Cement News tagged under: Vietnam
Vietnam production increases by nearly 11 per cent in 201529 December 2015, Published under Cement NewsVietnam is estimated to have produced 67.9Mt of cement in 2015, up 10.7 per cent from a year ago, including 6.6Mt in December, up 11.9 per cent, the government-run General Statistics Office said. In the first 11 months, the country’s cement production hit 61.3Mt, according to the revised figure. The country now has 76 cement production lines with a combined annual output of 81.56Mt. The Ministry of Construction forecasts that Vietnam's annual sales of cement and clinker will rise between f... |
Vietnam cement exporters fail to hit target22 December 2015, Published under Cement NewsVietnamese cement producers are struggling to maintain high volumes of cement exports due to falling overseas demand. According to the Vietnam National Cement Association (VNCA), Vietnamese cement makers have been facing fierce competition from China, the world’s biggest cement producer, which accounted for 60 per cent of the world total output. Selling at lower prices and trying to boost export whilst facing tough times domestically have led to a spreading malaise across the Asian ma... |
Vietnam: La Hien hits 2015 target18 December 2015, Published under Cement NewsVietnam’s La Hien Cement Joint Stock Co has reached its 2015 production and sales targets. By 14 December, the company had produced and sold 652,148t of cement, surpassing the 0.65Mt target. By the end of the year, sales are forecast to be around 0.68Mt, generating a revenue of over VND570bn (US$26.6m). Net profit is expected to be around VND32.6bn, or VND5.6bn over the annual target. |
Vietnam output up 10.3%, exports to miss target16 December 2015, Published under Cement NewsVietnam produced 61.2Mt of cement in the first 11 months of this year, up 10.3 per cent from the same period of last year, the government-run General Statistics Office said. The country's cement sales increased 10.2 per cent YoY to 6.5Mt in November. The Ministry of Construction predicted that Vietnam’s sales of cement and clinker to rise to between 72-74Mt this year. Domestic sales are expected to have risen 4.5-6.5 per cent to reach 53-54Mt, while exports will be betweem 19-20Mt. ... |
SCG sets sights on Vietnam expansion10 December 2015, Published under Cement NewsThailand’s Siam Cement Group (SCG) is seeking to enlarge the production of building materials in Vietnam as part of its plan to expand operation to overseas markets. SCG aims to have its cement and building material production in Vietnam grow 40 per cent a year while the chemical and package sectors will grow by 40 and 20 per cent annually, respectively, said Dhep Vongvanich, executive director for SCG in Vietnam. The group expected to have attention from the Vietnamese government and the ... |
Industry: Vietnam Jan-Nov cement output +10.3% to 61.2Mt30 November 2015, Published under Cement NewsVietnam is estimated to have produced 61.2Mt of cement in the first 11 months of this year, up 10.3 per cent from a year ago, the government-run General Statistics Office said. In November, output amounted to 6.5Mt, up 10.2 per cent YoY. In the first 10 months, the country’s cement production hit 54.7Mt, according to the revised figure. The country’s sales of cement and clinker is ancitipated to rise 1.5-4 per cent YoY to between 72-74Mt, of which domestic sales will rise 4.5-6.5 per cent ... |
Cong Thanh Group begins production from second line27 November 2015, Published under Cement NewsVietnamese producer Cong Thanh Group on 18 November held a ceremony to mark the first batch of cement made by its second production line at its cement plant in the northern province of Thanh Hoa. The new line has a clinker capacity of 12,500tpd or 3.6Mta, the group said on its website Thursday. The operation of the second production line will help contribute to the province’s industrial production growth and contribute VND600bn (US$27m) to the provincial budget. |
Vietnam northern province to divest state stakes in Lang Son Cement27 November 2015, Published under Cement NewsThe People’s Committee of Vietnam’s northern province of Lang Son plans to sell state stakes in Lang Son Cement JSC (LCC) at a put-through price is set at VND1380 ($0.06) each plus a margin of 15 per cent, the Dau Tu newspaper reported. LCC has a registered capital of VND58.39bn, of which the committee holds a 43.55 per cent stake, according to CaFef.vn newswire reported. |
Vietnam: MoC forecasts 2016 sales rise of 4-7%26 November 2015, Published under Cement NewsVietnam's sales of cement and clinker are predicted to rise 4-7 per cent YoY in 2016 to between 75-77Mt, according to forecasts by the country's Ministry of Construction (MoC). Of the total sales, domestic shipments are expected to account for 59-60Mt and exports 16-17Mt, the Xay Dung online newspaper cited the ministry as saying Wednesday. In the first 10 months of this year, dispatches totalled 58.6Mt, meeting 80 per cent of the full-year target. Domestic shipments amounted to 45.51M... |
Vietnam 10-month sales edge ahead03 November 2015, Published under Cement NewsVietnam sold 58.66Mt of cement and clinker in the first 10 months of this year, rising one per cent from a year earlier and fulfilling 80 per cent of the whole-year target, the Building Material Department under the Ministry of Construction said. The total comprised 45.51Mt of domestic sales (+9 per cent YoY), the Xay Dung online newspaper cited the department as saying. In October, the country’s cement sales rose 15 per cent MoM to 6.37Mt, including 5.07Mt of domestic sales, up 14 per ... |