Conveyor to cross border for plant in Bangladesh
An Indo-German firm will build the world's longest conveyor belt which will cross the border between India and Bangladesh.
The 34km structure will transport limestone from quarries in India's remote northeastern state of Meghalaya to a 1.2 million-tonne cement plant being set up by Lafarge with Cemento Milnos in Sylhet, Bangladesh.
The multimillion-dollar contract has gone to Phoenix Yule, a 74:26 venture between Phoenix of Germany and India's Andrew Yule.
A spokesman for Hamburg-based Phoenix described the order as 'another impressive entry in the list of our world records which already includes the strongest, steepest, heaviest and highest capacity conveyor belts'.
Lafarge, the second-largest cement producer in the world with more than 75 plants in 45 countries, is investing US$20 million in Meghalaya and US$100 million in the cement factory on the Bangladeshi side.
Asim Chattopadhyay, Lafarge's regional operations director, said the location of the factory was dictated by the growing demand for cement in Bangladesh. 'There is no point in producing cement in Meghalaya, which has a tiny market, and is very far away.'