Cement News tagged under: Vietnam

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Vietnam output reaches 54.8Mt in first 10 months

02 November 2015, Published under Cement News

Vietnam is estimated to have produced 54.8Mt of cement in the first 10 months of this year, up 10.4 per cent from a year ago, the government-run General Statistics Office said. The figures include an output of 6.1Mt in October, an increase 10.8 per cent. In the first nine months, the country’s cement production hit 48.7Mt, according to the revised figure. Vietnam currently has 76 cement production lines with a combined annual output of 81.56Mt, data from the Ministry of Construction said....

Vietnam: Thanh Thang Cement Corp signs credit agreement for new second line

23 October 2015, Published under Cement News

Bank for Investment and Development of Vietnam (BIDV) on Wednesday signed a credit contract with Thanh Thang Cement Corp to develop a second line at the Vietnamese cement producer's plant in the northern province of Ha Nam. Under the agreement, BIDV will lend VND3.5trn (US$155.56m) to the project which requires a total investment of VND4.8trn, the Thoi Bao Kinh Te Vietnam newspaper reported Thursday. The project covers 56.8ha in Thanh Nghi commune, Thanh Liem district, and has a clinker ca...

Vicem nine-month sales reach 16.32Mt

21 October 2015, Published under Cement News

Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, sold 16.32Mt of cement and clinker in the first nine months of this year, up 1.5 per cent from a year earlier. Of the volume, 14.87Mt of cement and clinker were sold in domestic market, up 8.6 per cent YoY while 1.44Mt were exported, down 39.4 per cent, the corporation said on its website. In the third quarter, Vicem sold 5.61Mt of clinker and cement, up 6.2 per cent YoY, of which 5.27Mt of cement and clink...

Ho Chi Minh City rejects Ha Tien grinding plans

15 October 2015, Published under Cement News

The Ho Chi Minh City government has rejected Ha Tien 1 Cement JS's  plans to relocate its Thu Duc cement grinding plant to District 9 and scale up the capacity of its Phu Huu grinding unit. A document sent to Ho Chi Minh City Department of Natural Resources and Environment and related agencies last week, Ho Chi Minh City Vice Chairman Tat Thanh Cang confirmed the decision. The Thu Duc cement grinding plant is located by Ha Noi Highway in Truong Tho Commune in Thu Duc District. The faciliti...

Vicem Hoang Mai Cement plans new plant, Vietnam

12 October 2015, Published under Cement News

Vicem Hoang Mai Cement JSC has announced plans to build a cement factory at an estimated cost of VND10.8trn (US$480m) in the central Vietnam province of Nghe An. The Hoang Mai Cement 2 factory will be constructed in the 2016-20 period in two phases, providing more than 2Mta of cement after the completion of each phase. The plant will serve the central region as well as export markets.

Vietnam may fall short of full-year export target

09 October 2015, Published under Cement News

Vietnam’s cement sector is unlikely to fulfill this year’s export target of over 20Mt of cement and clinker, the Vietnam National Cement Association (VNCA) said. Cement and clinker producers in the country will likely export between 15-16Mt by year end, versus 20.5Mt in 2014, the Xay Dung online newspaper cited the association as saying Wednesday. In the first nine months of this year, the sector exported nearly 12Mt of cement and clinker worth US$520m, down 26 and 27 per cent in volume an...

Vietnam sales eight-month update

07 September 2015, Published under Cement News

Vietnam sold 46.92Mt of cement and clinker in the first eight months of this year, rising 10 per cent from a year earlier and fulfilling 65 per cent of the annual target, according to the country's Building Material Department of the Ministry of Construction. Of the total volume, 36.02Mt of cement were sold in the domestic market, up nine per cent YoY, while 10.9Mt were exported, rising 17 per cent YoY. In August Vietnam’s cement and clinker sales were down four per cent from July but u...

Vietnam output rises 10.3% in first eight months

01 September 2015, Published under Cement News

Vietnam produced 43.1Mt of cement in the first eight months of this year, up 10.3 per cent from a year ago, including 5.9Mt in August, up 16.9 per cent, the government-run General Statistics Office said. In the first seven months, the country’s cement production hit 37.2Mt, according to the revised figure. Cement and clinker sales are expected to rise 1.5-4 per cent YoY to between 72-74Mt this year, of which domestic sales will rise 4.5-6.5 per cent to 53-54Mt, while the exports will be 19...

Hoang Phat Vissai Group completes Song Lam 2 project, Vietnam

26 August 2015, Published under Cement News

Hoang Phat Vissai Group (The Vissai) on Tuesday hosted an opening ceremony to mark the launch  for its Song Lam 2 cement plant in Vietnam's central province of Nghe An. With the operation of Song Lam 2 cement plant, The Vissai will supply an additional volume of 600,000t of PCB30 cement to the central region, the Cong Thuong online newspaper reported Tuesday. The Song Lam 2 cement plant, formerly known as PetroVietnam Cement 12/9 JSC, is situated in Anh Son district, Nghe An province. Con...

VCM gets grinding project green light, Vietnam

25 August 2015, Published under Cement News

Vietnam’s central province of Binh Dinh has granted approval to the Vietnam Construction Material Company (VCM) to establish a new grinding plant in the region. VCM can survey areas at industrial parks in the province for the 1Mta grinding plant, the Ministry of Construction said on its website on 21 August. The new project is expected to an involve an investment of VND600bn (US$26.9m), VCM said. (Source: Vietnam News Brief Service).