Thach My secures new loan, Vietnam
The Bank for Investment and Development of Vietnam (BIDV) is to provide a loan to Thach My for its new cement plant under construction in the central province of Quang Nam Local...
Vietnam
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Vicem net profit rises 36% YoY
Vietnam Cement Industry Corporation (Vicem) said it made a net profit of VND660trn (US$31.62bn) in 2012, rising by 36 per cent from a year earlier, despite a fall in domestic de...
Vietnam 2012 sales fall 3.5% YoY
Total cement sales in Vietnam (domestic plus exports) in 2012 fell 3.5 per cent YoY to 54Mt. A recent update by the Vietnam Cement Association (VNCA) shows domestic sales were d...
Gresik achieves record production in 2012
State-owned Indonesian cement producer PT Semen Gresik achieved record production last year and targets further increases this year, according to a senior member of the company.
Semen Gresik sets US$400m for 2013 capex
Indonesia’s largest cement producer PT Semen Gresik has set US$400m in capital expenditure for its corporate business activities, according to its president Dwi Soetjipto.
Semen Gresik seals Vietnam deal
Indonesia’s leading cement producer PT Semen Gresik has signed deal worth US$157m with Hanoi General Export-Import JSC (Geleximco) on 18 December to acquire 70 per cent stake in...
Vietnam Jan-Nov 2012 production declines
Vietnam produced 51.3Mt of cement in the first 11 months of this year, down 5.4 per cent from a year earlier, the General Statistics Office said.
Gresik sees output rising 18% next year, Indonesia
Indonesia’s leading cement producer PT Semen Gresik expects cement production to increase by 18 per cent next year, however, it has hinted that domestic sales growth could slow ...
Lucky’s US$160m Vietnam investment short on raw materials
Chen Liang-chuan, the founder of the Taiwan-based Lucky Cement Corp, may see his US$160m into He Duong Cement Co, Nin Binh, Vietnam in 2008 evaporate as the project has found it...
Vietnam cement stocks rise to 4Mt in Jan-Oct
Vietnam’s cement inventory rose by 51.3% YoY to 4Mt in the first 10 months of 2012, including 1.4Mt of Vietnam Cement Industry Corporation (Vicem), according to the country’s Mi...