Cement News tagged under: Vietnam
Long Son plant to enter second phase of expansion06 December 2018, Published under Cement NewsThe Vietnamese Prime Minister has issued guidelines on investment for the expansion of Long Son cement plant, Thanh Hoa, and has agreed to action the second phase with two additional production lines. Each line will add 2.3Mta of cement capacity and is expected to supply the construction of coastal and inland projects, in accordance with the country’s cement development plan for 2011-20. Line 3 is expected to enter operation in 2020, with Line 4 following in 2021. Vietnam’s Ministry of Co... |
Vietnam Jan-Nov output up 9% YoY03 December 2018, Published under Cement NewsVietnam is estimated to have produced 81.9Mt of cement in the first 11 months of 2018, representing a rise of 9.3 per cent YoY, according to the country’s General Statistics Office. Cement output in November increased 8.9 per cent YoY to 8.2Mt and saw a 3.8 per cent advance MoM from 7.9Mt in October. |
Vietnam surpasses annual sales targets05 November 2018, Published under Cement NewsThe Vietnamese cement industry has surpassed its annual sales target of 83-85Mt in the first 10-months of 2018, on the back of high demand in global markets. The country's industry recorded a 51 per cent YoY increase in sales to 85.23Mt in the 10M18, according to the Ministry of Construction. Exports reached 26.05Mt, rising 65 per cent compared to the year-ago period. Mainland China has become the largest importer of cement and clinker from Vietnam with 6.56Mt at US$235m in the first three ... |
Vietnam market expands 23% YoY in September25 October 2018, Published under Cement NewsDomestic cement sales in September rose 23 per cent YoY in September 2018 to 5.313Mt, according to data published by the Vietnam National Cement Association (VNCA). MoM a decrease of two per cent was reported. Of this total, VICEM supplied 1.801Mt as a stand-alone company and an additional 1.532Mt with joint-venture companies. Other cement producers supplied 1.98Mt. Total output from the country’s cement facilities reached 6.209Mt in September, bringing the year-to-date total to 47.534Mt. ... |
Northern province of Vietnam will not plan more cement plants23 October 2018, Published under Cement NewsVietnam’s northern province of Quang Ninh will not add more cement or thermal power plants to provincial planning due to concerns about their negative impacts on the environment, according to Nguyen Van Doc, secretary of the provincial Party Committee and chairman of People's Council. The authority had already removed thermal power projects from planning in the Quang Yen and Dam Ha districts of the province. Quang Ninh already has ten large-scale cement and thermal power plants, according t... |
Vietnam’s modernising cement industry09 October 2018, Published under Cement NewsVietnam’s cement demand will grow robustly over the coming five-year period, with annual demand expected to exceed 80Mta by 2023, according to the Vietnam Country Report 2023, published today by ICR Research. The transformation of Vietnam’s economic fortunes over the last 25 years has been one of the great success stories of southeast Asian development. Nowhere is this more apparent than in its built environment. Since 1990 cement demand has risen from just 3Mt to its level of 61Mt in 20... |
Vietnamese exports expected to rise 43% in September27 September 2018, Published under Cement NewsThe Vietnamese Ministry of Construction (MoC) has estimated that the country’s cement exports will rise 43 per cent YoY to 2.2Mt in September. The country’s exports from Jan-Sept 2018 are estimated to have reached 23.28Mt, already surpassing the full-year target set by the MoC of 18-19Mt. The country’s cement producers have recorded a cement sales volume of 72.82Mt for the year-to-date period, an increase of 38 per cent YoY, reaching 85 per cent of the full-year target. Domestic consumptio... |
La Hien Cement records 20% revenue increase26 September 2018, Published under Cement NewsVietnam’s La Hien Cement JSC has announced a 20 per cent YoY increase in revenue to VND334.1bn (US$14.31m) for the first half of 2018. Furthermore, profit-after-tax surged 17 per cent to VND13.7bn in the 1H18. Meanwhile, financial expenses fell 52.5 per cent to VND5.9bn from VND9bn recorded in the year-ago period. |
Vietnam cement demand up 14% YoY in August25 September 2018, Published under Cement NewsVietnamese cement demand rose 14 per cent YoY to 5.44Mt in August 2018, according to the Vietnam National Cement Association (VNCA). Of this total, northern provinces accounted for 39.2 per cent or 2.13Mt of total domestic consumption while off-take in central Vietnam reached 1.42Mt or 26.2 per cent. In the south deliveries reached 1.88Mt or 34.6 per cent of the country’s demand. Total production reached 8.43Mt, representing an increase of 37 per cent when compared with August 2017. In a... |
Tan Thang Cement awards ABB with automation contract18 September 2018, Published under Cement NewsSwitzerland-based ABB has recently won an order to supply additional integrated digital automation and electrical equipment for Tan Thang Cement JSC’s greenfield plant project in Nghe An, Vietnam. This is a follow-up order from the initial delivery of the same from the company, which is currently under construction. The new order includes a 110kV AIS substation with a supervisory control and data acquisition (SCADA) system, telecommunications, and high-voltage primary and secondary equipme... |