Vicem announces 7% sales increase

Vietnam’s leading cement producer, Vicem, has announced a 6.7 per cent YoY increase in sales of clinker and cement to 9.2Mt for the first four months of 2018, according to Vietnam News.

In the same period, the company’s clinker and cement output also increased five and 1.5 per cent to 6.49Mt and 7.24Mt, respectively.

Vicem aims to produce 1.8Mt of clinker and 2.5Mt of cement in May alone, while its cement and clinker sales are expected to reach 2.7Mt in the month.

Outlook for 2018
In the full-year 2018 period, the company aims to increase production of clinker by two per cent YoY to 19.7Mt. Alongside this, its cement and clinker sales are expected to rise four per cent YoY to over 28Mt.