Vietnam But Son Cement opens new line

Vietnam But Son Cement opens new line
Published: 11 January 2011

But Son Cement Joint Stock Company (BTS) operated a new cement production line with a design capacity of 1.6Mta in Vietnam’s northern province of Ha Nam on Jan 9.

The production line has a total investment of VND3trn (US$157.11m), the state-run Vietnam News Agency said Monday.

The Japanese technology line was started construction in early 2007 under the government’s development planning till 2010 with a vision for future development through 2020.

The Hanoi Stock Exchange-listed firm earlier targeted a net profit of VND113.75bn on revenues of VND2.06trn and a dividend payout equivalent to VND700-VND1,000/share in 2010.