Sai Son Cement VND50bn renovation project

Sai Son Cement (SCJ) announced that it will spend nearly VND450bn (US$20.17m) on renovation projects of clinker production lines at its Nam Son Cement plant, an decision reached at a recent General Assembly. The investment will go towards renovating the plant’s equipment to save energy, which will in turn improve the economic efficiency of the clinker production lines.

Some 20 per cent of the funds (VND85bn) for this project were generated through equity capital, while the remaining VND363bn came from commercial loans.