Cement News tagged under: Vietnam

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Vietnam sees production up 14% in first two months

01 March 2021, Published under Cement News

Vietnam produced 15.5Mt of cement in the first two months of 2020, up 14 per cent YoY, according to the country’s General Statistics Office (GSO). In February the country’s cement output is expected to be down six per cent YoY to 6.8Mt. In 2020 production reached 100.1Mt of cement, rising 3.6 per cent YoY, according to the revised figures.

VICEM’s shift to sustainability

09 February 2021, Published under Cement News

Vietnam’s cement industry has expanded significantly over the years, leading to considerable overcapacity – a particularly challenging issue given the COVID-19 pandemic which resulted in sales falling. In response, market leader VICEM has shifted its focus to building a more sustainable production base and supplying ‘greener’ products. VICEM’s focus has shifted from expanding production capacity to building a more sustainable production base Owned by the Vietnamese state, the or...

Ha Tien Cement sees 29% decline in net profit

28 January 2021, Published under Cement News

Vietnam’s Ha Tien Cement has reported a 28.6 per cent YoY fall in net profit to VND153.97bn (US$6.64m) in the final quarter of 2020. Net revenue also declined 3.2 per cent to VND2.21trn. The company saw a consolidated net profit of VND615.49bn on a net revenue of VND7.96trn in 2020, down 16.9 per cent and 9.9 per cent YoY, respectively.

Vietnam sees exports rise 14% in 2020

20 January 2021, Published under Cement News

Vietnam exported over 3.6Mt of cement and clinker worth US$135m in December 2020, up 15.3 per cent MoM in volume and 10.8 per cent YoY in value, according to the General Department of Customs. During the full year, the country earned US$1.43bn from exporting 38.4Mt of such products, up 3.2 per cent and 13.7 per cent YoY, respectively. China was the biggest importer of Vietnamese cement and clinker in 2020, importing 22.2Mt worth US$759.4m, accounting for 57 per cent of the total export...

Tripling the lifetime of lining

11 January 2021, Published under Cement News

A Vietnamese cement plant has more than tripled the lifetime of the refractory lining in its cooler bull nose by using a precast modular lining from HASLE Refractories. Abrasion and alkali attacks have been reduced significantly, while the solution is also extremely resistant to coating. By HASLE Refractories A/S, Denmark. Figure 1: completed installation of HASLE precast Modular Lining in the cooler bull nose at a cement plant in Vietnam A 5000tpd cement plant in Vietnam, runni...

Vietnam's cement and clinker sales rise 2% in 2020

11 January 2021, Published under Cement News

Vietnam’s total sales of cement and clinker has been estimated at 101.5Mt for 2020, representing a rise of 1.5 per cent over 2019. According to a report by SSI Research, domestic cement demand is forecast to increase around 5-7 per cent this year compared to 2020. The increase in domestic sales is expected due to infrastructure investment, foreign direct investment into the country and the recovery of the real estate market. Elsewhere, Vietnam Cement Corp (VICEM) has also outlined its ...

Vietnam cement sales rise by 6% in November

29 December 2020, Published under Cement News

Vietnam’s cement sales reached 8.96Mt in November, down two per cent MoM, but up six per cent YoY, according to statistics released by the Vietnam Cement Association (VNCA).   This total included 5.82Mt sold in the domestic market, up 19 per cent MoM and seven per cent YoY. Over the 11 months from January to November 2020, Vietnam producers sold 90.5Mt, up just one per cent YoY. In the first 11 months of this year, 56.1Mt of cement were sold in the domestic market, down five per cent YoY, t...

Vietnamese market sees 11% drop in October

24 December 2020, Published under Cement News

Cement demand in Vietnam fell by 11 per cent YoY to 4,899,301t in October 2020. However, when compared with September 2020, a two per cent uptick was reported by the VNCA, the country’s cement association. VICEM sales slipped by three per cent YoY but were up seven per cent MoM to 1,702,134t in October 2020, while joint ventures saw sales drop by 24 per cent YoY and 10 per cent MoM to 1,157,167t. Other companies reported an eight percent YoY decrease but a MoM five per cent increase to 2,0...

Vietnam produces 90.3Mt of cement in 11M20

01 December 2020, Published under Cement News

Vietnam is estimated to have produced 90.3Mt of cement in the first 11 months of 2020, up 3.4 per cent YoY, according to data from the country’s General Statistics Office. In November, cement output is projected to have risen 4.6 per cent YoY to 9.1Mt. The country exported 3.5Mt of cement and clinker worth US$140m in November, down 3.3 per cent YoY in volume and 3.1 per cent in value. In the first 11 months of 2020, Vietnam earned US$1.32bn from exporting 35.18Mt of cement and clink...

Long Son Cement to commission third line in December

11 November 2020, Published under Cement News

The third production line of Vietnam’s Long Son Cement, based in the central province of Thanh Hoa, is expected to be put into operation in December 2020, with a design capacity of 2.5Mta, according to Vietnam News. The construction of the line began in October 2019 and represents an investment of VND4trn (US$172.41m). Upon completion, the capacity of Long Son will reach 7Mta.