Cement News tagged under: Vietnam Cement Industry Corporation

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Environmental concerns increasingly block expansion plans in Vietnam

29 September 2017, Published under Cement News

This week, Vicem Hoang Mai Cement JSC, an affiliate of Vietnam Cement Industry Corporation (Vicem), was instructed by the provincial authorities to locate its prospective 4.5Mta Hong Mai 2 cement plant in a different location to the planned Hoang Mai 2 Industrial park site. The decision will be a set-back for Vicem who had announced its intention to build the factory in October 2015 in the central province of Nghe An, as a two-phased project. Hoang Mai Cement is one of the older Vicem ...

Vicem sales up 6.7% in first two months

12 March 2015, Published under Cement News

State-owned Vietnam Cement Industry Corporation (Vicem) said it sold about 3.1Mt of cement and clinker in the first two months of this year, rising 6.7 per cent from a year ago and fulfilling 99.1 per cent of the target. Of the volume, 2.49Mt of cement and clinker were sold in domestic market, up 15.3 per cent YoY and 610,000t were exported, down 18 per cent. In the first two months, Vicem produced 2.81Mt clinker and 2.31Mt of cement, rising 11.3 per cent and 17.9 per cent YoY. As of...

Vicem October sales up 19% YoY

19 November 2014, Published under Cement News

State-owned Vietnam Cement Industry Corporation (Vicem) said it sold 2.09Mt of cement and clinker in October, rising 18.9 per cent from a year ago. Of the volume, 1.65Mt of cement and clinker were sold in domestic market, up 10.7 per cent YoY, and 439,000t were exported, rising 65 per cent. In the first 10 months, Vicem’s clinker and cement sales rose 3.2 per cent YoY to 18.22Mt, of which 15.37Mt were sold in domestic market, and 2.84Mt exported, rising 3.2 per cent and 59.54 per cent Yo...

Ha Tien 1 Cement issues new shares to reduce debt, Vietnam

02 January 2014, Published under Cement News

Ha Tien 1 Cement JSC (HT1) has completed the issuance of 120m new shares in a private placement to Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer. HT1, listed on the Ho Chi Minh stock exchange, sold the shares at VND10,000 each, according to a statement sent to the bourse. The company added that the sale is aimed to reduce its debt incurred with Vicem. After the issuance, Vicem raised its holding in HT1 to 79.69 per cent, equal to 253.42 million shares, ...