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Company type | Private practice Limited |
---|---|
Industry | Building materials |
Founded | 2002 |
Headquarters | , |
Key people | Abu Sayed Chowdhury (Managing Director) |
Products | Cement, ready-mix concrete |
Parent | Abul Khair Group |
Website | www |
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]
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]
In 2017, Bangladesh National Board of Revenue accused the company of VAT deceit of BDT 0.9 billion.[11]