Cement News tagged under: Vietnam
Vietnam to add 7.1Mta of cement capacity in 202031 January 2020, Published under Cement NewsTwo new cement plants in Vietnam will go into operation this year, according to Nguyen Quang Cung, president of the Vietnam Cement Association. The first is in Tan Thang commune, the central province of Nghe An, with a capacity of 2-2.5Mta, while a second new plant is being built in Bim Son commune, Thanh Hoa province, with a capacity of 4.6Mta. Vietnam’s Ministry of Construction forecast that cement sales would increase by around five per cent to reach 103Mt in 2020, around 70Mt of which w... |
Vietnam exports 34Mt of cement and clinker in 201901 January 2020, Published under Cement NewsVietnam is estimated to have exported 34Mt of cement and clinker, worth US$1.39bn, in 2019, reflecting a 6.25 per cent YoY increase in volume and 11.2 per cent YoY rise in value, according to the Department of Import-Export, under the Ministry of Industry and Trade. The exports have surpassed the Ministry of Construction (MoC)’s estimated figure at the beginning of 2019 by US$100m-US$150m, according to a report in the local newswire Dau Tu (Investment). In 2019, Vietnam is estimated to have ... |
Vietnamese cement demand declines 4% in November24 December 2019, Published under Cement NewsCement demand in Vietnam fell by four per cent YoY to 5.437Mt in November 2019, according to data published by the Vietnam National Cement Association (VNCA). When compared with 5.48Mt reported for October 2019, the decline was one per cent. While VICEM saw its deliveries contract by seven per cent YoY to 1.823Mt, for its joint-venture companies the drop was 10 per cent as they supplied 1.453Mt in November 2019. When compared with October, VICEM sales were up four per cent from 1.752Mt an... |
Tan Thang plant set to begin operations in 202019 December 2019, Published under Cement NewsVietnam’s Tan Thang cement plant is expected to be put into operation in the central province of Nghe An next year, according to Vietnam News. The project represents a total investment of VND4.9trn (US$211.21m). The plant has been equipped with imported production lines from EU and G7 countries, and is expected to be able to produce 2Mta of cement upon commissioning. While no new cement plants have been made operational in the country this year, two more production lines are set to beg... |
Vietnamese exports rise 3% in the 10M1911 December 2019, Published under Cement NewsVietnam exported 3.58Mt of cement in October at a value of US$141.62m, representing an increase of 24.9 per cent and 17 per cent YoY, respectively, according to the General Department of Vietnam Customs. During the month, the average price of exports decreased 0.7 per cent MoM and 6.3 per cent YoY to US$39.6/t. In the first 10 months of 2019, the country exported 26.9Mt of cement worth US$1.12bn, up 2.6 per cent YoY in volume and 10.5 per cent in value. Average prices also increased 7.7 p... |
Vietnamese cement output up 10% in November02 December 2019, Published under Cement NewsCement production in Vietnam has increased 9.6 per cent to 8.7Mt in November 2019, according to the country’s General Statistics Office. In the first 11 months of this year, output is likely to have advanced by 7.6 per cent to 87.9Mt. In 2018 the country’s cement industry produced 90.2Mt of cement, up 9.1 per cent YoY. |
Vietnamese cement sales rise 2% in September04 November 2019, Published under Cement NewsTotal Vietnamese cement sales reached 8.196Mt in September 2019, up two per cent YoY and one per cent MoM, according to the latest data by the Vietnam Cement Association (VNCA). Of this total, 5.537Mt was sold on the domestic market, a YoY improvement of four per cent (+7 per cent MoM), while 2.659Mt was exported. Exports saw a four per cent YoY and nine per cent MoM decline. VICEM sales in September 2019 increased by two per cent YoY and 13 per cent MoM to 1.836Mt. However, its joint vent... |
Ocean plastic: an opportunity in the circular economy?15 October 2019, Published under Cement NewsInitiatives are under way to address the global issue of plastics litter in the oceans. Norway’s SINTEF highlights the use of co-processing in the Ocean Plastic Turned into an Opportunity in Circular Economy project. By Dr Kåre Helge Karstensen, Palash Kumar Saha, Eirik Vigerust, Anneli Alatalo Paulsen, Dr Christian John Engelsen and Dr Mehdi Ahmadi, Foundation for Scientific and Industrial Research (SINTEF), Norway. Mining of plastic wastes at a dumpsite in Thailand. Image credit: Kå... |
Vietnam cement sales edge down 4% in August02 October 2019, Published under Cement NewsTotal cement sales by Vietnamese producers slipped four per cent to 8.091Mt in August 2019 when compared with the year-ago period, according to data by the Vietnam National Cement Association (VNCA). Compared with the previous month’s sales of 8.087Mt, they remained largely stable. Of this total, domestic sales totalled 5.175Mt, down five per cent YoY. VICEM saw sales decline by seven per cent to 1.628Mt while its joint-venture companies reported an erosion of 14 per cent to 1.397Mt. The... |
Vietnam HCMC proposes addressing illegal cement capacity expansion02 October 2019, Published under Cement NewsThe People’s Committee of Ho Chi Minh City has asked the Ministry of Construction to handle some cement producers in the city due to their illegal capacity expansion, which was detected by the ministry’s inspection team earlier, according to Viêt Nam News. A branch of Thang Long Cement JSC was allowed to produce 1.25Mta, but the unit has increased its total capacity to 1.4Mta since 2011. A branch of Chinfon Cement Co received a licence to produce 0.5Mta. However, since 2017output has be... |