Cement News tagged under: Vietnam

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Vissai Cement starts exclusive Vietnamese QuickFill® deal Billerud

20 September 2017, Published under Cement News

Vissai Cement Corporation, part of Vissai Group, officially launched the QuickFill ® Clean (QFC) eco-friendly cement paper bags this week at the Vissai Ninh Bình cement plant. The QFC cement sacks are produced by leading Swedish packaging company BillerudKorsnäs. "Vissai has studied and tested many types of cement sacks produced in different countries for both the domestic and export market. However, BillerudKorsnäs' product is by far the most competitive in terms of technology and cost...

Vietnam's Long Son Line 2 enters operation

08 September 2017, Published under Cement News

Long Son Co Ltd has successfully brought its second production line of its Long Son cement plant in Thanh Hoa, into production, raising the plant’s capacity to 14,000tpd (5Mta). Located in Dong Son, in the town of Bim Son, the works counts as one of the country’s largest cement works, according to Viet Nam News.

Vicem appoints new general director

06 September 2017, Published under Cement News

Vietnam Cement Industry Corporation (Vicem) has appointed Bui Hong Minh general director. Mr Minh, 46, has held the position of deputy general director since 2013. Before that, he worked at But Son and Ha Tien cement companies. He became director of Bim Son Cement Company in 2011 prior to joining Vicem.

Semen Indonesia

30 August 2017, Published under Cement News

With three factories in Indonesia, located in North Sulawesi, Java and Sumatra, and one overseas plant in Vietnam, Semen Indonesia is now looking to expand into the Philippines. According to local press reports, the company is seeking a partner to help establish a cement plant in Davao City. The news comes on the back of Semen Indonesia attending the first Manufacturing Product Exhibition to be held in the Philippines. The event, which took place last month, was designed to ignite new tradin...

Vietnam seeks UNDP cement GHG reduction assistance

18 August 2017, Published under Cement News

Vietnam’s Ministry of Construction has requested assistance from the United Nations Development Program (UNDP) in formulating and implementing proposals for greenhouse gas (GHG) emission projects in the cement industry. The reduction of GHG in the cement industry play a key role in the country achieving the emission reduction targets laid out in the nationally determined contribution of Vietnam and are a step in achieving the Paris Agreement’s climate change goals. Supported by the No...

Vietnam considers cutting export tariff to aid cement oversupply

07 August 2017, Published under Cement News

Vietnam’s Ministry of Planning and Investment (MPI) has proposed the export tariff be reduced to aid cement exports from the country. Domestic cement manufacturers have been struggling to export cement to ease the domestic oversupply. However, with the changes in tax policies, the clinker export cost has increased to US$4.5/t and the cement export cost US$7.5/t. This puts Vietnamese cement producers at a competitive disadvantage with rivals from China, Thailand, Indonesia and Japan, industr...

Pacific Cement to import cement from Vietnam

03 August 2017, Published under Cement News

Pacific Cement Ltd (PCL) is to import 25,000t of cement from Vietnam to address shortages on the island of Fiji. Market demand continues to be higher than the output of Fiji’s two cement producers, PCL and Tengy Cement Ltd. PCL director, Nouzab Fareed, told the Fiji Sun Online that the imports are expected to arrive later this month. “The cost of import is almost the same as our selling price, so we might not get any profit out of this exercise, but we want to make sure that the markets ...

Vietnam's Ministry of planning calls for export tax cut

28 July 2017, Published under Cement News

Vietnam's Ministry of Planning and Investment has proposed export tax cuts on cement, while local producers struggle with high stockpiles, claims Viet Nam news. In a recent report submitted to the government, the ministry said that the export tax rate of five per cent on cement was too high. The ministry estimated that no deduction on input VAT, coupled with five per cent export tax rate, pushed up prices of cement and clinker by US$7.50 and US$4.50/t, respectively. The ministry propos...

Vietnam government urged to reduce export duty

21 July 2017, Published under Cement News

Vietnam’s Ministry of Planning and Investment has proposed the government to reduce export duty on cement to help domestic cement producers to promote exports. According to the government’s Decree No 100/2016/ND-CP, exported cement products are not eligible to enjoy input value-added tax (VAT). Furthermore, the product is subject to a five per cent export tax, which has lifted export costs to US$4.50/t clinker and US$7.50/t of cement (based on average FOB prices of US$30 and US$50, ...

Vietnam struggles with over-capacity

12 July 2017, Published under Cement News

As domestic output continues to outstrip local demand, Vietnam is facing a 26Mt cement glut in 2017, according to the Vietnam Cement Association (VNCA). Production from domestic cement plants is expected to reach 86Mt while the market is forecast to off-take 60Mt. Meanwhile, exporting the surplus is becoming increasingly more difficult as the imposition of five per cent export duty has prevented local cement firms from promoting exports of their clinker and cement. The VNCA earlier...