে নিচ্ছে শাহ সিমেন্ট. Amar desh (in Bengali). 2011-08-21. Archived from the original on 21 August 2011. Retrieved 2020-07-01.
  2. ↑ "Growing demand fuels cement industry growth". Dhaka Tribune. 2019-07-08. Retrieved 2020-07-01.
  3. ↑ "Bangladesh's cement industry booming". The Business Standard. 2019-10-23. Retrieved 2020-07-01.
  4. ↑ Habibullah, MD (22 December 2019). "Promising prospects of cement industry". The Independent. Dhaka. Retrieved 2020-07-01.
  5. 1 2 "Shah Cement inaugurates world's largest vertical roller mill from FLSmidth". Global Cement. 19 December 2018. Retrieved 2020-07-01.
  6. ↑ "Shah Cement wins Best Brand Award". The Daily Star. 2016-11-21. Retrieved 2020-07-01.
  7. ↑ "Shah: The highest selling cement in Bangladesh". The New Nation. 14 February 2016. Retrieved 2020-07-01.
  8. 1 2 "Shah Cement's vertical roller mill world's largest". The Daily Star. 2019-12-04. Retrieved 2020-07-01.
  9. ↑ "Largest vertical roller cement mill". Guinness World Records. 6 September 2018. Retrieved 2020-07-01.
  10. ↑ শাহ সিমেন্ট এবারও শ্রেষ্ঠ সিমেন্ট ব্র্যান্ড. Prothom Alo (in Bengali). 27 November 2017. Retrieved 2020-07-01.
  11. ↑ শাহ সিমেন্টের বিরুদ্ধে ৯০ কোটি টাকার ভ্যাট ফাঁকির অভিযোগ. Kaler Kantho (in Bengali). August 2017. Retrieved 27 August 2020.


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