Cement News tagged under: Vietnam

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Vietnam exports 2.6Mta of cement in February

16 March 2018, Published under Cement News

In February 2018 Vietnam exported 2.6Mt of cement, representing a hike of 30 per cent YoY, according to Vietnam’s Ministry of Construction. Domestic cement consumption rose 11 per cent YoY to 5Mt. For the first two months of 2018, nearly 18.6Mt of cement were sold, including 5.5Mt exported, representing a rise of 121 per cent when compared with January-February 2017.

Vietnam cement sales increase 38% to 7.62Mt in February

13 March 2018, Published under Cement News

Vietnam sold 7.62Mt of cement in February, representing a 38 per cent YoY hike and 22.9 per cent of the full-year target, according to the Vietnam Building Material Association, Ministry of Construction. The domestic market accounted for 5.02Mt, showing an 11 per cent expansion when compared with the year-ago period. This includes 1.96Mt sold by the Vietnam Cement Industry Corp (Vicem). Around 2.6Mt were exported in February, a 30 per cent YoY rise. In the first two months of 2018, di...

FLSmidth wins contract to optimise Xuan Thanh Cement

06 March 2018, Published under Cement News

Xuan Thanh Cement in Vietnam has hired FLSmidth to provide five onsite advisors with the purpose of optimising the production of its cement plant while minimising the production costs. The customer’s 12,500tpd cement plant is located in Ha Nam, Vietnam, and is the largest cement plant in southeast Asia. "By implementing best practices and data from other cement plants globally, we can assist Xuan Thanh in improving their output while minimising their production costs. In other words we wi...

Loesche to supply VRM for Vicem

01 March 2018, Published under Cement News

Loesche has won a contract from Vicem Hoang Thach Cement Co to supply a VRM for its plant in Hai Duong, Vietnam. The LM 59.3+3 CS mill has a transmission power of 6200kW and can grind 250tph of OPC to a fineness of 3600 Blaine. The machine is particularly sustainable, resource-friendly and energy-efficient, matching the cement manufacturer’s goal of making the key industry of the country's raw materials sector more environmentally friendly. Along with facilities for handling raw material,...

Vietnam clinker and cement exports up 30%

13 February 2018, Published under Cement News

Vietnam exported 2.9Mt of cement and clinker, valued at US$101.12m in January, representing YoY increases of 32.2 and 30.3 per cent, respectively, according to the country’s General Department of Vietnam Customs. Bangladesh, the Philippines, Peru, Mozambique, Malaysia and Taiwan remained the biggest importers of Vietnamese cement and clinker.

Vietnam produces 7.2Mt of cement in January

31 January 2018, Published under Cement News

Vietnam is likely to have produced 7.2Mt of cement in January, which fell 5.8 per cent from December 2017 but rose 29.7 per cent from a year earlier, according to latest data from the government-run General Statistics Office. In 2017, Vietnam made 85.4Mt of cement, including 7.6Mt in December, according to the revised figure. The country now has 82 cement production lines with a combined capacity of 97.64Mta.The Vietnam Cement Association (VNCA) has warned that Vietnam will face a glu...

Sinoma requires project finance for Phase III of Thanh Thang

30 January 2018, Published under Cement News

Sinoma International Engineering Co Ltd is seeking project finance from international financial institutions to build the third phase of a 6000tpd Thanh Thang project in Ha Nam province, Vietnam, Inside International Industrials quotes the company’s General Manager, Mr Chen. The estimated total project investment is US$220m. Sinoma signed the EPC contract with Thanh Thang Cement Group in May 2017. However, the subdued economy has resulted in the slow progress of the third phase. The initia...

Vietnam cement producers cut retail prices by US$7.48/t in 2018

29 January 2018, Published under Cement News

Vietnamese cement producers have reduced their retail prices by VND10,000-170,000/t (US$0.44-7.48/t) since the start of this year, according to the Vietnam Ministry of Finance’s Price Management Department. The price cut has been attributed to the falling exports that have left a glut in the domestic market. In addition, cement plants had been producing at full capacity to reduce unit costs. At present, retail prices for cement in the north and central region are between VND950,000-1.45...

Vietnam’s VVMI La Hien profit slips 1% in 2017

29 January 2018, Published under Cement News

VVMI La Hien Cement JSC reported a one per cent YoY decrease in its net profit to VND27.98bn (US$1.23m) in 2017. The company’s revenue fell one per cent YoY to VND649.46bn in 2017. In 4Q17 the Vietnamese cement producer saw a a more than two-fold rise of its net profit to VND18.37bn and a 12.3 per cent increase of its net revenue to VND221.79bn.

Thanh Thang to develop third line

24 January 2018, Published under Cement News

Thanh Thang Group Cement JSC is investing VND800bn (US$35.2m) in developing the third production line in Ha Nam, northern Vietnam. Construction of the 2.3Mta facility is expected to be completed in 2021. In July 2017 Thanh Thang inaugurated its second production line, which is also located in Ha Nam province. The VND5tn line has a clinker capacity of 6000tpd or 2.3Mta of cement.