Cement News tagged under: Vietnam
Vietnam northern province to divest state stakes in Lang Son Cement27 November 2015, Published under Cement NewsThe People’s Committee of Vietnam’s northern province of Lang Son plans to sell state stakes in Lang Son Cement JSC (LCC) at a put-through price is set at VND1380 ($0.06) each plus a margin of 15 per cent, the Dau Tu newspaper reported. LCC has a registered capital of VND58.39bn, of which the committee holds a 43.55 per cent stake, according to CaFef.vn newswire reported. |
Vietnam: MoC forecasts 2016 sales rise of 4-7%26 November 2015, Published under Cement NewsVietnam's sales of cement and clinker are predicted to rise 4-7 per cent YoY in 2016 to between 75-77Mt, according to forecasts by the country's Ministry of Construction (MoC). Of the total sales, domestic shipments are expected to account for 59-60Mt and exports 16-17Mt, the Xay Dung online newspaper cited the ministry as saying Wednesday. In the first 10 months of this year, dispatches totalled 58.6Mt, meeting 80 per cent of the full-year target. Domestic shipments amounted to 45.51M... |
Vietnam 10-month sales edge ahead03 November 2015, Published under Cement NewsVietnam sold 58.66Mt of cement and clinker in the first 10 months of this year, rising one per cent from a year earlier and fulfilling 80 per cent of the whole-year target, the Building Material Department under the Ministry of Construction said. The total comprised 45.51Mt of domestic sales (+9 per cent YoY), the Xay Dung online newspaper cited the department as saying. In October, the country’s cement sales rose 15 per cent MoM to 6.37Mt, including 5.07Mt of domestic sales, up 14 per ... |
Vietnam output reaches 54.8Mt in first 10 months02 November 2015, Published under Cement NewsVietnam is estimated to have produced 54.8Mt of cement in the first 10 months of this year, up 10.4 per cent from a year ago, the government-run General Statistics Office said. The figures include an output of 6.1Mt in October, an increase 10.8 per cent. In the first nine months, the country’s cement production hit 48.7Mt, according to the revised figure. Vietnam currently has 76 cement production lines with a combined annual output of 81.56Mt, data from the Ministry of Construction said.... |
Vietnam: Thanh Thang Cement Corp signs credit agreement for new second line23 October 2015, Published under Cement NewsBank for Investment and Development of Vietnam (BIDV) on Wednesday signed a credit contract with Thanh Thang Cement Corp to develop a second line at the Vietnamese cement producer's plant in the northern province of Ha Nam. Under the agreement, BIDV will lend VND3.5trn (US$155.56m) to the project which requires a total investment of VND4.8trn, the Thoi Bao Kinh Te Vietnam newspaper reported Thursday. The project covers 56.8ha in Thanh Nghi commune, Thanh Liem district, and has a clinker ca... |
Vicem nine-month sales reach 16.32Mt21 October 2015, Published under Cement NewsVietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, sold 16.32Mt of cement and clinker in the first nine months of this year, up 1.5 per cent from a year earlier. Of the volume, 14.87Mt of cement and clinker were sold in domestic market, up 8.6 per cent YoY while 1.44Mt were exported, down 39.4 per cent, the corporation said on its website. In the third quarter, Vicem sold 5.61Mt of clinker and cement, up 6.2 per cent YoY, of which 5.27Mt of cement and clink... |
Ho Chi Minh City rejects Ha Tien grinding plans15 October 2015, Published under Cement NewsThe Ho Chi Minh City government has rejected Ha Tien 1 Cement JS's plans to relocate its Thu Duc cement grinding plant to District 9 and scale up the capacity of its Phu Huu grinding unit. A document sent to Ho Chi Minh City Department of Natural Resources and Environment and related agencies last week, Ho Chi Minh City Vice Chairman Tat Thanh Cang confirmed the decision. The Thu Duc cement grinding plant is located by Ha Noi Highway in Truong Tho Commune in Thu Duc District. The faciliti... |
Vicem Hoang Mai Cement plans new plant, Vietnam12 October 2015, Published under Cement NewsVicem Hoang Mai Cement JSC has announced plans to build a cement factory at an estimated cost of VND10.8trn (US$480m) in the central Vietnam province of Nghe An. The Hoang Mai Cement 2 factory will be constructed in the 2016-20 period in two phases, providing more than 2Mta of cement after the completion of each phase. The plant will serve the central region as well as export markets. |
Vietnam may fall short of full-year export target09 October 2015, Published under Cement NewsVietnam’s cement sector is unlikely to fulfill this year’s export target of over 20Mt of cement and clinker, the Vietnam National Cement Association (VNCA) said. Cement and clinker producers in the country will likely export between 15-16Mt by year end, versus 20.5Mt in 2014, the Xay Dung online newspaper cited the association as saying Wednesday. In the first nine months of this year, the sector exported nearly 12Mt of cement and clinker worth US$520m, down 26 and 27 per cent in volume an... |
Vietnam sales eight-month update07 September 2015, Published under Cement NewsVietnam sold 46.92Mt of cement and clinker in the first eight months of this year, rising 10 per cent from a year earlier and fulfilling 65 per cent of the annual target, according to the country's Building Material Department of the Ministry of Construction. Of the total volume, 36.02Mt of cement were sold in the domestic market, up nine per cent YoY, while 10.9Mt were exported, rising 17 per cent YoY. In August Vietnam’s cement and clinker sales were down four per cent from July but u... |