LafargeHolcim rolls out Geocycle in Bangladesh - Share market analysis of dhaka stock exchange, Bangladesh

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03 December, 2017 10:36 AM Source: The Daily Star Bangladesh

LafargeHolcim Bangladesh Ltd has launched its waste management service Geocycle in the country.

Abdullah Al Islam Jakob, deputy minister for environment and forests, inaugurated the service at the Le Méridien Dhaka on Wednesday, according to a statement of the company.

The service is currently being offered in 50 countries.

Rajesh K Surana, CEO of Lafarge-Holcim Bangladesh, said Geocycle is the initiative of sustainable waste management of LafargeHolcim Group.

He said emerging countries like Bangladesh are desperately in need of infrastructure for waste management. A large amount of industrial waste is land-filled or dumped.

“By providing sustainable solutions, Geocycle contributes to a cleaner environment and better living spaces. It works with its stakeholders in communities around the world for a zero-waste future and to ensure a brighter tomorrow,” said Surana.

At present, LafargeHolcim Bangla-desh manages 900 tonnes of industrial waste in its Chhatak plant and the plant will be more efficient owing to Geocycle, according to the statement.


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