Analysis of Environmental Costing Research
Letter of Transmittal
6th December 2012
BRAC Business School
We are delighted to present the Report on “Environmental Costing and Analysis” of Square Bangladesh.
Your instructions have been strictly followed by us to build up a vivid picture of the company’s Environment issues & cost performance as you have mentioned.
Premier Cement Mills Ltd is one of the leading cement companies of the country. The company was started off by top ranking businessmen who had long years of experience in the cement business.
In this report, we have tried to give a complete picture of the cement industry of Bangladesh. For a background, the history of the cement industry has been included.
We have also focused on the various stages of the cement industry in our country hi-lighting on some of the important years and legal situations that took place. The ranking of the top ten cement companies have also been given which is followed by a thorough analysis of the cement industry in terms of different Environment issues. The position of the cement industry and Premier Cement Mills Ltd have been briefly explained in respect of environment welfare. Premier Cement Mills Ltd has different competitors in the market who produce similar products with similar pricing for the market of Bangladesh. Premier Cement Mills Ltd is a company who are striving hard to improve their position in the market and go for further growth and expansion. To achieve this goal, the company has developed some new exciting plans which they will implement in the near future. To analyze the state of Premier Cement Mills Ltd, the internal strengths and weaknesses along with the external threats and opportunities have also been included in the report. The company is a part of the industry and thus it very important for Premier Cement Mills Ltd to understand the situations, problems and the trends prevailing in the industry. By observing all this, we have come up with some recommendations which we have included in this report. We have ended this report with a conclusion.
Premier Cement Mills Ltd is one of the leading cement companies of the country. The company was started off by top ranking businessmen who had long years of experience in the cement business. Premier Cement Mills Ltd was incorporated on 14th October 2001 and it started its production on 12th March 2004 commercially. The company is well known for producing quality cement at a low price. The head office and the commercial building of Premier Cement Mills Ltd is located in TK Bhaban, Karwan Bazar, Dhaka. The other office of PMCL is located in Chittagong. The team consists of three leading groups of Bangladesh which are T.K Group of Industries, Seacom Group and Jahangir & Others. The Board of Directors of the company consists of members from each of the above three groups. A total number of 450 employees work in PMCL. Currently, the company runs with an annual production capacity of 9 Lacs tons (per Month 75,000 tons). The company manufactures two types of cement which are the Portland Composite Cement and the Portland Pozzolana Cement which is made solely for exporting. The present production capacity of the ongoing project of the year 2010 of Premier Cement Mills Ltd is 1,200,000.00 tons. The company uses the European Standard Method (ESTM) to manufacture their products. They are also one of the few companies in Bangladesh who use European machineries and technologies to produce their products. Premier Cement Mills Ltd has its own mother vessels, Lorries, trucks and vans through which they deliver their products to their customers....