Crown Cement

Crown Cement Group is a manufacturer and supplier of cement, ready mix concrete and other building materials in Bangladesh.[3] M. I. Cement Factory Ltd. is the parent company of Crown Cement.[4] The Company was founded in 1994 in Dhaka.[5] It was the largest exporter of cement in 2016 in Bangladesh.[6]

Crown Cement
Public limited
IndustryCement
FoundedDecember 31, 1994[1]
Headquarters
Dhaka
,
Bangladesh
Production output
11,000tpd[2]
ParentM. I. Cement Factory Ltd.
SubsidiariesCrown Power Generation Ltd.
Websitecrowncement.com

History

Crown Cement was founded on December 31, 1994.[7] Initially, the company had the capacity of producing only 600 tons Portland cement per day which they increased day by day. Now the company produces more than 3.3 million metric tons per annum.[7] Crown Cement started exporting cement in 2003. The company has its factory located at West Mukterpur, Munshiganj on the bank of Dhaleswari river.[8]

The company won the national export trophy (Gold) twice for being the largest exporter in Bangladesh.[9]

Controversy

On 23 June 2020, Crown Cement was fined BDT 10 lakh for violations of guidelines on corporate governance by Bangladesh Securities and Exchange Commission (BSEC) .[10]

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gollark: I guess they might get serialized to ints, but at the very least the ordering is weird.
gollark: ```rustmatch biome { Biome::Forest => "forest", Biome::Jungle => "jungle" // ...}```
gollark: But pattern matching, you see.
gollark: Why TJ09 decided to give the biomes weird numerical IDs is a mystery, given that *ENUMS ARE BETTER JUST USE THOSE SERIOUSLY*.

References
  1. "MI Cement marks 17 years of service". The Daily Star. Dhaka. 27 November 2011. Retrieved 5 July 2018.
  2. "Company History". M. I. Cement Factory Ltd. Retrieved 1 May 2018.
  3. Chowdhury, Sarwar (4 December 2015). "MI Cement eyes expansion". The Daily Star. Dhaka. Retrieved 3 July 2018.
  4. "Crown Cement donates Tk 500,000 for rehabilitation of paralysed". bdnews24.com. Dhaka. 26 November 2017. Retrieved 5 July 2018.
  5. "MI Cement marks 17 years of service". The Daily Star. Dhaka. 27 November 2011. Retrieved 5 July 2018.
  6. "Crown: The largest cement exporter in Bangladesh". The New Nation. Dhaka. 14 February 2016. Retrieved 4 July 2018.
  7. "Brief History". Crown Cement. Crown Cement. 16 February 2018. Archived from the original on 19 July 2018. Retrieved 4 July 2018.
  8. "M.I. Cement Factory Ltd. opted for LOESCHE GmbH technology and signed a contract for the Munshigonj cement plant". Mining. Loesche. 10 January 2016. Retrieved 4 July 2018.
  9. "Crown: The largest cement exporter in Bangladesh". The New Nation. Dhaka. 14 February 2016. Retrieved 4 July 2018.
  10. "Securities law violation: BSEC fines directors of Crown Cement, Intech". Dhaka Tribune. 23 June 2020. Retrieved 1 July 2020.
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