Vietnam: Song Lam project 'facing financial difficulties'

Vietnam: Song Lam project 'facing financial difficulties'
Published: 21 July 2015

Tagged Under: greenfield new plant Vietnam 

The Vissai Cement Group, which is building the 12,000tpd Song Lam Cement Plant, has announced that ground clearance has already reached about VND240bn (US$11m).

As a result, the group has reported 'facing financial difficulties' and is also struggling with the costs of clearing the path for a road between the plant site and an existing grinding facility.

The project involves two production lines, each with a clinker capacity of 6000tpd.  It was originally expected that the plant would produce its first clinker by September 2016.  (Source: VENEWS)