Cement News tagged under: Vietnam
Hoang Mai Cement expects revenue at US$80m this year10 October 2014, Published under Cement NewsHoang Mai Cement JSC (HOM), an affiliate of Vietnam Cement Industry Corporation (Vicem), forecast its net revenue at VND1.7trn (US$80m) and pretax profit at VND45bn, thank to a rebound in demand of cement in the local market. The projection was made by Truong Quoc Huy, director of HOM in a report posted on a website under the Ministry of Construction. In 2014, the company’s total cement sales are forecast to hit 1.7Mt and clinker sales are predicted at 81,000t, versus respective 1.24Mt of ... |
Holcim Vietnam plant to take toxic oil09 October 2014, Published under Cement NewsAuthorities in Vietnam’s northern province of Quang Ninh will remove 7000l of toxic oil from the edge of the Ha Long Bay and dispose of it at Holcim's cement plant in Mekong Delta. News website Dan Tri cited a source from provincial authorities as saying the PCB-laced oil will leave the bay for the factory in Kien Giang Province within the coming days. Holcim is capable and properly-equipped to transport the oil, the official said. The oil is contaminated with PCBs (polychlorinate... |
Vietnam September output up 4% YoY02 October 2014, Published under Cement NewsVietnam is estimated to have produced 5Mt of cement in September, up four per cent from the previous month and nine per cent YoY, the government’s General Statistics Office (GSO) said. In the first nine months, the country’s cement output has risen 4.8 per cent YoY to 43.3Mt, the office said in its monthly cement report. The office has also revised down the country’s cement output in August to 4.8Mt from the earlier estimated figure of 5Mt. In 2013, Vietnam’s cement output hit 56.84M... |
Vietnam Ministry requests review of cement projects29 September 2014, Published under Cement NewsTwelve cities and provinces have been asked by the Vietnamese Ministry of Construction to review cement plants in the localities under the industry’s master plan until 2020 with a vision to 2030. The request will involve the authorities of Hanoi, Haiphong, Hoa Binh, Bac Can, Ha Giang, Thanh Hoa, Nghe An and Thua Thien-Hu provinces. The ministry’s requirement follows the prime minister’s approval to cancel five cement projects, comprising Cao Duong, Cho Moi, Viet Duc, Long Tho and Ngan Son ... |
Indonesia, Taiwan and Malaysia top Vietnam's eight month export table26 September 2014, Published under Cement NewsIndonesia, Taiwan and Malaysia were the largest importers of Vietnamese clinker and cement in the first eight months of this year, latest data from Vietnam’s Ministry of Industry and Trade shows. During the period, Indonesia imported 1.56Mt of clinker and cement worth US$73m from Vietnam, while Taiwan acquired 933,128t worth US$40m and Malaysia purchased 904,117t worth US$44m. Next in line were the Philippines (721,060t worth US$27m) and Cambodia (348,139t worth US$19m), the ministry ad... |
Vietnam approves Vicem privatisation schedule18 September 2014, Published under Cement NewsVietnam’s Ministry of Construction has approved the privatisation schedule of Vietnam Cement Industry Corporation (Vicem), the country's largest cement producer, under which Vicem will have to sell shares of its parent firm in October 2015. Vicem has been required to announce its corporate valuation by the end of April and submit its privatisation plan to the ministry by end-June, the Dau Tu newspaper reported. Vicem is one of the 432 state-run companies that have to undergo privatisati... |
Vietnam cancels five plant projects from Master Plan05 September 2014, Published under Cement NewsVietnamese Prime Minister, Nguyen Tan Dung, has approved a proposal by the country’s Ministry of Construction to cancel five cement projects from the industry’s Master Plan 2011-2020. The five projects, which have a combined capacity of 0.91Mta, are Cao Duong, Cho Moi, Viet Duc, Long Tho and Ngan Son. The government leader earlier had approved a proposal by the Vietnam Building Material Association to remove nine cement projects from planning to keep capacity in line with demand. The p... |
Vietnam’s export volumes up 20% YoY04 September 2014, Published under Cement NewsIn the first seven months of this year, Vietnam earned US$563.15 from exporting 13.1Mt of clinker and cement, up 24 and 20.4 per cent in value and volume terms, respectively. Indonesia, Taiwan and Malaysia were the top importers of Vietnamese exports during the period, according to figures from the Vietnamese Ministry of Industry and Trade. Indonesia imported 1.42Mt of clinker and cement worth US$69m, Taiwan acquired 863,270t worth US$37.6m and Malaysia purchased 700,880t worth US$34.7m. ... |
Vietnam Jan-Aug sales up eight per cent YoY03 September 2014, Published under Cement NewsCompanies in Vietnam sold 42.53Mt of cement in the first eight months of this year, up eight per cent YoY and meeting 68.6 per cent of the year’s target, the Ministry of Construction said. Of the total, 32.85Mt of cement were sold at the domestic market, up seven per cent YoY while 9.68Mt were exported, and increase of nine per cent YoY the ministry said. In August, the country’s cement sales rose two per cent from the previous month and three per cent YoY to 5.29Mt despite the rainy s... |
Vietnam: double-digit uptake in domestic sales25 August 2014, Published under Cement NewsVietnam producers sold 4.42Mt of cement to the domestic market in July, up 12 per cent from the previous month and 14 per cent from the same period a year ago, the Vietnam Cement Association said. Exports totalled 1.15Mt, comprising 363,603t of cement and 754,962t of clinker – up 31 and nine per cent MoM, respectively. By the end of July, Vietnam reported 560,000t of cement and 1.87Mt of clinker inventories. The association anticipates that the country's cement sales will dip this mont... |