Displaying items by tag: Vietnam
Vietnam cement sales rise in first nine months of 2017
11 October 2017Vietnam: Vietnam sold 59.3Mt of cement in the first nine months of 2017, a rise of 6% compared to the same period of 2016. The country has now fulfilled 74.1% of its whole-year plan, according to the Ministry of Construction. 45.3Mt of cement was sold domestically, a 4% rise year-on-year, while 14.0Mt of cement was exported.
In September 2017, the country’s cement sales rose by 9.4% compared to August 2017 to 6.7Mt, comprising 5.2Mt of domestic sales and 1.5Mt of exports. As of September 2017, Vietnam had 3.0Mt of cement and clinker inventory, most of which is clinker.
At present, Vietnam’s cement capacity is 86Mt/yr but domestic demand is estimated at 60Mt/yr, a surplus of 26Mt/yr, according to the Vietnam National Cement Association (VCNA).
Vietnam cement sales rise by 6% to 59Mt in first nine months of 2017
27 September 2017Vietnam: The Vietnam Building Material Association estimates cement sales rose by 5% year-on-year to 59Mt in the first nine months of 2017. This represented 74% of its annual target, according to the Việt Nam News newspaper. 45Mt of cement was sold domestically, an increase of 4%, and 14Mt was exported. Cement production capacity is 86Mt/yr but demand is estimated at 60Mt/yr. The country is predicted to face a surplus of 26Mt in 2017, according to the Vietnam Cement Association.
Cement importer says Philippines faces shortages to 2020
25 September 2017Philippines: A gap between local production and demand is expected to lead to a deficit in cement for the next three to four years to 2020. Napoleon Co, president and owner of cement importer Cebu Oversea Hardware, told the Manila Bulletin newspaper that imports from China and other countries in the Association of Southeast Asian Nations (ASEAN) should be able to address the shortfall until new production capacity is built. Co added that the country imported 6Mt of cement in 2016 mainly from China and Vietnam. Similar or higher volumes of imports are expected in 2017.
Cement importers have been lobbying the Department of Trade and Industry to allow pre-shipment inspection and certification of cement. However, local cement producers have opposed the change.
Vissai Cement launches BillerudKorsnäs bag line
20 September 2017Vietnam: Vissai Cement has launched QuickFill Clean (QFC) cement paper bags at its Vissai Ninh Bình cement plant. The bags are produced by Sweden’s BillerudKorsnäs. Vissai and BillerudKorsnäs signed a letter of intent about the packaging in April 2017, according to the Viet Nam News newspaper. Under the agreement, Vissai will become the only company to use BillerudKorsnäs cement packaging in Vietnam for a period of two years.
Vietnam: Ha Tien 1 Cement has warned that a local government scheme in Ho Chi Minh City to replace cement grinding plants with distribution terminals could cost US$62m. The cement producer made the comments as part of a discussion on the development of building materials in the city, according to the Saigon Times newspaper. The government plans to shut down the cement pants on environmental grounds and to move them out of the city.
At present Ho Chi Minh City has 10 cement grinding plants and terminals with a capacity of over 10Mt/yr but this is below the city’s requirements. By 2020, the city may have a shortfall of 3.3Mt/yr. The city plans to build three terminals with a capacity of 1.2Mt/yr each. However, Ha Tien 1 Cement said that transport and loading fees would be huge as the city will require ships to transport cement from northern ports. In addition, the city will have to build special ports to receive bulk cement shipments from the north as the majority of the ports have no facilities for bulk cement.
Long Son opens second production line at cement plant
08 September 2017Vietnam: Long Son has started operating its second production line at its Long Son cement plant in Thanh Hoa province. Following the upgrade the unit has increased its cement production capacity to 5Mt/yr from 2.5Mt/yr, according to the Viet Nam News newspaper. Following the opening of the new line the site has become one of the largest cement plants in the country.
Vicem appoints Bui Hong Minh as general director
06 September 2017Vietnam: The Vietnam Cement Industry Corporation (Vicem) has appointed Bui Hong Minh as its general director. He was previously the deputy general director of the company, according to the Viet Nam News newspaper. He replaces Tran Viet Thang who has been relieved from the role following allegations of business malpractice.
Minh, aged 46 years, has held the position of deputy general director at Vicem since 2013. Prior to that, he worked at the But Son and Ha Tien cement companies.
Pacific Cement prepares for upgrade project
06 September 2017Fiji: Pacific Cement plans to shut down for three weeks in September 2017 for upgrade work including installing a new cement mill motor, trunnion gear, dust collectors and sensors. The company has confirmed to the Fiji Times newspaper that all the parts for the project have arrived on site. It expects at least 15 engineers and technicians from Australia and New Zealand to work on the repairs. Company director Sowani Tuidrola added that the cement producer has imported 25,000t of cement from Vietnam to meet market demand.
Siam City Cement wants to expand within Vietnam
08 August 2017Vietnam: Thailand’s Siam City Cement Group wants to expand investment in the production and supply of construction materials and waste treatment in Vietnam’s southern Dong Nai Province, according to its local CEO Philippe Richart.
At a working session with the provincial People’s Committee in Dong Nai on 8 August 2017, Richart noted that the group has invested in the former Holcim cement plant in Nhon Trach district and will expand the plant in the future. He added that the company will also invest in an industrial dry mortar plant and a transit station for construction materials in Dong Nai. It is also focusing on waste treatment, he said, adding that the group is using the latest technologies in this field.
Vice Chairman of the provincial People’s Committee Nguyen Quoc Hung cited a number of key projects being carried out in the locality such as major expressway projects and the Long Thanh airport, which will be launched in 2019. It is expected that cement demand will increase significantly in the local area due to these and smaller developments.
Pacific Cement to import cement from Vietnam
02 August 2017Fiji: Pacific Cement plans to import 25,000t of cement from Vietnam due to supply shortfalls from local plants. The increase in demand has been attributed to increased construction activity in the country, according to the Fiji Sun newspaper. Pacific Cement is currently running at reduced production levels whilst it waits for spare parts to arrive. It plans to return to full production in October 2017. The producer is also wants to install a cement mill in early 2018 to increase its production capacity.