Cement News tagged under: Vietnam

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Vietnam sales eight-month update

07 September 2015, Published under Cement News

Vietnam 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...

Vietnam output rises 10.3% in first eight months

01 September 2015, Published under Cement News

Vietnam produced 43.1Mt of cement in the first eight months of this year, up 10.3 per cent from a year ago, including 5.9Mt in August, up 16.9 per cent, the government-run General Statistics Office said. In the first seven months, the country’s cement production hit 37.2Mt, according to the revised figure. Cement and clinker sales are expected to rise 1.5-4 per cent YoY to between 72-74Mt this year, of which domestic sales will rise 4.5-6.5 per cent to 53-54Mt, while the exports will be 19...

Hoang Phat Vissai Group completes Song Lam 2 project, Vietnam

26 August 2015, Published under Cement News

Hoang Phat Vissai Group (The Vissai) on Tuesday hosted an opening ceremony to mark the launch  for its Song Lam 2 cement plant in Vietnam's central province of Nghe An. With the operation of Song Lam 2 cement plant, The Vissai will supply an additional volume of 600,000t of PCB30 cement to the central region, the Cong Thuong online newspaper reported Tuesday. The Song Lam 2 cement plant, formerly known as PetroVietnam Cement 12/9 JSC, is situated in Anh Son district, Nghe An province. Con...

VCM gets grinding project green light, Vietnam

25 August 2015, Published under Cement News

Vietnam’s central province of Binh Dinh has granted approval to the Vietnam Construction Material Company (VCM) to establish a new grinding plant in the region. VCM can survey areas at industrial parks in the province for the 1Mta grinding plant, the Ministry of Construction said on its website on 21 August. The new project is expected to an involve an investment of VND600bn (US$26.9m), VCM said. (Source: Vietnam News Brief Service).

Vietnam monthly sales up by a quarter

17 August 2015, Published under Cement News

Vietnam cement and clinker sales reached 6.5Mt in July, up 25 per cent YoY, the country's Association for Building Materials under the Ministry of Construction (MoC) announced. Of the total volume, 5.15Mt were sold at the domestic market, up 22 per cent YoY, while 1.35Mt (+37 per cent YoY). In the first seven months, Vietnam’s cement and clinker sales rose 10 per cent YoY to 40.98Mt, fulfilling 57 per cent of the year’s target, including 9.77Mt (+13 per cent YoY). The growth of cemen...

Vietnam: Thang Cement project wins funding

14 August 2015, Published under Cement News

JSC Bank for Investment and Development of Vietnam (BIDV) and North Asia Commercial Joint Stock Bank (Bac A Bank) will lend a combined VND3.15trn (US$143.5m) to construction a new cement plant in the central province of Nghe An. Tan Thang cement plant, in Qunh Luu district, is a project with a total investment of VND4.54trn. It will have a capacity of 5000tpd of clinker or 1.98Mta of cement. BIDV and Bac A Bank signed on 13 August credit agreements with Tan Thang Cement JSC, under whi...

Footwear waste to be used as alternative fuel for Vietnam kiln

07 August 2015, Published under Cement News

Work is underway to commission a Solid Recovered Fuel (SRF) manufacturing plant for Holcim Vietnam to process solid footwear production waste from the country’s main shoe factory. The system, supplied by Austria-based UNTHA comprises an anti-explosive Atex-specification XR3000 Cutter waste shredder with two 113kW motors, conveyor, over-band magnet, control room and water-powered fire suppression technology. It is capable of processing up to 10tph of material to produce an 80mm fuel with hig...

Vietnam Yen Binh Cement posts VND278bn revenue in 1H15

28 July 2015, Published under Cement News

Yen Binh Cement JSC reported revenues of VND278bn (US$12.74m) in the first half of this year, thanks to its expanding markets. In the period, the firm sold 308,000t of cement and exported 480,000t of clinker, fulfilling 40 per cent of the whole-year target. The firm also contributed VND16bn to state budget in the six-month period. The firm produced 400,000t of cement in the six-month period, meeting demand in Yen Bai province and neighbouring provinces of Ha Giang, Tuyen Quang and Lai Ch...

Vicem half-year sales dip 0.5%, Vietnam

22 July 2015, Published under Cement News

Vietnam Cement Industry Corporation (Vicem), the country’s leading state-owned cement producer, said its cement and clinker sales slipped 0.5 per cent to 10.73Mt in the first half of 2015. Of the volume, 9.58Mt were sold in the domestic market (+7.1 per cent YoY) while 1.15Mt were exported (-37.7 per cent). In the first half of this year, Vicem produced 8.36Mt of clinker and 9.2Mt of cement, rising five per cent and 6.1 per cent YoY, respectively. As of June 30, Vicem had 1.75Mt of ce...

Vietnam: Song Lam project 'facing financial difficulties'

21 July 2015, Published under Cement News

The Vissai Cement Group, which is building the 12,000tpd Song Lam Cement Plant, has announced that ground clearance has already reached about VND240bn (US$11m). As a result, the group has reported 'facing financial difficulties' and is also struggling with the costs of clearing the path for a road between the plant site and an existing grinding facility. The project involves two production lines, each with a clinker capacity of 6000tpd.  It was originally expected that the plant would pro...