Shah Cement
Bangladeshi cement and building-materials brand owned by Abul Khair Group.
Last updated August 31, 2026
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Overview
Shah Cement is a Bangladeshi cement brand operated by Shah Cement Industries Limited, a subsidiary of Abul Khair Group. The company was established in 2002 at Munshiganj, in the Dhaka region, and developed into one of Bangladesh's largest cement producers. Its business is centered on the manufacture and sale of cement for construction and infrastructure projects, serving the domestic Bangladeshi market rather than operating as an internationally distributed consumer brand. The company entered the market with a reported initial production capacity of 5.2 million metric tons per annum and also established a dedicated 17-megawatt power plant at its manufacturing site. Its scale has supported a significant position in Bangladesh's cement industry. Reference material describes Shah Cement as holding approximately 14 percent of the national cement market in 2019 and as having Bangladesh's largest cement plant by production capacity at that time. A major technical milestone came in 2018, when Shah Cement installed and commissioned a vertical roller mill supplied by Danish engineering company FLSmidth. The mill was described as having a capacity of 15,000 tonnes and was recognized by Guinness World Records as the world's largest vertical roller mill. The installation strengthened the company's production-scale positioning and associated the Shah Cement brand with high-capacity industrial manufacturing technology. Brand recognition has also been an important part of the company's market strategy. Shah Cement received the Best Brand Award in Bangladesh's building-materials category in 2010, 2016, and 2017, according to the cited reference material. These awards helped reinforce its visibility among construction-material buyers and the broader Bangladeshi market. The company has also faced allegations concerning regulatory and environmental compliance. Bangladesh tax authorities have been reported to have accused Shah Cement of substantial value-added-tax evasion based on reviews of earlier financial records. Separately, government bodies and local officials have identified company structures in areas designated as river land near the confluence of the Dhaleshwari and Shitalakkhya rivers in Munshiganj. Shah Cement has denied illegally occupying river land. These matters are reported allegations and official findings rather than a definitive account of criminal liability. Overall, Shah Cement is best understood as a major domestic Bangladeshi cement manufacturer whose identity rests on production scale, industrial modernization, association with Abul Khair Group, and strong local brand recognition. Publicly available reference material does not provide enough information to document its current executive team, detailed product portfolio, corporate website, or present market share with confidence.
History
Shah Cement was established in 2002 by Abul Khair Group as a cement-manufacturing business in Munshiganj, in the Dhaka region of Bangladesh. The company began with reported production capacity of 5.2 million metric tons per annum and built a 17-megawatt power plant to support its manufacturing operations. From its base in Munshiganj, Shah Cement developed as a domestic construction-materials supplier serving Bangladesh's building and infrastructure sectors. The company expanded its industrial importance as Bangladesh's cement market grew. By 2019, reference material described Shah Cement as holding about 14 percent of the country's cement market and as operating Bangladesh's largest cement plant by production capacity. These figures place the company among the country's leading cement producers, although the available material does not establish whether the stated market share or capacity ranking remains current. In 2018, Shah Cement completed a major modernization project by installing and commissioning a vertical roller mill supplied by FLSmidth of Denmark. The mill was reported to have a capacity of 15,000 tonnes and received Guinness World Records recognition as the world's largest vertical roller mill. This project became a defining part of the brand's industrial profile, emphasizing production scale and modern grinding technology. Shah Cement's brand-building history includes recognition from Kantar Millward Brown and Bangladesh Brand Forum. The company received the Best Brand Award in the building-materials category in 2010, 2016, and 2017. The awards indicate sustained local brand recognition, although detailed campaign materials and judging criteria are not available in the supplied reference. The company has also been the subject of regulatory and environmental controversy. Bangladesh's National Board of Revenue reportedly alleged that Shah Cement evaded around BDT 900 million in value-added tax. The allegation followed examination of audited financial statements for 2012, 2013, and 2014 and concerned alleged concealment of purchase information, dealings with unregistered raw-material suppliers, and related irregularities. A separate 2014 allegation by the Large Taxpayers Unit reportedly placed the disputed tax amount at BDT 788.5 million. The available material does not establish the final legal disposition of these allegations. Environmental and land-use concerns have focused on the company's factory area at the confluence of the Dhaleshwari and Shitalakkhya rivers. The National River Conservation Commission and Munshiganj district administration reportedly identified Shah Cement as a river encroacher in official findings from 2018, 2019, and 2023. In December 2024, a shipping adviser reportedly said he had witnessed the encroachment and directed officials to take action. Shah Cement denied grabbing river land. The allegations concern structures and land associated with RS Dag Nos. 184 and 301–308, which were described in the reference material as officially designated river areas. Available public material confirms Shah Cement's connection to Abul Khair Group, its principal manufacturing location, major production technology, brand awards, and controversies. It does not provide a sufficiently reliable record of current executives, product-level specifications, distribution arrangements, corporate financial performance, or a current official website. Those fields therefore remain unspecified.
- 2019
Reported leading domestic market position
[1]Reference material reported that Shah Cement held approximately 14 percent of Bangladesh's cement market and operated the country's largest cement plant by production capacity.
- 2018
Vertical roller mill commissioned
[1]The company commissioned a 15,000-tonne vertical roller mill supplied by FLSmidth, later recognized by Guinness World Records as the world's largest vertical roller mill.
- 2017
Third reported Best Brand Award
[1]Shah Cement again received the Best Brand Award in the building-materials category.
- 2016
Best Brand Award recognition
[1]The brand received another Best Brand Award in the building-materials category.
- 2010
First reported Best Brand Award
[1]Shah Cement received the Best Brand Award in Bangladesh's building-materials category.
- 2002
Company founded
[1]Abul Khair Group founded Shah Cement in Munshiganj, Bangladesh, with reported initial capacity of 5.2 million metric tons per annum and a 17-megawatt power plant.
Products and positioning
A large-scale Bangladeshi cement brand positioned around domestic market reach, manufacturing capacity, industrial technology, and construction-sector reliability.
Cement · 2002
Shah Cement
The company's core offering is cement for residential, commercial, industrial, and infrastructure construction in Bangladesh. The available reference identifies the brand as a cement producer but does not provide a verified list of individual cement grades, packaging formats, technical standards, or product sub-brands.
Construction materials
Bulk cement production
Shah Cement's large manufacturing operation supports high-volume supply for construction and infrastructure customers. Public reference material emphasizes plant capacity and industrial processing rather than a separately branded bulk-cement product line.
Controversies
2024
Renewed river-encroachment controversy
A government shipping adviser reportedly said he witnessed alleged encroachment in December 2024 and instructed officials to take action. Shah Cement continued to deny grabbing river land.
2023
River-land encroachment findings
Government bodies reportedly identified Shah Cement-related structures in areas designated as river land near the Dhaleshwari and Shitalakkhya rivers. The company denied illegal occupation.
2014
VAT-evasion allegations
Bangladesh's Large Taxpayers Unit reportedly accused Shah Cement of evading approximately BDT 788.5 million in taxes. The available reference does not establish the final legal outcome.
National Revenue Board VAT allegations
The National Board of Revenue reportedly alleged around BDT 900 million in value-added-tax evasion after examining audited financial statements for 2012–2014 and alleged irregularities in purchasing and supplier records.
Marketing campaigns
- 2017Best Brand Award recognition
Bangladesh
Shah Cement received the building-materials Best Brand Award for another reported year.
Outcome. The award added to the company's sequence of reported local brand recognitions.
- 2016Best Brand Award recognition
Bangladesh
The brand received a further Best Brand Award in the building-materials category.
Outcome. The recognition indicated continued domestic brand visibility.
- 2010Best Brand Award recognition
Bangladesh
Shah Cement was recognized in the building-materials category of the Best Brand Award program associated with Kantar Millward Brown and Bangladesh Brand Forum.
Outcome. The award strengthened the brand's reported recognition in Bangladesh's building-materials market.
Brand decisions
2018
Investment in a large vertical roller millGeneration changeBackground
Shah Cement pursued a major expansion and modernization of its cement-processing capability.
Action taken
The company installed and commissioned a 15,000-tonne vertical roller mill supplied by FLSmidth.
Aftermath
The mill received Guinness World Records recognition as the world's largest vertical roller mill and became a prominent marker of Shah Cement's production scale.
2002
Launch of an integrated domestic cement operationStrategyBackground
Abul Khair Group entered cement manufacturing in Bangladesh with a large production-oriented facility.
Action taken
Shah Cement was established in Munshiganj with reported cement capacity and an on-site power plant.
Aftermath
The company developed into a major participant in Bangladesh's cement market.
Sources1 sources
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