Cement News tagged under: Vietnam

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Siam Cement to buy Vietnamese packaging company

07 April 2020, Published under Cement News

Siam Cement is to acquire a Vietnamese packaging materials maker, Bien Hoa Packaging. The group will purchase Bien Hoa Packaging through a joint venture with top Japanese cardboard maker Rengo. Siam Cement said the size of the deal has yet to be determined, but estimated it would be less than 15 per cent of the Thai group's total assets as of the end of December, which came to THB634.7bn (US$19.2m). Bien Hoa produces 90,000t of cardboard boxes and 10,000t of food packaging materials a year...

Exports from Vietnam decline due COVID-19 pandemic

06 April 2020, Published under Cement News

Vietnam exported 7.5Mt of cement and clinker, to a value of US$291m, in the first quarter of this year, said the Ministry of Industry and Trade. The lower volume has been attributed to the coronavirus pandemic. Total exports fell by nearly 40 per cent in volume while the value declined by 20 per cent when compared with the year-ago period, when the country exported 12Mt with a value of US$360m. In 2019, Vietnam exported 33.8Mt of cement and clinker, earning just under US$4bn. Earlier thi...

Vietnam cement sales surge 58% in February

24 March 2020, Published under Cement News

Total cement sales in Vietnam reached 4.207Mt in February 2020, up 58 per cent YoY and 47 per cent MoM, according to the Vietnam National Cement Association (VNCA). The total includes 1.383Mt delivered by VICEM, representing an increase of 48 per cent YoY and 53 per cent MoM. VICEM joint ventures posted an 80 per cent YoY and 56 per cent MoM rise in sales to 1.184Mt while the country’s other cement producers saw sales rise by 54 per cent YoY and 36 per cent YoY to 1.64Mt in February 2020. ...

Bim Son Cement announces sales targets for 2020

16 March 2020, Published under Cement News

Vietnam’s Bim Son Cement JSC has announced a sales target of 5.6Mt of cement and clinker in 2020, up 30.2 per cent compared to 4.3Mt in 2019. The company is also aiming to reach a pretax profit of VND265bn (US$11.42m) for the year, a rise of 35.6 per cent on VND195.5bn last year.

Vietnamese cement producers come under pressure

12 March 2020, Published under Cement News

Cement producers in Vietnam are facing a double challenge with domestic demand falling due to a slowdown in the property market, and delays in transport infrastructure works and exports declining due to the COVID-19 pandemic. The forecast had been for exports of around 34Mt this year, but the epidemic has put paid to those hopes since China used to be the main clinker importer, said Nguyen Quang Cung, chairman of the Vietnam Cement Association (VCA). Cement and clinker exports in the period...

Asia’s plastic potential

09 March 2020, Published under Cement News

With the highest consumption of plastic in the world and representing two-thirds of global cement production, five Asian countries provide the opportunity to address the worldwide issue of non-recyclable plastic waste. By Dr Kåre Helge Karstensen, Palash Kumar Saha, Eirik Vigerust, Anneli Alatalo Paulsen, Dr Christian John Engelsen and Dr Mehdi Ahmadi, SINTEF, Norway. Collection of plastic in Binh Duong, Vietnam, January 2020 A total of 6.3bnt of plastic waste was created global...

Cement demand in Vietnam falls 37% in January

03 March 2020, Published under Cement News

Demand for cement in Vietnam in January 2020 saw a 37 per cent YoY decline to 2,879,347t, according to the Vietnam National Cement Association (VNCA). Domestic sales by VICEM fell 43 per cent YoY to 903,383t while its associates saw a 36 per cent YoY drop to 756,964t. Sales of other cement producers decreased 32 per cent to 1,210,000t in the same period. In addition, there was a reduction in export sales by 23 per cent to 2,049,402t when compared with January 2019. MoM the drop was 44 pe...

Vietnam demand expected to rise by 4-5 per cent in 2020

18 February 2020, Published under Cement News

Cement and clinker demand in Vietnam is expected to edge up by 4-5 per cent in 2020, according to the country's Ministry of Construction (MoC). Volumes are expected to reach 101-103Mt, according to a report by Vietnam Plus. The expected range comprises 69-70Mt of domestic sales and 32-34Mt of exports. Chairman of the Vietnam Cement Association, Nguyen Quang Cung, said that cement demand has expanded at a higher pace compared to GDP in previous years. However, the trend has been in reverse i...

Vietnam cement sales expand 13% in December

12 February 2020, Published under Cement News

Total cement sales by Vietnamese cement producers increased 13 per cent YoY and five per cent MoM to 9,573,455t in December 2019, according to the Vietnam National Cement Association (VNCA). Domestic consumption saw a two per cent rise YoY and a nine per cent increase MoM to 5,921,910t in December 2019. Of this total, VICEM sales edged up by two per cent YoY and 10 per cent MoM to 2,002,655t while its joint-venture companies saw sales drop by five per cent to 1,539,255t when compared with ...

Bedeschi wins Tan Thang cement order

12 February 2020, Published under Cement News

Bedeschi SpA has signed a contract for the supply of all the raw material crushing, transporting and storage machines at the Tan Thang cement plant Nhe An province, Vietnam. The new plant will have a cement production capacity of 2Mta. The raw material handling order includes an 850tph crusher, a circular storage unit with an 850tph stacker and 350tph reclaimer. One clay crusher with an apron feeder and a 300tph Bedeschi double-roller crusher and a 200tph bucket reclaimer will also be deliv...