Cement News tagged under: Vicem
Vicem production up 5.1% per cent in first five months19 June 2014, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) produced 7.34Mt of cement in the first five months of this year, rising 5.1 per cent from a year ago and fulfilling 39 per cent of the whole-year target. The corporation’s clinker output, however, fell by three per cent YoY to 6.63Mt in the period, meeting 38.4 per cent of the full-year target. In May, Vicem’s cement output rose by 6.3 per cent YoY to 1.73Mt, while the corporation’s clinker output was 1.39Mt, equal to the figure of May 2013. ... |
Vietnam sees cement demand pick up13 June 2014, Published under Cement NewsThe Vietnam National Cement Association (Vicem) says domestic cement consumption in the first five months of 2014 reached 20.42Mt, up 9.3 per cent on the same period last year. In the last month alone, cement consumption in the country was estimated at 4.87Mt, increasing 12 per cent against May 2013. The association chairman, Nguyen Quang Cung, predicted that domestic cement consumption this year would reach 50Mt, which would be equal to the 2010 volume, the highest level so far. Vietnam ... |
Vicem’s sales increase boosted by exports11 June 2014, Published under Cement NewsState-owned Vietnam Cement Industry Corporation (Vicem), the country's leading cement producer recorded a seven per cent rise in sales over the first four months of the year boosted by an increase in exports. In the January-April 2014 period, Vicem sold 7.4Mt, surpassing the initial target by 13.5 per cent. Some 5.87Mt of cement were sold domestically (-10.4 per cent YoY) and 1.54Mt were exported (+312 per cent). The corporation also produced 5.25Mt of clinker between January and April... |
Vicem February sales rise 42% YoY27 March 2014, Published under Cement NewsVietnam Cement Industry Corp (Vicem), the country’s leading cement producer, sold 1.48Mt of cement and clinker in February, up 2.78 per cent from the previous month and 42 per cent from a year ago. Of the total, 1.12Mt of cement and clinker were sold domestically, a rise of 15.1 per cent YoY, while 359,000t of were exported – marking an increase of 513 per cent YoY, In the first two months of the calendar year, total sales rose three per cent YoY to 2.84Mt, of which 2.14Mt was sold to the ... |
Vicem: January cement and clinker output declines28 February 2014, Published under Cement NewsState-owned Vietnam Cement Industry Corp (Vicem) saw output in January fall to 1.44Mt, a 9.4 per cent decline from December 2013 and 19.5 per cent reduction YoY. Of the total, 986,000t of cement and clinker were sold in the domestic market, down 28.8 per cent MoM and 40.2 per cent YoY, while 456,000t were exported, up 120.3 per cent MoM and 219 per cent YoY, respectively. In January, Vicem produced 1.23Mt of clinker and 1.05Mt of cement, down 11.6 and 16.7 per cent, respectively. Th... |
Vicem 2013 revenue rises 7% YoY14 January 2014, Published under Cement NewsVietnam Cement Industry Corporation (Vicem), Vietnam’s leading domestic producer, said its revenues rose by seven per cent YoY in 2013 to more than VND30.5trn (US$1.45bn). State-run Vietnam news agency reported that Vicem posted a pretax profit of VND528bn and contributed VND1.03trn to the state budget last year. Cement and clinker output for the state-run cement producer rose by 8.8 per cent YoY while cement sales rose by 9.3 per cent. For this year, VICEM targets cement and clinker sal... |
Vicem sets 2014 revenue targets09 January 2014, Published under Cement NewsVietnam Cement Industry Corporation (VICEM, the country's leading cement producer, is targeting more than VND30trn (US$1.4m) in revenue this year. To meet these goals, the company will focus on cost reduction strategies, renew production techniques, among other measures. Last year VICEM witnessed a 8.8 per cent YoY ncrease in clinker and cement output. The firm also accounted for over 16Mt out of the almost 46Mt of cement the country produced in 2013. |
Ha Tien 1 lists 120m new shares on HOSE07 January 2014, Published under Cement NewsHa Tien 1 Cement JSC has received approval from the Ho Chi Minh City Stock Exchange (HOSE) to float 120m new shares on the bourse. The shares, earlier sold to Vietnam Cement Industry Corporation (Vicem) to reduce debt, will be listed on 8 January and tradable starting 22 December 2014. The additional share listing will help the company raise its total listed volume to 318m shares. (Source: Vietnam News Brief Service). |
Vicem sees significant rise in exports in first 10 months12 November 2013, Published under Cement NewsIn the first 10 months, Vietnam Cement Industry Corporation (Vicem) sales rose by 9.2 per cent YoY to 17.65Mt, including a significant rise in exports. Of the total, 15.84Mt was sold in the domestic market, while 1.8Mt was exported, up 4.8 per cent and 74.2 per cent YoY, respectively. Between January and October, Vicem’s cement and clinker output rose by 9.3 per cent and 10.4 per cent on-year to 12.39Mt and 12.46Mt, respectively. In October alone, the state-owned group sold 1.77Mt of... |
Vicem sales rise 9.5% in first nine months11 October 2013, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) reported a 9.5 per cent YoY rise in sales for the first nine months of 2013 to 15.84Mt, meeting 72.3 per cent of its full-year target. Of the total, 14.35Mt of sales were destined for the domestic market, a rise of 6.2 per cent YoY (comprising 11.61Mt of cement and 2.74Mt of clinker). Meanwhile, 1.49Mt of cement and clinker were exported, representing a strong advance of 57.8 per cent on the same period of the year before. The corporation pro... |