Cement News tagged under: Quang Son

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Vietnam's Ministry of Construction opposes transfer of Quang Son to Vicem

24 July 2018, Published under Cement News

Vietnam’s Ministry of Construction has opposed the Ministry of Industry and Trade’s proposal to transfer the 1.5Mta Quang Son facility from Vinaincon to Vicem, both state-owned corporations, partially due to the plant’s losses and mounting loans, according to Viet Nam News. "Quang Son cement plant is located in an unfavorable position for transportation that leads to high production costs," said Luong Quang Khai, chairman of the board of members, Vicem. "In addition, the plant is suffe...