Cement News tagged under: Vietnam
Xuan Thanh Cement orders new line from FLSmidth29 March 2019, Published under Cement NewsXuan Thanh Cement has awarded FLSmidth with a DKK550m (US$82.6m) contract for a new brownfield production line at its facility in Ha Nam province, Vietnam. FLSmidth will design and engineer the new clinker production line and deliver equipment for the entire process from crushing to clinker silo. The order is due to be completed by the end of 2020, and once operational the production line will have a capacity of 12,500tpd. In 2015, Xuan Thanh Cement placed a similar order for a product... |
Vietnam cement producers see 8% rise in February output28 March 2019, Published under Cement NewsCement production in Vietnam in February 2019 reached 5.093Mt in February, up eight per cent when compared with February 2018 but down 29.7 per cent from 7.247Mt in January 2019, according the Vietnam National Cement Association (VNCA). Of this total, domestic deliveries by Vietnamese cement producers reached 2.751Mt, including 0.934Mt supplied by VICEM, an additional 0.657Mt by its associated companies and 1.16Mt by other Vietnamese producers. Total exports increased six per cent YoY to... |
Vietnamese cement sales increase 4% in 1Q1927 March 2019, Published under Cement NewsVietnamese cement sales are estimated to have reached 23.08Mt in the 1Q19, an increase of four per cent YoY, according to the latest data released by the Vietnam Building Materials Association. This includes 14.5Mt sold in the domestic market and 8.58Mt of exports. In March alone the country is expected to record a 3.5 per cent YoY increase in sales to 9.45Mt of cement. Around 3.4Mt of this was exported, down two per cent YoY. Meanwhile, 2.7Mt of the total was sold by VICEM. According to ... |
Higher electricity costs to impact Vietnamese cement prices26 March 2019, Published under Cement NewsVietnam Cement Industry Corp (VICEM) has announced that its electricity costs will increase by VND20bn (US$855,730) per month, and therefore product prices are also expected to rise. Local producers have stated that they will raise prices by VND30,000-50,000/t. On 20 March power prices went up by 8.4 per cent to VND1864, exclusive of VAT, after remaining unchanged for two years. A household which uses 520kWh a month will now pay an extra VND83,000, according to Vietnam News. Vietnam Elect... |
Vietnamese exports rise 15% in February12 March 2019, Published under Cement NewsVietnamese exports have risen 15.2 per cent in volume and 36.3 per cent in value for February 2019, rising to around 2.5Mt and US$105m, respectively. The average export price has increased 18.3 per cent YoY to US$42/t, according to the country’s Foreign Trade Agency. The three main export markets for Vietnamese cement were the Philippines, China and Bangladesh at 2.1Mt in February, accounting for more than 75 per cent of total exports. In the first two months of the year, exports were up 7.... |
Vietnam expected to record 8-9% cement sales increase25 February 2019, Published under Cement NewsVietnam is expected to record an 8-9 per cent YoY rise in cement sales to 98-99Mt in 2019, according to a forecast by the country’s Ministry of Construction. Of this, domestic sales would consist of 70Mt while the additional 29-30Mt would be exports. Two more production lines are also expected to push cement output to 101.74Mt from a total of 84 lines. The country produced 90.2Mt of cement in 2018. |
Vietnam estimated to produce 7.8Mt in January01 February 2019, Published under Cement NewsVietnam’s General Statistics Office has estimated that the country produced 7.8Mt of cement in January 2019. This figure represents a 5.9 per cent YoY increase, but is down 1.6 per cent MoM. Revised figures for 2018 show that the country produced 90.2Mt in the full-year period, up 9.7 per cent YoY. |
Safeguard measures placed against imports into Philippines28 January 2019, Published under Cement NewsThe Philippine’s Department of Trade and Industry (DTI) has begun preliminary safeguard measures against cement imports from Vietnam amongst other countries. As such, the DTI applied duties of PHP8.40 (US$0.16)/40kg bag or PHP210/t (US$4/t). The safeguard measures will be in place for 200 days from 18 January 2019. Vietnam was the biggest importer of cement into the Philippines between 2014-17. In the first four months of 2018, cement imports from Vietnam accounted for 75.2 per cent of th... |
Cement demand in Vietnam slips 1% YoY24 January 2019, Published under Cement NewsTotal cement demand in Vietnam fell to 5.828Mt in December 2018, down by one per cent YoY, but up three per cent when compared with November 2018, according to the latest data by the Vietnam National Cement Association (VNCA). Of this total, VICEM Group companies accounted for 1.96Mt with an additional 1.618Mt sold by VICEM’s joint ventures, representing YoY changes in sales volumes of -4 and +3 per cent, respectively. Other cement producers sold 2.25Mt in December 2018, resulting in stabl... |
Thanh Thang receives approval for two additional lines11 January 2019, Published under Cement NewsNguyen Xuan Phuc, Vietnam’s prime minister, has given approval to add two cement production lines (4 and 5), with a capacity of 2.3Mta each, to Thanh Thang Cement Corp’s plant in Ha Nam. The fourth line is expected to enter operation after 2021 and the fifth after 2025. Both lines with produce cement for projects specifically located on the coast or islands. The country’s Ministry of Construction has been assigned to work with both the Ministry of Natural Resources and Environment and the... |