Bangladesh Has A Serious Excess Cement Capacity

- Nov 14, 2019-

3-Thiopropanoic acid suppliers told us that Bangladesh cement producers face challenges due to overcapacity and unhealthy competition, according to the Bangladesh Daily Star reported on November 5. Meng has 37 cement plants with a total capacity of 58 million tons per year, while cement demand is only 33 million tons per year, which means that the capacity exceeds demand by about 43%.

At present, Meng's cement industry capacity utilization rate is 55-57%, and it is expected that it will take at least 4 years to achieve 100% capacity utilization. In the past 10 years, Meng Cement's demand has increased by 10% year-on-year, but the per capita consumption is only 166 kg, which is still at a low level.