Cement News tagged under: Vietnam

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Vietnam cement sales advance 11% in March

25 April 2019, Published under Cement News

Domestic sales in Vietnam increased 19 per cent YoY and 147 per cent MoM to 6.797Mt in March 2019, according to the latest data from the Vietnam National Cement Association (VNCA). VICEM sales were up 120 per cent YoY to 2.338Mt and sales by its affiliated companies saw a 17 per cent rise to 1.949Mt. Other companies added a further volume of 2.51Mt (+20 per cent YoY) to total domestic sales. Cement and clinker exports from Vietnam slipped two per cent to 3.425Mt in March 2019 when compared ...

Vietnamese cement sales expected to rise 8% in Jan-Apr 2019

23 April 2019, Published under Cement News

In the first four months of 2019, Vietnamese cement sales have been estimated to rise eight per cent YoY to 35.45Mt, according to the Vietnam Building Materials Association. This includes 21.65Mt sold domestically and a 23 per cent YoY rise in exports to 13.8Mt. Cement sales are expected to reach 9.18Mt in April, which is consistent with the previous year. Domestic sales and exports are forecast to reach 6.48Mt and 2.7Mt, respectively. Meanwhile, the price of cement during the Jan-April ...

Vicem reacts to electricity price increase by upping cement prices

03 April 2019, Published under Cement News

Cement prices are on the up in Vietnam following the 8.4 per cent hike in electricity prices from 20 March. Vietnam Cement Industry Corporation (Vicem) has reacted by raising its cement price by VND30,000/t (US$11.29/t). Don Tien Trinh, Vicem But Son's general director, said the price of coal has also risen by between 2.3 and 5.8 per cent depending on the type of coal. Cong Thanh Cement JSC in the central region has not raised retail prices but has charged distributors an additional VND30,...

Xuan Thanh Cement orders new line from FLSmidth

29 March 2019, Published under Cement News

Xuan Thanh Cement has awarded FLSmidth with a DKK550m (US$82.6m) contract for a new brownfield production line at its facility in Ha Nam province, Vietnam. FLSmidth will design and engineer the new clinker production line and deliver equipment for the entire process from crushing to clinker silo. The order is due to be completed by the end of 2020, and once operational the production line will have a capacity of 12,500tpd. In 2015, Xuan Thanh Cement placed a similar order for a product...

Vietnam cement producers see 8% rise in February output

28 March 2019, Published under Cement News

Cement production in Vietnam in February 2019 reached 5.093Mt in February, up eight per cent when compared with February 2018 but down 29.7 per cent from 7.247Mt in January 2019, according the Vietnam National Cement Association (VNCA). Of this total, domestic deliveries by Vietnamese cement producers reached 2.751Mt, including 0.934Mt supplied by VICEM, an additional 0.657Mt by its associated companies and 1.16Mt by other Vietnamese producers. Total exports increased six per cent YoY to...

Vietnamese cement sales increase 4% in 1Q19

27 March 2019, Published under Cement News

Vietnamese cement sales are estimated to have reached 23.08Mt in the 1Q19, an increase of four per cent YoY, according to the latest data released by the Vietnam Building Materials Association. This includes 14.5Mt sold in the domestic market and 8.58Mt of exports. In March alone the country is expected to record a 3.5 per cent YoY increase in sales to 9.45Mt of cement. Around 3.4Mt of this was exported, down two per cent YoY. Meanwhile, 2.7Mt of the total was sold by VICEM. According to ...

Higher electricity costs to impact Vietnamese cement prices

26 March 2019, Published under Cement News

Vietnam Cement Industry Corp (VICEM) has announced that its electricity costs will increase by VND20bn (US$855,730) per month, and therefore product prices are also expected to rise. Local producers have stated that they will raise prices by VND30,000-50,000/t. On 20 March power prices went up by 8.4 per cent to VND1864, exclusive of VAT, after remaining unchanged for two years. A household which uses 520kWh a month will now pay an extra VND83,000, according to Vietnam News. Vietnam Elect...

Vietnamese exports rise 15% in February

12 March 2019, Published under Cement News

Vietnamese exports have risen 15.2 per cent in volume and 36.3 per cent in value for February 2019, rising to around 2.5Mt and US$105m, respectively. The average export price has increased 18.3 per cent YoY to US$42/t, according to the country’s Foreign Trade Agency. The three main export markets for Vietnamese cement were the Philippines, China and Bangladesh at 2.1Mt in February, accounting for more than 75 per cent of total exports. In the first two months of the year, exports were up 7....

Vietnam expected to record 8-9% cement sales increase

25 February 2019, Published under Cement News

Vietnam is expected to record an 8-9 per cent YoY rise in cement sales to 98-99Mt in 2019, according to a forecast by the country’s Ministry of Construction. Of this, domestic sales would consist of 70Mt while the additional 29-30Mt would be exports. Two more production lines are also expected to push cement output to 101.74Mt from a total of 84 lines. The country produced 90.2Mt of cement in 2018.

Vietnam estimated to produce 7.8Mt in January

01 February 2019, Published under Cement News

Vietnam’s General Statistics Office has estimated that the country produced 7.8Mt of cement in January 2019. This figure represents a 5.9 per cent YoY increase, but is down 1.6 per cent MoM. Revised figures for 2018 show that the country produced 90.2Mt in the full-year period, up 9.7 per cent YoY.