MI Cement to raise debt for new grinding line in Bangladesh

MI Cement Factory Ltd plans to raise foreign currency loans from HSBC and Standard Chartered Bank to finance a $70 million sixth line at its West Mukterpur site in Munshiganj, Bangladesh, adding 8,400 tpd of grinding capacity. Commercial production is scheduled for January 2021.

“The US$70m project will add 8400tpd of grinding capacity to the site’s current capacity of 19,400tpd.”cemnet.com

• 1 source
• cemnet.comMI Cement to raise debt for Bangladeshi grinding unitICR NewsroomApr 19, 2019

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