Cement News tagged under: Vietnam
VICEM sees 29.4Mt of cement and clinker sold in 202108 February 2022, Published under Cement NewsVietnam-based Vietnam Cement Industry Corp (VICEM) sold 29.44Mt of cement and clinker in 2021, reflecting stable sales when compared with 2020, according to local media. VICEM’s cement sales reached 24.16Mt while clinker sales reached 5.28Mt. The company’s output saw a 2.1 per cent drop to 21.47Mt of clinker and 24.1Mt of cement. The company’s revenues remained level at VND33.81trn (US$1.46bn) when compared with 2020. Its pretax profit slipped 1.3 per cent YoY to VND2.05trn. In 2021 V... |
FLSmidth forms partnership in Vietnam for waste plastic co-processing28 January 2022, Published under Cement NewsFLSmidth will work with TONTOTON, a waste handling start-up company in Vietnam, to assist local cement producers in replacing fossil fuels with non-recyclable plastic waste. Eight million tonnes of plastic end up in the world’s oceans every year. As the fourth-largest contributor to marine plastic pollution globally, Vietnam wants to buck this harmful trend, which is largely caused by an ineffective waste handling infrastructure. Sustainability start-up TONTOTON will be streamlining ... |
Ha Tien sees 65% drop in 4Q net profit26 January 2022, Published under Cement NewsHa Tien 1 Cement JSC , in which Vietnam Cement Industry Corp holds a 79.7 per cent stake, reported a 65.4 per cent YoY fall in consolidated net profit to VND53.32bn (US$2.3m) in the 4Q21 due to a decrease in gross profit. The company’s net profit during the quarter declined 8.5 per cent YoY to VND2.02trn. In 2021 the company saw a 39.1 per cent drop in consolidated net profit to VND369.86bn on a net revenue of VND7.06trn, down 11.3 per cent YoY. |
Vietnam cement sales slip in 2021 but exports surge24 January 2022, Published under Cement NewsCement sales in Vietnam edged up by two per cent to 6,135,769t in December 2021, according to the Vietnamese cement association, VNCA. When compared with November 2021, the increase was 10 per cent. Of this total, VICEM sales remained stable YoY although MoM they saw a 13 per cent hike to 2,067,491t in December 2021. Affiliated companies reported a nine per cent drop YoY but an 11 per cent MoM rise to 1,353,278t while Vietnam’s other cement producers reported YoY and MoM increases in sales... |
Siam City Cement Group signs biodiversity MoU with IUCN21 January 2022, Published under Cement NewsSiam City Cement Group (SCCC Group) and the International Union for Conservation of Nature (IUCN) have extended their partnership for another three years by formalising a new Memorandum of Understanding (MoU). The MoU will support the implementation of the INSEE Sustainability Ambition 2030 plan, targeting Net Positive Impact (NPI) on biodiversity at sites where SCCC Group operates. The goal of the partnership is to avoid and minimise biodiversity loss to the maximum extent possible. Ov... |
Vietnam cement production reached 101.2Mt in 202129 December 2021, Published under Cement NewsVietnam is estimated to have produced 101.2Mt of cement in 2021, up 2.6 per cent YoY, according to the latest data from the government-run General Statistics Office (GSO). In December, the country’s cement output is projected to have reached 9.9Mt, up 8.4 per cent YoY, the GSO said. |
Hon Chong plant wins 2021 Energy Efficiency Industry prize27 December 2021, Published under Cement NewsINSEE Cement's Hon Chong plant is honoured to be the only construction material manufacturer to receive Vietnam’s Energy Efficiency in Industry Award 2021. During the past 23 years, the INSEE Hon Chong plant in Binh An Ward, Kien Luong district, Kien Giang province has made constant progress in cement production and waste co-processing along with responsibility for sustainable development. The plant has always operated a vertical roller mill (VRM), contributing to a 20 per cent reduct... |
Vietnamese clinker exports fall, cement exports advance in November24 December 2021, Published under Cement NewsClinker exports from Vietnam saw a nine per cent drop in November 2021 to 2,854,949t when compared with November 2020, according to the Vietnamese cement association, VNCA. Cement exports increased by five per cent YoY to 1,739,582t in November 2021 when compared with November 2020. Total exports saw a 46 per cent YoY leap to 4,594,531t in November 2021. January-November 2021 Total exports from Vietnam in the 11M21 advanced 23 per cent YoY to 42.334Mt. Of this total, clinker exports reach... |
Vietnamese market contracts 7% in November23 December 2021, Published under Cement NewsCement dispatches in Vietnam declined by seven per cent YoY to 5,570,069Mt in November 2021 but advanced by six per cent when compared with October 2021, according to the Vietnamese cement association, VNCA. Of this total VICEM saw a six per cent drop YoY to 1,836,559t while associated companies reported an 11 per cent fall to 1,223,510t YoY in November 2021. Other cement producers reported a seven per cent decrease to 2,510,000t when compared with November 2020. When compared with October... |
Philippines opens investigation on Vietnamese anti-dumping13 December 2021, Published under Cement NewsThe Philippines' Tariff Commission has started its investigation into the merits of imposing a definitive anti-dumping duty on cement imports. The commission commenced a formal investigation on 9 December following a request from the Department of Trade and Industry. A preliminary conference is scheduled for 20 December as part of the investigation. “Matters for discussion include the timelines, nature of investigation, appearance of counsel and parties, number of witnesses, notification, ... |