Cement News tagged under: Vietnam
Bangladesh, Indonesia and Taiwan remain Vietnam's top importers12 May 2015, Published under Cement NewsBangladesh, Indonesia and Taiwan remained among the largest importers of Vietnamese clinker and cement in the first quarter of this year, according to the Vietnamese Ministry of Industry and Trade. Bangladesh accounted for the largest amount with 1.83Mt of cement worth US$70.13m, followed by Indonesia with 828,317t worth US$37.1m and Taiwan ranked third with 272,396t worth US$11.71m. Next in line was the Philippines with 239,900t worth US$9.46m, and Laos with 115,701t worth US$9.28m. ... |
Vietnam Jan-April output climbs 5.3% YoY06 May 2015, Published under Cement NewsVietnam produced 19.9Mt of cement in the first four months of this year, up 5.3 per cent from a year ago, including 5.9Mt in April, the government-run General Statistics Office said. In the first quarter, Vietnam generated 14Mt of cement, compared to the earlier estimated figure of 14.3Mt. The Ministry of Construction predicted Vietnam's sales of cement and clinker to rise 1.5-4 per cent YoY to between 72-74Mt in 2015, of which domestic sales will rise 4.5-6.5 per cent to 53-54Mt, while th... |
Semen Indonesia29 April 2015, Published under Cement NewsDespite Semen Gresik and Semen Padang both posting a fall in sales volumes in 1Q15, PT Semen Indonesia is pushing ahead with its expansion plans. Semen Gresik saw sales drop by 0.6 per cent to 3.27Mt, compared to 3.29Mt in 1Q14, while Semen Padang registered a 1.8 per cent contraction to 1.58Mt. Semen Tonasa, meanwhile, increased sales by 2.3 per cent coming in at 1.3Mt in 1Q15, compared to 1.27Mt in the same period last year. According to the Indonesia Cement Association, domestic consumpti... |
Ha Tien 1 Cement net profit surges, Vietnam23 April 2015, Published under Cement NewsHa Tien 1 Cement JSC (HT1) said its net profit jumped to VND250.36bn (US$11.64m) in the first quarter of this year, from VND2bn in the same period of 2014, thanks to an increase in financial incomes and a decease in financial costs. Vietnam's largest cement maker by market capitalisation, said net revenue fell 4.25 per cent YoY to VND1.6trn in the January-March period, HT1 said in its quarterly financial report. Earnings per share over the three month period was VND787. Its financial in... |
AFCM 2015 opens in Hanoi, Vietnam22 April 2015, Published under Cement NewsThe AFCM 24th Technical Symposium has officially opened at the JW Marriott Hotel, Hanoi, Vietnam, before an audience of 400 international cement delegates, including manufacturers and all major suppliers to the industry. Dr Nguyen Quang Cung, president of the AFCM opens the 24th Technical Symposium in Vietnam Proceedings were launched this morning with an official opening ceremony and a welcome address by Dr Nguyen Quang Cung, president of the AFCM. Under the theme of “Upg... |
Clinker, cement account for 42% of Vietnam's 1Q exports to Bangladesh22 April 2015, Published under Cement NewsClinker and cement remained Vietnam’s major exports to Bangladesh in the first quarter of this year with export revenue of US$70.1m despite a decline of 33.6 per cent from the same period of last year. The figure accounted for 42 per cent of the country’s total exports to Bangladesh in the period, the Vietnamese Ministry of Industry and Trade said on its website late Tuesday. |
Semen Indonesia eyeing another Vietnamese acquisition21 April 2015, Published under Cement NewsSemen Indonesia is looking to acquire a second cement producer in Vietnam to further bolster its presence in the southeast Asian country. Director of finance Ahyanizzaman said Semen Indonesia had assigned a total capital expenditure of between IDR7trn (US$545.8m) and IDR11trn this year to boost its operations, which includes the takeover of the Vietnamese company. He said that the firm was now implementing a due diligence audit on the Vietnamese company which would be completed by the end... |
Hoang Phat Vissai Group acquires control of Song Lam 2 Cement16 April 2015, Published under Cement NewsHoang Phat Vissai Group has acquired Song Lam 2 Cement JSC in Vietnam's central province of Nghe An from state-owned PetroVietnamCement 12/9 JSC. The group will invest VND500bn to complete and speed up construction of the plant in order to operate it in the next quarter. By purchasing Song Lam 2 Cement Company, Vissai now owns nine clinker and cement production units across Vietnam. |
Ha Tien 1 Cement targets US$17.07m pretax profit16 April 2015, Published under Cement NewsHa Tien 1 Cement JSC (HT1), the largest cement maker in Vietnam by market capitalisation, targets a pretax profit of VND367bn (US$17.07m) this year, down 7.32 per cent YoY. Its revenue is expected to rise 5.9 per cent YoY to VND7.16trn in 2015, HT1 said on its website. |
VietinBank to finance Tuyen Quang plant09 April 2015, Published under Cement NewsVietnam Joint Stock Commercial Bank for Industry and Trade, or VietinBank (CTG) on has signed an agreement with Tan Quang Cement JSC to finance the latter’s cement plant in the northern province of Tuyen Quang. Under the agreement, Vietinbank will lend VND30bn (US$1.4m) to Tan Quang Cement JSC to develop its plant which has a clinker capacity of 2500tpd or 0.75Mta, and a cement capacity of 0.91Mta. Tan Quang Cement JSC is an affiliate of Vietnam National Coal-Mineral Industries Group (V... |