Cement News tagged under: Vietnam
Long Thanh Cement receives approval for capacity upgrade20 July 2018, Published under Cement NewsThe Vietnamese Ministry of Construction has approved Long Thanh Cement JSC’s plans to raise the capacity at its facility in Tan Tao, Ha Nam, from 0.91Mta to 2.3Mta. The Ministry also permitted the company to change the name of the unit to Long Thanh cement plant, according to Viet Nam News. The plant was constructed at an initial investment of VND1.3trn (US$56.52m) has a clinker capacity of 2500tpd. |
Vietnamese authorities enforce environmental control18 July 2018, Published under Cement NewsAuthorities in Quang Ngai province, Vietnam, have threatened to shut down a plant in Binh Dong Commune if its management does not improve air quality and dust emissions, according to Viet Nam News. The 0.5Mta facility began operations in 2012 and received upgrades in 2015 but is still reportedly affecting local villagers. The provincial chairman, Tran Ngoc Cang, said the province wanted to relocate 427 households living near the plant, but needed VND989bn (US$44m) for the plans. The provinc... |
Vicem reports 10% sales increase in 1H1818 July 2018, Published under Cement NewsVietnam’s Vicem has reported a 10.1 per cent YoY increase in cement and clinker sales for 1H18, with the total 14.7Mt including 11.74Mt of exports. Additionally, the company’s cement and clinker output rose 8.5 per cent and 6.4 per cent to 10.15Mt and 11.56Mt, respectively. It aims to produce a further 5.08Mt of clinker and 6.28Mt of cement in the 3Q18, up 24.7 per cent and 1.4 per cent, respectively, according to the company’s statement. Vicem has targeted over VND37trn (US$1.61bn) of... |
Former Vicem general director dismissed from executive comittees12 July 2018, Published under Cement NewsTran Viet Thang, former general director of the Vietnam Cement Industry Corporation (Vicem), has been dismissed as member of the Executive Committee of the Central Businesses’s Party Unit and member of the Executive Committee of Vicem's Party unit. Thang has been found guilty of several legal violations as well as breaking Party rules. Tran Viet Thang took control of Vicem, the country's leading cement producer, in September 2013, but the state-owned company had built up VND4trn (US$175.2m)... |
Vietnamese consumption rises 30% YoY in June05 July 2018, Published under Cement NewsVietnamese cement consumption has increased 30 per cent YoY to 8.71Mt in June, according to the Construction Materials Department of the Ministry of Construction. Approximately 6.91Mt was sold domestically (up 29 percent YoY), while 1.8Mt was exported (up 35 per cent YoY). Consumption in the country rose 25 per cent YoY in the Jan-June 2018 period, rising to 51.42Mt. Exports reached 15.42Mt in the six-month period, meeting 85.6 per cent of the target volume for the year. |
Vietnam’s cement market expands 29% in June27 June 2018, Published under Cement NewsVietnamese cement producers have sold 8.71Mt in June, up 30 per cent YoY, said the Vietnam Building Material Association. Domestic demand reached 6.91Mt, representing a 29 per cent increase when compared with June 2017, including 2.18Mt sold by Vietnam Cement Industry Corp (Vicem). Exports surged by 35 per cent YoY in June to 1.8Mt. In the 1H18 Vietnam’s total cement sales are estimated to have advanced by 25 per cent YoY to 51.42Mt, or 61 per cent of the 2018 target. Vicem sales reached... |
Vietnam's Ministry of Construction develops 2030 industry strategy; country targets 5Mt annual growth26 June 2018, Published under Cement NewsIn his keynote address at Cemtech Asia 2018, Dr Nguyen Quang Cung, President of the Vietnam National Cement Association, highlighted the road ahead for the Vietnam cement industry The government in Vietnam has initiated a comprehensive industry review in an effort to kick-start a step change in efficiency and environmental performance of the industry, as the country targets a domestic consumption growth of 5Mta. “The Vietnam government has instructed the Ministry of Construc... |
Cemtech Asia 2018 off to successful start25 June 2018, Published under Cement NewsThe Cemtech Asia conference and exhibition has opened at the Meliá Hanoi, Vietnam, with delegates from 35 nations participating in this annual meeting of cement professionals. Thomas Armstrong, managing editor of International Cement Review, inaugurated the conference by observing the importance of the Asian cement sector, where 75 per cent of the world’s cement is consumed. Mr Armstrong delivered an introduction to the 10 markets of the ASEAN region which has seen its consumption double ... |
Siam City Cement becomes regional market leader07 June 2018, Published under Cement NewsSiam City Cement (SCC) has strengthened its regional position in 2017 to become a market leader in southeast Asia. Key strategic investments in 2017 included the acquisition of plants from Cemex (Bangladesh), Holcim (Sri Lanka) and Cemex (Thailand) during 2016. More recently, It has constructed the greenfield Kampot cement plant with a 1.5Mta capacity in Cambodia in 4Q17. Moreover, according to SCC's annual 2017 report, the company has completed the acquisition of a 65 per cent stake i... |
Vietnam Ministry proposes Quang Son cement transfer to Vicem05 June 2018, Published under Cement NewsThe Vietnamese Ministry of Industry and Trade has proposed to the government to transfer the management of Quang Son cement plant from Vietnam Industrial Construction Corp (Vinaicon) to Vietnam Cement Industry Corp (Vicem), which are both government-run corporations, amid having huge losses and mounting loans, according to Viet Nam News. The loans have increased to 95 per cent of the total VND3.5trn (US$153m) of the project. Moreover, Vinaincon has no extra cash to fund the project, which... |