17 June 2016
FLSmidth receives Euro34m order in Vietnam 17 June 2016
Vietnam: FLSmidth has signed an engineering and procurement contract worth Euro34m with the Tan Thang Cement Joint Stock Company for the supply of main equipment to new cement plant in the Nghe An province. The order includes all the main equipment from the raw mill grinding to the clinker silo, as well as a coal mill installation, civil design, commissioning and training. Once completed, the cement plant will have a capacity of 5000t/day.
"This order is the second significant order to FLSmidth in Vietnam within the past year and was won against two other international competitors due to FLSmidth's strong track record in Vietnam and the use of the most efficient equipment. Vietnam has, for many years, been an important market to FLSmidth and, after a number of years with limited growth within the cement industry, the market is starting to pick up again," said Group Executive Vice President of the Cement Division Per Mejnert Kristensen.
The order will be booked by the company’s Cement Division and contribute beneficially to FLSmidth's earnings until late 2017.
Cambodia: Battambang Conch Cement, a joint venture between China’s Conch International Holdings and Cambodia’s Battambang KT Cement, has announced plans to build a US$230m cement plant in Battambang province. The plant will being operation in December 2017 and it will have a cement production capacity of 1.8Mt/yr, according to the Phnom Penh Post.
“We will be the fourth cement company to supply the market,” said Vinh Hour, director of Battambang Conch Cement. According to Hour, Cambodia’s demand for cement has reached 8Mt/yr and the existing three cement plants in Kampot province can only supply about half of this amount. The remainder is imported from Asian suppliers. Battambang Conch Cement has applied for an industrial mining licence to use limestone from a nearby mountain in the district. The company aims to supply five provinces in northwest Cambodia: Battambang, Pursat, Bantey Meanchey, Siem Reap and Preah Vihear.
Hort Pheng, director of industrial affairs at the Ministry of Industry and Handicraft, said the ministry has approved five cement factories to date – three of which are in Kampot province and already supply the market. Chip Mong Insee Cement has also received approval to build a production line in the southern province, with construction on the US$260m cement plant expected to finish in 2018.