Cement News tagged under: Vietnam

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Cemtech Asia 2018 off to successful start

25 June 2018, Published under Cement News

The Cemtech Asia conference and exhibition has opened at the Meliá Hanoi, Vietnam, with delegates from 35 nations participating in this annual meeting of cement professionals. Thomas Armstrong, managing editor of International Cement Review, inaugurated the conference by observing the importance of the Asian cement sector, where 75 per cent of the world’s cement is consumed. Mr Armstrong delivered an introduction to the 10 markets of the ASEAN region which has seen its consumption double ...

Siam City Cement becomes regional market leader

07 June 2018, Published under Cement News

Siam City Cement (SCC) has strengthened its regional position in 2017 to become a market leader in southeast Asia. Key strategic investments in 2017 included the acquisition of plants from Cemex (Bangladesh), Holcim (Sri Lanka) and Cemex (Thailand) during 2016. More recently, It has constructed the greenfield Kampot cement plant with a 1.5Mta capacity in Cambodia in 4Q17. Moreover, according to SCC's annual 2017 report, the company has completed the acquisition of a 65 per cent stake i...

Vietnam Ministry proposes Quang Son cement transfer to Vicem

05 June 2018, Published under Cement News

The Vietnamese Ministry of Industry and Trade has proposed to the government to transfer the management of Quang Son cement plant from Vietnam Industrial Construction Corp (Vinaicon) to Vietnam Cement Industry Corp (Vicem), which are both government-run corporations, amid having huge losses and mounting loans, according to Viet Nam News. The loans have increased to 95 per cent of the total VND3.5trn (US$153m) of the project. Moreover, Vinaincon has no extra cash to fund the project, which...

Vicem announces 7% sales increase

23 May 2018, Published under Cement News

Vietnam’s leading cement producer, Vicem, has announced a 6.7 per cent YoY increase in sales of clinker and cement to 9.2Mt for the first four months of 2018, according to Vietnam News. In the same period, the company’s clinker and cement output also increased five and 1.5 per cent to 6.49Mt and 7.24Mt, respectively. Vicem aims to produce 1.8Mt of clinker and 2.5Mt of cement in May alone, while its cement and clinker sales are expected to reach 2.7Mt in the month. Outlook for 2018 In...

Vietnam exports rise 68 per cent in the 1Q18

19 April 2018, Published under Cement News

Vietnam has seen a 68 per cent increase in cement exports for the 1Q18, following the shutdown of several Chinese plants, according to Viet Nam News. Nguyễn Quang Cung, vice chairman of the Vietnam Building Material Association, announced that production in the country surged 18 per cent YoY in the quarter, marking the first time it had recorded high growth against an annual increase of approximately 10 per cent. The growth in exports was due to the policy change of the Chinese governm...

Vicem Hoang Mai Cement receives approval to construct plant

12 April 2018, Published under Cement News

Despite issuing a request to relocate last year, authorities of Vietnam’s Nghe An province have now granted approval for Vicem Hoang Mai Cement JSC to develop its Hoang Mai 2 facility in the area, according to Viet Nam News. Therefore, the company will construct the plant in the originally intended location of Hoang Mai 2 industrial park, Quynh Vinh commune. Once fully operational, the plant will have a 0.92Mta clinker capacity and a capability to produce 1.15Mta of cement.

FiCo Tay Ninh Cement to begin constructing second line

11 April 2018, Published under Cement News

FiCo Tay Ninh Cement JSC (TAFiCO) will commence construction of the second line at its plant in Tanh Hoa, Tay Ninh province, on 15 April. The project represents a total investment of VND4800bn (US$210.6m) and will use European equipment. The kiln has been designed with a 4000tpd clinker capacity, which can be upgraded to 5000tpd in the future. The project is scheduled for completion in 2020.

Minister requests Vicem to step up performance

05 April 2018, Published under Cement News

The Vietnam Cement Industry Corporation (Vicem) has been challenged, at a working session, by Mai Tien Dung, Minister and Head of the Government Office, to attach special importance to restructuring and equitisation – two of the key tasks assigned by the Vietnamese government and the Prime Minister for the corporation. The Minister stressed that Vicem must boost the quality and effectiveness of its operations. Minister Dung emphasised that VICEM should increase its share of the domestic...

Phuc Son Cement violates mineral licence

04 April 2018, Published under Cement News

Phuc Son Cement's exploited mineral volume has exceeded the volume it initially licensed in 1996, said the State Audit of Vietnam (SAV) in an inspection report submitted to the country's Prime Minister and Chairwoman of the National Assembly of Vietnam. Phuc Son Cement Corporation will now be under investigation due to violations in exploiting minerals. Phuc Son Cement has reportedly used out-dated technology to exploit resources, causing serious environmental pollution, says Dantri news...

Vietnam cement sales rise 5% in March

28 March 2018, Published under Cement News

Vietnam sold an estimated 7.96Mt of cement in March, representing a 4.5 per cent MoM increase and 25 per cent of the full-year target, according to the Vietnam Building Material Association. Domestic market sales rose 12.6 per cent MoM to 5.56Mt but fell 11 per cent on the year-ago period. The figure includes 2.1Mt sold by the Vietnam Cement Industry Corporation (Vicem). The country’s exports reported significantly positive results, advancing 30 per cent YoY to 2.3Mt. In the 1Q18 ...