Cement News tagged under: Vietnam
Vietnam: Can Tho Mineral and Cement opens new plant in Phu Huu16 December 2016, Published under Cement NewsCan Tho Mineral and Cement JSC (CCM) has announced that it has opened a new 0.5Mta cement plant on the Phu Huu industrial park near the border with Cambodia. The plant was built at a cost of VND180bn (US$8m). According to VietNam Finance, CCM believe that their investment is justified giving growing domestic demand for cement. According to estimates from the Vietnam's Cement Association, consumption is set to rise by 6Mt in 2016 to 60Mt. Nguyen Van Tuan, Vice Chairman of Hau Giang Prov... |
Vietnam: exports expected to fall 7% in 201609 December 2016, Published under Cement NewsAccording to the Vietnam Building Materials Association under the Ministry on Construction, Vietnam is projected to earn just US$556m this year from 15Mt of cement and clinker exports, representing a seven per cent YoY decline. In the first 11 months of this year, Vietnam exported 13.97Mt of cement and clinker, a 5.93 per cent YoY fall as a result of competition from foreign rivals such as China, India and Pakistan. High export costs also contributed to the weaker performance. Vietnam ... |
Vietnam: export volumes down 8.4% in 10M1607 December 2016, Published under Cement NewsAccording to statistics released by the General Department of Vietnam Customs, exports of clinker and cement in the first 10 months of 2016 were down 8.4 per cent on the same period a year earlier, Vinanet reports. In terms of their US dollar-dominated value, the fall was even more pronounced, being down 18.6 per cent. For the year to the end of October, Vietnamese producers exported 12.3Mt of cement and clinker with a value of US$467m. Bangladesh was the largest importer by volume, ta... |
Vietnam: Ha Long Cement dust complaints05 December 2016, Published under Cement NewsResidents of the northern Quang Ninh Province's Hoanh Bo District have complained about dust emissions, noise and smoke from the Ha Long Cement plant. Nguyen Van Ty head of Dat Do Village’s residential area said dust had been continuously discharged for 20 days. A representative from the cement plant responded to this claim, saying the plant had suffered technical errors and that the issue would be resolved soon. Nguyen Bá Thành, head of Ha Long Cement Factory's Environment Safety Unit... |
Vietnam: Song Lam first Malaysia exports02 December 2016, Published under Cement NewsVissai Group subsidiary, Song Lam 2 JSC, has sent its first batch of exports to Malaysia from its new production line at Song Lam cement plant. The second clinker production line at the plant began operation in May 2016 following a less than two-year construction period. The project to expand the plant will be completed in phases, with the first phase seeing the completion of two production lines with a total capacity of 12,000tpd (4Mta). A third line will be introduced in the second phas... |
Vietnam: three new plants intensify competition08 November 2016, Published under Cement NewsIn 2016 Vietnam's cement industry has added three new production lines, bringing the total capacity to 88Mta, significantly ahead of the country's 59-60Mt cement consumption, and representing an increase of approximately six per cent compared to 2015, reports local media. The new lines of Vissai Cement Group Co Ltd and at Long Son Cement, located next to each other in the province of Nghe An, Thanh Hoa, and the market launch of their products in the same time, caused further pressures in a... |
Vietnam 10M16 output up 15%31 October 2016, Published under Cement NewsVietnam’s cement production in the first 10 months of 2016 is estimated to be 64Mta, up 14.9 per cent YoY, according to the government-run General Statistics Office. In October, preliminary figures show a 14.1 per cent rise YoY to 7.1Mt. In the first nine months of the year, the country produced 56.9Mt of cement. Vietnam has 76 cement production lines with a total output of 81.56Mt, supported by limestone reserves that are expected to last for the next 100 years and are able to support... |
Vietnam: 2016 sales goal looks unlikely24 October 2016, Published under Cement NewsConcerns have arisen that the Vietnamese cement industry will struggle to meet its sales target of 75-77Mt this year as a result of ‘market difficulties’, as reported by Viet Nam News. The 2016 target is 3.2-6 per cent higher than 2015. To meet this target a minimum of 20Mt will need to be sold in the fourth quarter, amounting to 7Mtpm. Chairman of the Vietnam Cement Association, Nguyen Quang Cung, said meeting the target would be hard, citing the decrease in exports as a key factor. A... |
Vietnam cement exports fall 17.2% YoY in 9M1620 October 2016, Published under Cement NewsIn September Vietnam’s clinker and cement exports fell 0.3 per cent to 1.15Mt when compared with August but climbed 3.5 per cent to US$48.16m, according the Vietnamese Ministry of Industry and Trade. Vietnam exported 11.28Mt of cement and clinker in the first nine months of 2016, which represents a 6.6 per cent fall when compared with the same period the previous year. Total value of the exports was down 17.2 per cent YoY to US$429.3m. The Philippines, Bangladesh, Taiwan and Mozambique... |
Dangote Asian expansion?18 October 2016, Published under Cement NewsAccording to a Ghanaian news source, Dangote Cement is hoping to expand into the Asian market over the next decade. It is reported that the company plans to launch in southeast Asia and Latin America once it is able to consolidate its operations in Africa. Immediate targets for such an expansion are countries such as Nepal, Indonesia, Vietnam and Colombia, according to Armando Martinez Gallegos, director of Dangote’s Ibese plant in Nigeria. Mr Gallegos commented, “Dangote has to first ... |