Cement News tagged under: Vietnam
Ho Chi Minh City concerned over cement shortages13 December 2017, Published under Cement NewsVietnam’s Ho Chi Minh City has expressed concern of a potential shortage of cement and construction sand in 2020, according to the Saigon Times. Tran Trong Tuan, director of the Ministry of Construction, said the city had currently 10 cement grinding plants with a capacity of over 10Mta but if all grinding units are forced to move out of the city by 2020 to prevent environmental pollution cement supply in the city would be disrupted. At present it is possible to raise the capacity of t... |
Vietnamese cement sales rise by 3.5% in first 11 months12 December 2017, Published under Cement NewsVietnam sold 72.79Mt of cement in the first eleven months of this year, a rise of 3.5 per cent from a year earlier and this fulfilled 91 per cent of the full-year target. Of the total, 55.63Mt were sold domestically, up two per cent YoY, while 17.3Mt were exported, rising two per cent YoY, the Dau Tu Chung Khoan newspaper reported Monday. However, export taxes have made cost increase by US$4.5t of clinker and US$7.5/t of cement based on average free-on-board prices of US$30 and US$50, ... |
Possible power price hike to increase Vietnamese production costs by US$35m06 December 2017, Published under Cement NewsVietnamese cement producers can expect a production cost rise by around VND800bn (US$35.2m) annually if a hike in power prices comes into effect, according to local industry sources. Vietnam’s Prime Minister, Nguyễn Xuân Phúc, recently approved a 6.08 per cent rise in retail electricity prices to VNC1720.65/kWh (excluding VAT), effective from 1 December. If the price hike is extended to industrial power prices and given the country’s current cement output of 86Mta, the industry will s... |
Vietnam sees 7% rise in output in 11M1704 December 2017, Published under Cement NewsVietnam produced 77.9Mt of cement in the first 11 months of this year, representing a 6.6 per cent rise YoY, according to the latest data from the government-run General Statistics Office. In November alone, 8.9Mt of cement were produced. In 10M17 69Mt of cement left Vietnam’s cement plants. In 2016, domestic output stood at 78.6Mt, including 7.3Mt in December. |
Vietnam's Vicem sells 20.93Mt of cement and clinker in 10M1723 November 2017, Published under Cement NewsState-owned Vietnam Cement Industry Corp (Vicem), the country’s leading cement producer, sold 20.93Mt of cement in the first 10 months of 2017. The volume reflects a drop of 1.1 per cent YoY. Vicem cement production also declined 3.6 per cent YoY in 10M17 to 17.75Mt with output in October at 1.86Mt, down 8.6 per cent when compared with October 2016. However, clinker output advanced 3.8 per cent YoY to 15.97Mt in the 10M17, including 1.6Mt in October, up 3.7 per cent YoY. In November, V... |
Vietnam 10M17 exports rise 23% YoY16 November 2017, Published under Cement NewsTotal cement exports from Vietnam rose to 15.12Mt in the first 10 months of 2017, representing a 22.9 per cent YoY increase. The country’s export earnings were up 13.9 per cent when compared with the year-ago period, reaching US$532.4m, according to the Ministry of Industry and Trade. Bangladesh, the Philippines, Taiwan and Peru were among major importers of Vietnamese clinker and cement, taking a 74.8 per cent share of the country’s total cement and clinker exports in the period. Ban... |
Vietnam's Vissai Cement joins WCA07 November 2017, Published under Cement NewsVietnam’s largest cement exporter Vissai Cement has joined The World Cement Association, adding to the organisation's network which covers 26 countries. “We are delighted that with Vissai Cement, we are welcoming a new member from an exciting country to our international community,” said Norman Greig, Secretary General of the World Cement Association. “A lot is happening in the Vietnamese cement industry right now, and Vissai’s fast-growing, diversified and international operations make t... |
SCG Cement sees 8% rise YoY from sales in Vietnam06 November 2017, Published under Cement NewsSCG Cement’s revenue from sales in Vietnam has seen an eight per cent rise YoY to VND6.88tn (US$309m) for 3Q17. The company’s revenue from selling high-valued products reached VND87.13tn for 9M17, which is a rise of seven per cent YoY and represents 39 per cent of the group's total revenues. In addition, the company invested VND1.6tn in research and development activities in the first nine months of 2017, according to Roongrote Rangsiyopash, the company's president and CEO. |
Vietnam 10M18 cement production up 6.5% YoY31 October 2017, Published under Cement NewsVietnam is estimated to have produced 69Mt of cement in the first 10 months of this year, representing a 6.5 per cent rise YoY, says the government-run General Statistics Office. Domestic cement producers manufactured 8Mt in October. In the first nine months, output from the country’s cement plants reached 61Mt, according to the office’s revised data. In 2016 output reached 78.6Mt. |
Vietnam's cement and clinker consumption rises in 9M1717 October 2017, Published under Cement NewsThe total consumption of cement and clinker from Vietnam cement producers grew six per cent to 59.27Mt in the first nine months of this year, reports the Ministry of Construction. Consumption in the domestic market was estimated at 45.28Mt, four per cent higher than the same period last year, including 18.9Mt sold by the Vietnam Cement Industry Corporation. The cement industry also exported about 13.99Mt, nearly completing the milestone annual export target of 14-15Mt, despite fierce c... |