Cement News tagged under: Vietnam
Vietnam exports to Bangladesh rise30 September 2016, Published under Cement NewsCement and clinker exports from Vietnam to Bangladesh market in the first eight months of 2016 reached US$94.20m worth, accounting for 26 per cent of total export value. Cement and clinker exports to Bangladesh market fell 39.18 per cent while over the same period last year but is found to have the largest export value, accounting for 26 per cent share of exports. Demand for cement in Bangladesh is mainly focussed on government infrastructure projects – approximately 40 per cent of ceme... |
Vietnam: domestic cement consumption could reach 80Mt by 202022 September 2016, Published under Cement NewsCement consumption in Vietnam will this year reach 60Mt, while 15.5-17Mt of cement and clinker will be exported, claims Vietnam's Cement Association Chairman, Nguyen Quang Cung. Mr Cung said Vietnam's total productivity was estimated to reach 95Mt by 2020, of which domestic consumption would increase by 5-5.5Mta, reaching 80Mt. The remaining volume of 15Mt would be be shipped overseas. "Vietnam will be able to meet the increasing demands of production and export of cement and clinker by... |
Vietnam: Xuan Thanh Cement Phase 2 enters main construction period21 September 2016, Published under Cement NewsThe 4.5Mta Phase 2 project of JSC Xuan Thanh Cement is entering its peak construction period, according to company reports. More than 60 per cent of the mechanical equipment, including a clinker kiln, raw and coal mills, ESPs, bag filters and cooler, has been delivered to the installation site. FLSmidth of Denmark was awarded the EUR100m equipment supply contract. Energy efficiency and state-of-the-art emission and process control systems were a key requirement in the design of the plant... |
Sai Son Cement VND50bn renovation project09 September 2016, Published under Cement NewsSai 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 VND36... |
Vietnam: Xuan Thanh Cement orders Loesche mills07 September 2016, Published under Cement NewsLoesche has won an order to supply two cement mills for a new line at Xuan Thanh Cement’s plant in Hà Nam in northern Vietnam. Xuan Thanh announced in March 2014 that it had secured government approval for its plans to expand its existing facilities at the plant to a capacity of 4.5Mta. The new mills will enable the company to realise this goal. The agreement will see Loesche supply two LM 56.3+3 CS cement mills a number of other components, including fresh material supply, the product... |
Vietnam: multiple mergers and acquisitions05 September 2016, Published under Cement NewsSiam City Cement (SCCC) is set to purchase 65 per cent of the stakes in LafargeHolcim Vietnam in a deal valued at US$524m. The acquisition is due to be completed in the 4Q once all administrative procedures are completed. This is not the first Thai purchase of Vietnamese cement operations. In 2012 SCG Cement bought Buu Long cement plant in the Dong Nai province. SCG has been developing multiple projects in the country, purchasing stakes in a range of building materials manufacturers,such ... |
LafargeHolcim02 September 2016, Published under Cement NewsLafargeHolcim has agreed to sell its 65 per cent stake in LafargeHolcim Vietnam to Siam City Cement Company, assuming that the existing minority shareholder does not exercise its pre-emption rights. Based on a company value of CHF867m this values the deal at EUR516m. LafargeHolcim Vietnam has one integrated works and four grinding centres with a total capacity of 6.3Mta. The company also has seven ready-mixed concrete works in southern Vietnam. LafargeHolcim reached an agreement with... |
Vietnam: cement output up 15.2% YoY31 August 2016, Published under Cement NewsVietnam is estimated to have produced 50.6Mt of cement in the first eight months of 2016, a 15.2 per cent increase from the same period last year, according the the government-run General Statistics Office. Cement output in August is expected to climb 13.1 per cent to 6.5Mt compared to August 2015. Following China, India, Iran and the US, Vietnam is the fifth-largest cement producer in the world. It operates 76 production lines with a combined output of 81.56Mta. Vietnam is currently f... |
Vietnam cement sales reach 45.02Mt in Jan-Jul 201623 August 2016, Published under Cement NewsInclement weather conditions resulted in Vietnam’s cement sales slipping to 5.15Mt in July, but prices remained stable, according to the country’s Ministry of Construction. Exports stood at 1.1Mt. In the first seven months of this year, Vietnam’s cement sales reached 45.02Mt. Around 35.52Mt was sold in the domestic market, up 14 per cent YoY, while 9.5Mt of cement and clinker were exported, 1.6 per cent less than in Jan-Jul 2015. At present, Vietnam has 76 cement production lines and a... |
Vietnam sees export value rise 19% in Jan-Jul 201616 August 2016, Published under Cement NewsVietnam earned US$335.12m as it exported 8.97Mt of cement and clinker in the Jan-Jul 2016 period, up 18.8 per cent YoY in value, but down 6.2 per cent in terms of volume. The Philippines, Bangladesh, Taiwan and Mozambique were key importers of Vietnamese clinker and cement in the first seven months of this year, according to the Vietnamese Ministry of Industry and Trade. The Philippines surpassed Bangladesh to become the largest importer of cement and clinker from Vietnam in terms of v... |