Cement News tagged under: Vietnam
Vietnam cancels five plant projects from Master Plan05 September 2014, Published under Cement NewsVietnamese Prime Minister, Nguyen Tan Dung, has approved a proposal by the country’s Ministry of Construction to cancel five cement projects from the industry’s Master Plan 2011-2020. The five projects, which have a combined capacity of 0.91Mta, are Cao Duong, Cho Moi, Viet Duc, Long Tho and Ngan Son. The government leader earlier had approved a proposal by the Vietnam Building Material Association to remove nine cement projects from planning to keep capacity in line with demand. The p... |
Vietnam’s export volumes up 20% YoY04 September 2014, Published under Cement NewsIn the first seven months of this year, Vietnam earned US$563.15 from exporting 13.1Mt of clinker and cement, up 24 and 20.4 per cent in value and volume terms, respectively. Indonesia, Taiwan and Malaysia were the top importers of Vietnamese exports during the period, according to figures from the Vietnamese Ministry of Industry and Trade. Indonesia imported 1.42Mt of clinker and cement worth US$69m, Taiwan acquired 863,270t worth US$37.6m and Malaysia purchased 700,880t worth US$34.7m. ... |
Vietnam Jan-Aug sales up eight per cent YoY03 September 2014, Published under Cement NewsCompanies in Vietnam sold 42.53Mt of cement in the first eight months of this year, up eight per cent YoY and meeting 68.6 per cent of the year’s target, the Ministry of Construction said. Of the total, 32.85Mt of cement were sold at the domestic market, up seven per cent YoY while 9.68Mt were exported, and increase of nine per cent YoY the ministry said. In August, the country’s cement sales rose two per cent from the previous month and three per cent YoY to 5.29Mt despite the rainy s... |
Vietnam: double-digit uptake in domestic sales25 August 2014, Published under Cement NewsVietnam producers sold 4.42Mt of cement to the domestic market in July, up 12 per cent from the previous month and 14 per cent from the same period a year ago, the Vietnam Cement Association said. Exports totalled 1.15Mt, comprising 363,603t of cement and 754,962t of clinker – up 31 and nine per cent MoM, respectively. By the end of July, Vietnam reported 560,000t of cement and 1.87Mt of clinker inventories. The association anticipates that the country's cement sales will dip this mont... |
Vicem cement output rises 4.7% YoY20 August 2014, Published under Cement NewsState-owned Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, produced 10.24Mt of cement in the first seven months of this year, rising 4.7 per cent from the same period a year earlier. Clinker output, however, fell one per cent YoY to 9.43Mt during the period. In July, Vicem’s cement output rose 7.8 per cent YoY to 1.54Mt, while the corporation’s clinker output was 1.47Mt, up 8.1 per cent. In the first seven months, Vicem’s total clinker and cement sal... |
Vietnam government investment arm to divest in Yen Bai shareholding19 August 2014, Published under Cement NewsThe Vietnamese government’s investment arm, State Capital Investment Corporation (SCIC), plans to sell its entire 1.9 million shares of Yen Bai Cement and Minerals JSC (YBC) between 21 August and 19 September. SCIC currently holds a 40.6 per cent stake in YBC. The Hanoi Stock Exchange (HNX) cancelled the stock listing of YBC on 28 May 2014. |
Vietnam sales up 8% in first seven months12 August 2014, Published under Cement NewsVietnam sold 37Mt of cement in the first seven months of this year, up eight per cent from a year ago and fulfilling 59.75 per cent of the whole-year target, the country's Ministry of Construction said. Of the total, 28.5Mt was sold to the domestic market and 8.52Mt was exported, the Nhan Dan newspaper cited the ministry as saying Monday. In July, the country’s cement and clinker sales inched down one per cent from June but rose two per cent on a YoY basis to 4.98Mt. This volume comprised ... |
Vissai Ninh Binh Group exports 1.5Mt of clinker to France11 August 2014, Published under Cement NewsCiment de Bourbon has drawn up a contract with cement producer Vissai Ninh Binh Group, a private Vietnamese group, to receive 1.5Mt of clinker to facilitate the construction of to an expressway project on Réunion. The clinker will be shipped at a price of US$42/t under the contract that will be effective for five years, said Nguyen Tien Dat, Vissai Ninh Binh's deputy director. The Vietnamese group has carefully considered the prices to avoid the negative impact driven by the fluctuations ... |
Vietnam cement production rises 6.5%31 July 2014, Published under Cement NewsVietnam produced 4.9Mt of cement in July, up 6.5 per cent from both June 2014 and from the year-ago period, the government’s General Statistics Office (GSO) said. In the first seven months, domestic output is likely to have increased by 4.6 per cent from a year ago to 33.6Mt. However, the GSO has revised down the country’s cement output in June to 4.6Mt from the earlier estimated figure of 5.4Mt. |
Semen Indonesia increases Vietnam spend18 July 2014, Published under Cement NewsSemen Indonesia has increased the amount it plans to spend on its next Vietnamese acquisition as it sets its sights on a higher-capacity purchase. Speaking to the Jakarta Globe, president director Dwi Soetjipto said Semen Indonesia is looking to acquire a second Vietnamese producer with a production capacity of 2.5Mta involving an investment of IDR3trn (US$250m). Dwi added that this was an upward revision from the company’s earlier plan, which had allocated IDR1trn for the acquisition of a... |