Cement News tagged under: Vietnam
Vietnam's cement sales set to rise 2% in 1Q2123 March 2021, Published under Cement NewsVietnam is expected to sell 8.87Mt of cement in March, up 1.5 per cent YoY, according to the latest data from the Department of Building Materials under the Ministry of Construction. The figure includes 5.02Mt of cement sold in the domestic market. State-owned VICEM is also expected to sell 1.83Mt in the domestic market and 3.85Mt of exports during the March period. As a result, Vietnam’s cement sales are estimated to have increased 1.5 per cent YoY to 22.31Mt in the first quarter of 2... |
Vietnamese cement market expands 77% in January05 March 2021, Published under Cement NewsCement deliveries in Vietnam surged 77 per cent YoY to 5.079Mt in January 2021. However, MoM they fell by 16 per cent, reports the Vietnam National Cement Association (VNCA). Of this total, VICEM saw a 91 per cent YoY rise in domestic sales to 1.729Mt (-17 per cent MoM) while its affiliates posted a 65 per cent increase YoY to 1.25Mt (-16 per cent MoM). Other cement producers noted a 74 per cent YoY improvement in sales to 2.1Mt but a 15 per cent decline MoM. The country exported a total o... |
Vietnam sees cement and clinker exports rise 16%03 March 2021, Published under Cement NewsVietnam exported 2.7Mt of cement and clinker worth US$98m in February, up 16.8 per cent and 4.8 per cent YoY, respectively, according to the country’s General Statistics Office (GSO). In the first two months of this year, the country exported 5.84Mt of cement and clinker (up 15.9 per cent) representing a value of US$214m (up 6.6 per cent). |
Vietnam sees production up 14% in first two months01 March 2021, Published under Cement NewsVietnam 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 sustainability09 February 2021, Published under Cement NewsVietnam’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 profit28 January 2021, Published under Cement NewsVietnam’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 202020 January 2021, Published under Cement NewsVietnam 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 lining11 January 2021, Published under Cement NewsA 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 202011 January 2021, Published under Cement NewsVietnam’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 November29 December 2020, Published under Cement NewsVietnam’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... |