Bashundhara Cement

What Bashundhara Cement does

Bashundhara Cement is the flagship cement brand of Bashundhara Industrial Complex Ltd. (BICL), a private subsidiary of Bangladesh's diversified Bashundhara Group. Founded in 1992 with commercial production beginning January 15, 1996, the company operates two German Loesche Vertical Roller Mill (VRM)-equipped plants—Mongla in Bagerhat (2.65M MT/year) and Madangonj in Narayanganj (2.40M MT/year)—for a combined installed capacity of 5.05 million MT/year, making it the largest cement manufacturer in Bangladesh. Products include OPC (Ordinary Portland Cement) and PCC (Portland Composite Cement) variants certified to BSTI standards with compressive strength independently verified by BUET at up to 5700 PSI, the highest commercially available in Bangladesh. An affiliated listed entity, Meghna Cement Mills PLC (DSE/CSE-listed), adds another 1.2M MT/year under the King Brand and Bir Cement sub-brands.

The business operates a hybrid go-to-market model. Direct enterprise sales secure exclusive bulk supply contracts with mega-project contractors and government agencies—Bashundhara has supplied 1.2M MT to Rooppur Nuclear Power Plant, ~350K MT to Dhaka Metro Rail (MRT Line 6), 200K+ MT to the Dhaka Elevated Expressway under SDRB-Sinohydro JV, and 300K+ MT across Sasec-2/Wecare/STRIP under Abdul Monem Ltd, plus numerous bridges and power projects. For retail and residential demand, the company runs an authorized dealer and distributor network across all eight administrative divisions of Bangladesh, supported by a multi-modal logistics fleet (road tankers, covered vans, river vessels, ocean-going ships) and in-house/mobile concrete testing laboratories providing real-time project-site quality verification. Retail pricing is on a per-bag unit basis (OPC BDT 530–550, PCC BDT 480–530 per 50 kg bag).

Name

Bashundhara Cement

Legal name

Bashundhara Industrial Complex Ltd.

Website

https://bashundharacement.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

101–250 employees

Short description

Bashundhara Cement is Bangladesh's largest cement manufacturer, operating 5.05 million MT/year of German Loesche VRM-equipped capacity across two plants and supplying OPC and PCC cement to government mega-projects (nuclear, bridges, metro, expressways) and to a nationwide authorized dealer network covering all eight administrative divisions.

Ownership category

akta.pro rank

Product category

Cement Manufacturing

NAICS

Cement Manufacturing (327310)

SIC

Cement, Hydraulic (3241)

akta.pro primary industry

Cement Manufacturing (Portland, Blended & Specialty) (IMADAAAG)

akta.pro secondary industry

Cementitious Binders & Additives (Fly Ash, Slag, Silica Fume, Lime) (IMADAAAH)

Keywords

• Portland cement manufacturing
• Bulk cement supply
• Construction materials supply
• Cement distribution network
• Infrastructure cement contractor

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Cement Manufacturing and Sales: Bashundhara Cement generates revenue through manufacturing and selling OPC (Ordinary Portland Cement) and PCC (Portland Composite Cement) products. Revenue comes from both bagged cement sales through dealers/distributors and bulk cement supply contracts for mega infrastructure projects.
2. Bulk Project Supply Contracts: Exclusive bulk cement supply contracts with mega project contractors and government agencies. For example, supplied 1.2 million MT to Rooppur Nuclear Power Plant, over 200,000 MT to Dhaka Elevated Expressway, and over 300,000 MT for Sasec-2, Wecare and STRIP projects.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Bashundhara Cement manufactures and sells OPC (Ordinary Portland Cement) and PCC (Portland Composite Cement) at two plants in Mongla and Madangonj using German Loesche Vertical Roller Mill (VRM) technology, achieving BUET-verified compressive strength of up to 5700 PSI. The company supplies bulk cement for mega infrastructure projects under exclusive contracts with government agencies and EPC contractors, while also distributing bagged cement through an authorised dealer network across all eight administrative divisions of Bangladesh. Supporting services include in-house and mobile concrete testing laboratories and multi-modal bulk logistics (road, river, and sea).

Product overview

Bashundhara Cement operates as Bangladesh's largest cement manufacturer under Bashundhara Group, offering two main cement brands: Bashundhara Cement (produced by BICL with VRM technology at Mongla and Madangonj factories) and King Brand Cement (produced by MCMPLC). Both brands offer OPC and PCC cement types with verified compressive strength up to 5700 PSI. The portfolio includes the core cement products along with supporting services such as mobile concrete testing laboratories and a multi-modal bulk supply fleet (road, river, and sea vessels) serving all eight administrative divisions of Bangladesh.

Differentiator

Problem solved

Functional benefit

Brands

• Bashundhara Cement: Flagship cement brand producing both OPC (Ordinary Portland Cement) and PCC (Portland Composite Cement) with verified compressive strength of up to 5700 PSI, BSTI and BUET certified.

Products and services

• Bashundhara Cement Flagship OPC and PCC cement brand of Bashundhara Industrial Complex Ltd. (BICL), manufactured at Mongla (2.65 million MT/year) and Madangonj (2.40 million MT/year) plants using German Loesche VRM technology. Verified compressive strength up to 5700 PSI, BSTI and BUET certified. Distributed across all eight administrative divisions of Bangladesh through authorised dealers and direct bulk supply to mega projects.
• King Brand Cement Cement brand marketed by Meghna Cement Mills PLC (MCMPLC), a wholly-owned Bashundhara Group cement subsidiary. Produces Portland Cement with annual production capacity of 1.2 million metric tons. ISO 9001:2008 certified for domestic and international markets.
• Bir Cement Second cement brand of Meghna Cement Mills PLC (MCMPLC), available in both OPC and PCC variants. Serves a broader segment of the construction market from structural RCC work to long-term durability applications.
• Mobile Concrete Testing Laboratory In-house and mobile concrete laboratories providing real-time quality verification at project sites rather than only at the factory. Enables on-site batch testing and quality assurance for mega infrastructure deliveries such as Rooppur Nuclear Power Plant, Dhaka Elevated Expressway, and MRT Line 6.
• Bulk Cement Supply Fleet Multi-modal logistics network including road tankers, covered vans, riverine vessels, and ocean-going ships for delivering bulk cement to any project location across Bangladesh. Supports hundreds of thousands of metric tons of bulk supply under exclusive mega-project contracts.

Quantifiable outcome

• 5700 PSI compressive strength - highest in Bangladesh, independently verified by BUET
• +3 more outcomes

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Abdul Monem LtdcoreStrategic or Co-development Partner · 6 July 2024Bashundhara Cement signed exclusive contract with Abdul Monem Ltd to supply over 300,000 metric tons of cement for Sasec-2, Wecare and STRIP government infrastructure projects. Selection was based on rigorous evaluation including quality assessment, factory inspection, production capacity, and supply system. Abdul Monem Ltd is a leading construction company undertaking major government infrastructure projects.
• SDRB-Sinohydro JV (Shandong Hi-Speed Group and Sinohydro Corporation Limited)coreStrategic or Co-development Partner · 11 May 2024Bashundhara Cement signed exclusive agreement with Chinese construction joint venture SDRB-Sinohydro JV to supply over 200,000 tonnes of cement for Dhaka Elevated Expressway PPP project. The joint venture comprises Shandong Hi-Speed Group and Sinohydro Corporation Limited. Agreement signed at a city hotel with Vice Chairman Safwan Sobhan representing Bashundhara Group.
• China Energy Engineering Group Northeast No 1 Electric Power Construction Co Ltd (NEPC)coreStrategic or Co-development Partner · 25 February 2019Bashundhara Industrial Complex Ltd signed agreement with China Energy Engineering Group NEPC to supply cement and stone for Ashuganj 400 MW Combined Cycle Gas Turbine Power Plant project. Bashundhara Group Vice Chairman Safwan Sobhan Tasvir signed the agreement with NEPC's Material Manager Wang Siwei.
• East West Property Development LtdcoreStrategic or Co-development Partner · 25 February 2019East West Property Development Ltd signed separate agreement with China Energy Engineering Group NEPC for supply of cement and stone for Ashuganj 400 MW Combined Cycle Gas Turbine Power Plant project.
• PM SinohydrocoreStrategic or Co-development Partner · 30 September 2015Bashundhara Cement celebrated Mid-Autumn Festival and China's National Day with PM Sinohydro. Leaders and officials from both companies joined the celebration, discussing ongoing partnership and plans for major infrastructure projects in Bangladesh.

Scale indicators7 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Premier Cement Mills Limited: Bangladesh-listed cement producer with multiple plants producing OPC and PCC. Directly comparable in product mix, distribution model, and customer segments including infrastructure and residential construction.
• Seven Rings Cement (Bangladesh): Bangladesh-listed cement company producing Portland cement for domestic infrastructure and residential markets. Direct competitor in dealer channels and a participant in government infrastructure tenders.
• Heidelberg Materials Bangladesh (formerly HeidelbergCement Bangladesh): Subsidiary of global cement major Heidelberg Materials, operates grinding and cement plants in Bangladesh. Comparable as a multinational-standard cement producer in the same domestic market competing for mega-project and dealer share.
• Confidence Cement: Bangladesh-based cement manufacturer with OPC and PCC production. Comparable as a domestic competitor serving similar residential, commercial, and infrastructure customer segments.
• Crown Cement (Bangladesh): One of Bangladesh's largest cement manufacturers producing OPC and PCC cement for both mega projects and residential markets. Directly comparable as a domestic cement producer competing for the same mega-project contracts and dealer network.

Broad incumbents

• UltraTech Cement (India): Largest cement producer in India and globally by capacity outside China (~170M MT/year). Comparable as a broad incumbent in the cement category with similar OPC/PCC product lines, large-scale infrastructure supply capability, and pan-regional distribution.

Regional players

• Dalmia Bharat Cement (India): Major Indian cement producer with operations across eastern and southern India. Comparable as a regional South Asian cement incumbent with similar focus on infrastructure-grade cement and bulk supply to government projects.
• Shree Cement (India): Major Indian cement producer (~$13B market cap) with strong presence in northern and eastern India adjacent to Bangladesh. Comparable as a regional cement manufacturer with similar product mix and large-scale project supply capability.

Others

• Loesche GmbH: German manufacturer of Vertical Roller Mill (VRM) cement grinding technology used at Bashundhara's Mongla and Madangonj plants. Not a competitor but a critical technology supplier whose VRM equipment underpins Bashundhara's quality differentiation.

Emerging players

• Meghna Cement Mills PLC (King Brand / Bir Cement): In-group affiliated entity of Bashundhara Group producing King Brand and Bir Cement with 1.2M MT/year capacity. Adjacent peer offering competing cement brands under the same corporate umbrella, targeting overlapping residential and commercial segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/bashundhara_cement
• LinkedInlinkedin.com/company/bashundhara-cement

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bashundhara Cement