Vietnam: Song Lam project 'facing financial difficulties'

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


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)

Published under Cement News

Tagged Under: greenfield new plant Vietnam