Nghi Son Cement Corporation, a joint venture between Vietnam and Japan, has put into operation Ninh Thuy cement grinding station in Vietnam’s central province of Khanh Hoa, the Nhan dan newspaper reported Wednesday.
The station located on an area of 28.64 hectare in Ninh Hoa district, has a total investment of $18 million and an annual grinding capacity of 500,000 tons of cement.
The station’s products will be served for the central and central highlands regions.
Nghi Son sold 1.6 million tons of cement in the first seven months of this year, up 9.5% on-year.
The Ministries of Finance, and Industry and Trade have urged Chinfon Cement Corporation, Nghi Son Cement Corporation and Phuc Son Cement Company to seek more export markets for their products to reduce the country’s forecast glut.
They were requested to export between 100,000 and 150,000t of cement each in the second half of 2010, 50% of their output in 2011 and all their products from 2012.