Cement News tagged under: Vietnam
Vietnamese cement market contracts 18% in October24 November 2023, Published under Cement NewsCement sales in Vietnam declined by 18 per cent YoY to 4,725,367t in October 2023 when compared with October 2022, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM sales fell by 18 per cent YoY to 1,481,781t while other VNCA members sold 893,586t, down 26 per cent YoY. Non-VNCA members saw sales of 2,350,000t, a decrease of 16 per cent when compared with sales in October 2022. In terms of exports, total volumes were up 26 per cent YoY to 2,661,519t in Octob... |
Vietnam’s cement market contracts 21% in 9M2323 October 2023, Published under Cement NewsCement sales in Vietnam dropped 21 per cent YoY to 4,031,951t in September 2023, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM reported sales of 1,188,851t, down 26 per cent YoY while other VNCA members saw an identical decline to 833,100t. Non-VNCA producers sold 16 per cent less with sales of 2,010,000t. Total exports increased 31 per cent YoY to 2,288,625t in September 2023. Cement exports saw a 46 per cent YoY advance to 1,394,536t while clinker expo... |
Vietnamese cement market contracts 11% in August21 September 2023, Published under Cement NewsCement sales in Vietnam declined 11 per cent YoY to 4,471,258t in August 2023 when compared with August 2022, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM reported sales of 1,375,727t, down 12 per cent YoY, while other VNCA member companies saw sales fall by 16 per cent YoY to 995,531t. Non-VNCA member sales decreased by nine per cent YoY to 2,100,000t in August 2023. Exports Total exports in August 2023 declined 17 per cent YoY to 2,706,159t. Cement ... |
Vietnam's producers struggle for profitability18 August 2023, Published under Cement NewsSoutheast Asia is becoming a difficult market for cement producers to make a profit. Surging production costs, sluggish consumption, and reduced prospects at home and abroad stifled any chance of high margins in the 1H23. Meanwhile, export markets are becoming more restricted. On top of China's reduction of imports, Australia has started to review the possibility of a cross-border adjustment mechanism (CBAM) implementation following Europe's lead to protect against carbon leakage. Domest... |
Vietnamese market contracts by 18% in July18 August 2023, Published under Cement NewsCement sales in Vietnam declined by 18 per cent to 4,655,526t in July 2023 when compared with July 2022, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM sales fell by 18 per cent to 1,437,107t while other VNCA members sold a combined 968,419t, down 24 per cent YoY. Non-members saw sales drop by 16 per cent YoY to 2,250,000t. Total exports advanced by 26 per cent YoY to 2,790,355t in July 2023. Cement exports were up 23 per cent YoY in the period with non-V... |
IKN supplies two coolers to Vietnam14 August 2023, Published under Cement NewsIKN has been working on two construction sites in Vietnam in Dai Duong and Thanh Thang where two new IKN coolers are currently being erected. Similar in size, these coolers are designed for producing 7500tpd of clinker and will be ready for commissioning end of this year. “ These new production lines will enable the customers to produce cement more efficiently and sustainably and expand their reach in the growing market,” claims IKN. |
Siam City Cement posts 1Q23 revenue of THB1188m in Vietnam26 July 2023, Published under Cement NewsThailand-based Siam City Cement Co (SCCC) has posted a revenue of THB1188m (US$34.5m) from its Siam City Cement Vietnam business in Vietnam in the first quarter of 2023. This represents a 33.6 per cent YoY drop. EBITDA of the Vietnamese operations was -THB52m in the 1Q23, compared with THB371m in the 1Q22. As a result, the EBITDA margin declined from 20.7 per cent in the 1Q22 to -4.4 in the 1Q23. However, signs of recovery have been seen, according to the company, with moderate growt... |
Cement sales in Vietnam down 22% in June24 July 2023, Published under Cement NewsCement sales in Vietnam declined 22 per cent YoY to 4.789Mt in June 2023, according to the Vietnam National Cement Association (VNCA). Of this total, 1.420Mt was sold by VICEM, which saw its sales fall by 26 per cent. Other VNCA members sold a combined 0.991Mt, down 28 per cent YoY while non-VNCA members sold 2.378Mt, down 17 per cent YoY. Total exports in June 2023 increased by 97 per cent YoY to 2.705Mt, of which 1.884Mt were cement exports, up 60 per cent YoY. Clinker exports in June 20... |
Vietnam’s emerging trends27 June 2023, Published under Cement NewsAmid challenging market conditions and higher production costs, energy efficiency and decarbonisation have emerged as key development trends in the Vietnamese cement sector. These measures are helping producers optimise operations as well as reduce energy costs and carbon emissions, all while strengthening competitiveness.By Hai Khieu, FiinGroup, Vietnam. Decarbonisation and energy efficiency are two of the key issues that face the Vietnamese cement industry as the country aims to ... |
Discussions on the Asian cement sector's decarbonisation drive27 June 2023, Published under Cement NewsDiscussions on the Asian cement industry's drive and progress towards decarbonisation are well underway at the Cemtech Asia 2023 conference and exhibition in Hanoi, Vietnam, before an international audience of over 250 cement sector professionals. Cemtech Asia 2023 opens before an international audience of 250 cement industry professionals in the vibrant city of Hanoi, Vietnam Opened in the presence of Pham Van Bac, head of Building Materials Department, Ministry of Con... |