Cement News tagged under: Vietnam
Vietnamese market expands 25% in March22 April 2022, Published under Cement NewsTotal cement deliveries in Vietnam reached 7,110,132t in March, representing a YoY increase of 25 per cent and a MoM advance of 101 per cent, according to the Vietnam National Cement Association (VNCA). Of this total, 2,576,950 was supplied by VICEM, which saw its domestic sales increased by 31 per cent YoY and by 130 per cent MoM. Other VNCA members reported a 12 per cent YoY and 118 per cent MoM rise to 1,743,182t while non-affiliated cement producers posted a 30 per cent YoY and 72 per ... |
Bringing down temperature12 April 2022, Published under Cement NewsVietnam’s tropical climate, with its high humidity, places extra challenges on FICO-YTL’s grinding plant operations in Tay Ninh, affecting the performance of the final product. However, following an upgrade the cement produced in the mill is now of a significantly better quality, while output has increased and power consumption reduced. By Hongzhi Zhu, CETEC Co Ltd, China. Following an upgrade at FICO-YTL's grinding operations in Tay Ninh, Vietnam, the company's cement quality has ... |
Vietnam market expands 39% in February25 March 2022, Published under Cement NewsTotal domestic cement sales in Vietnam reached 3,538,333t in February 2022, up 39 per cent YoY but down 14 per cent when compared with January 2022, according to the Vietnam National Cement Association (VNCA). VICEM plants sold 1,119,190t, up 47 per cent YoY, while other VNCA members dispatched 799,143t, seeing their sales increase by 33 per cent YoY. Other cement producers in the country reported a 36 per cent YoY rise to 1,620,000t. Exports advanced by 33 per cent YoY but slipped two p... |
Cement producers raise prices in Vietnam18 March 2022, Published under Cement NewsCement manufacturers have raised prices by VND100,000-150,000 (US$4.40-6.60) /t, or by 5.5-8.3 per cent, in Vietnam, claiming production costs have risen. Ha Tien 1 Cement JSC, a subsidiary of the Vietnam National Cement Corporation ( VICEM ), announced a hike of VND100,000/t to VND1,800,000/t for its Vicem Ha Tien brand of packed cement with effect from 23 March. Hoang Long Cement JSC has increased its prices by VND120,000 and Thanh Thang Group Cement JSC has hiked the pri... |
Vietnam sees fall in January domestic sales while exports advance25 February 2022, Published under Cement NewsVietnam saw a 24 per cent drop in cement sales to 4,133,512t in January 2022 when compared with January 2021, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM sold 1,382,175t, down 20 per cent YoY, while other associated companies saw their sales shrink 27 per cent YoY to 911,337t in January 2022. Sales of other Vietnamese producers contracted by 24 per cent YoY to 1,840,000t. However, exports increased 22 per cent YoY to 3,834,871t in January 2022. Clinke... |
BMH Technology Oy wins MSW to RDF project order in Vietnam17 February 2022, Published under Cement NewsBMH Technology Oy will supply a Tyrannosaurus ® waste-to-fuel plant to TTCL Vietnam Corp Ltd as the main EPC Contractor in Bắc Ninh province, Vietnam. The line will process municipal solid waste (MSW) collected in Bắc Ninh province, separate recyclables and refine the rejects into RDF. The delivery by BMH will be part of a waste-to-energy power plant that is being built for Thang Long Energy Environment JSC. The plant is designed to handle a total of 600tpd of fresh MSW and indu... |
VICEM sees 29.4Mt of cement and clinker sold in 202108 February 2022, Published under Cement NewsVietnam-based Vietnam Cement Industry Corp (VICEM) sold 29.44Mt of cement and clinker in 2021, reflecting stable sales when compared with 2020, according to local media. VICEM’s cement sales reached 24.16Mt while clinker sales reached 5.28Mt. The company’s output saw a 2.1 per cent drop to 21.47Mt of clinker and 24.1Mt of cement. The company’s revenues remained level at VND33.81trn (US$1.46bn) when compared with 2020. Its pretax profit slipped 1.3 per cent YoY to VND2.05trn. In 2021 V... |
FLSmidth forms partnership in Vietnam for waste plastic co-processing28 January 2022, Published under Cement NewsFLSmidth will work with TONTOTON, a waste handling start-up company in Vietnam, to assist local cement producers in replacing fossil fuels with non-recyclable plastic waste. Eight million tonnes of plastic end up in the world’s oceans every year. As the fourth-largest contributor to marine plastic pollution globally, Vietnam wants to buck this harmful trend, which is largely caused by an ineffective waste handling infrastructure. Sustainability start-up TONTOTON will be streamlining ... |
Ha Tien sees 65% drop in 4Q net profit26 January 2022, Published under Cement NewsHa Tien 1 Cement JSC , in which Vietnam Cement Industry Corp holds a 79.7 per cent stake, reported a 65.4 per cent YoY fall in consolidated net profit to VND53.32bn (US$2.3m) in the 4Q21 due to a decrease in gross profit. The company’s net profit during the quarter declined 8.5 per cent YoY to VND2.02trn. In 2021 the company saw a 39.1 per cent drop in consolidated net profit to VND369.86bn on a net revenue of VND7.06trn, down 11.3 per cent YoY. |
Vietnam cement sales slip in 2021 but exports surge24 January 2022, Published under Cement NewsCement sales in Vietnam edged up by two per cent to 6,135,769t in December 2021, according to the Vietnamese cement association, VNCA. When compared with November 2021, the increase was 10 per cent. Of this total, VICEM sales remained stable YoY although MoM they saw a 13 per cent hike to 2,067,491t in December 2021. Affiliated companies reported a nine per cent drop YoY but an 11 per cent MoM rise to 1,353,278t while Vietnam’s other cement producers reported YoY and MoM increases in sales... |