Displaying items by tag: Vietnam
Vietnamese farmers use cement as fertiliser for rice
20 January 2016Vietnam: Vietnamese farmers in many localities have used cement as fertiliser for their rice fields after a farmer in Lai Vung, Dong Thap said that the move had helped him raise his yield.
Several months ago, when building a new house, Le Van Nuoi from Long Hau noticed that vegetables planted near a place where building workers washed their utensils grew well without any fertiliser. Nuoi thought that the vegetables developed thanks to the mortar and cement stuck on the utensils of building workers.
Nuoi made a test with rice. He put down urea mixed with cement on a small area of rice and discovered that the trees in this area grew better than others in the same field. Nuoi's initiative was transferred to other farmers in the region, who have reached the same conclusion as Nuoi. The farmers have offered instructions on how long the fertiliser should be used and the ratio of cement and urea.
Mai Quoc Hau, Head of the Agriculture and Rural Development Division of Lai Vung, said that the local authorities have known about the initiative of local farmers. The division has sent experts to work with the farmers. He said that he would report the case to the higher authorities for consideration because using cement as fertiliser was 'very strange.' Experts have warned that spraying cement to rice fields will make the land unsuitable for crop cultivation.
Vietnam expects 74 - 75Mt of cement consumption in 2016
15 January 2016Vietnam: Around 74 – 75Mt of cement is expected to be sold in 2016, some 3Mt more than that in 2015. In 2016, no new plants will be put into operation, as the capacity of current plants will meet demands.
According to Le Van Toi, Head of the Building Materials Department under the Ministry of Construction, total output of cement will rise in 2016, as a plant of the Cong Thanh Cement Group increased its capacity by 3.6Mt/yr in late 2015.
In 2015, two cement projects were put into operation, raising the number of production lines to 76 with a total designed capacity of 81.5Mt/yr. Over 72Mt of cement is estimated to have been sold in 2015, up by 3% compared to 2014. Some 16.3Mt was shipped abroad, down by 17.3% year-on-year, but domestic consumption rose by 11.1% to 56.5Mt.
Cong Thanh Group launches new line in Vietnam
27 November 2015Vietnam: Cong Thanh Group held a ceremony to mark the first batch of cement made by its second production line at its cement plant in Thanh Hoa. The new line has a capacity of 12,500t/day of clinker or 3.6Mt/yr of cement.
The line will help contribute to the province's industrial production growth and contribute US$26.7m to the provincial budget. Vietnam now has 76 cement production lines with a combined output of 81.6Mt/yr. The ministry has estimated that Vietnam's cement and clinker sales in 2015 will reach 71.5 - 72Mt in 2015, fulfilling the year's target, including 55 – 55.5Mt of domestic sales, rising by 9 - 9.5% year-on-year. Clinker exports are likely to fall by 19% to 16.5Mt, meeting 85% of the whole-year target.
Siam Cement Group to join forces with Viglacera
18 November 2015Vietnam: Thailand's Siam Cement Group (SCG) is considered partnering with Hanoi-based Viglacera Corporation to expand its operations in Vietnam. The two companies plan to jointly carry out a project to produce medium- and high-end construction materials for domestic sales and export.
Lafarge Vietnam and Holcim Vietnam merge
09 November 2015Vietnam: Lafarge Vietnam Company has become a unit of Holcim Vietnam Company following the merger between their parent companies.
The merger between Lafarge Vietnam and Holcim Vietnam, which is scheduled for completion in 2015, will help LafargeHolcim optimise its production in the context of oversupply, which has put local cement producers in difficulties, a Holcim Vietnam official has said.
In Vietnam, LafargeHolcim has five cement plants and eight ready-mixed concrete batching plants, with a capacity of 5.2Mt/yr of cement and 1Mm3/yr of concrete. LafargeHolcim will retain its brands of Lafarge and Holcim's products such as Lavilla (Lafarge) and Holcim Power-S (Holcim), according to Nguyen Cong Minh Bao, Head of Holcim Vietnam's Sustainable Development.
Holcim Vietnam presently holds a 26% market share in Vietnam while Lafarge Vietnam takes a 12% share, with their main products being cement, concrete and aggregate.
Vietnam: Vietnam is estimated to have produced 54.8Mt of cement in the first ten months of 2015, up by 10.4% year-on-year, including 6.1Mt in October 2015, up by 10.8% year-on-year, according to the government-run General Statistics Office. Vietnam currently has 76 cement production lines with a combined output of 81.6Mt/yr.
ThyssenKrupp combines plant technology businesses in Vietnam
26 October 2015Vietnam: ThyssenKrupp has recently combined its plant technology businesses in Vietnam by integrating the formerly separate entities Polysius, ThyssenKrupp Uhde and ThyssenKrupp Fördertechnik, to becomeThyssenKrupp Industrial Solutions (Vietnam).
This strategic move allows ThyssenKrupp Industrial Solutions, the plant engineering and construction specialist of the ThyssenKrupp Group, to further integrate and regionalise its business worldwide. This follows the ThyssenKrupp Group's overall focus on integrating its businesses more closely to create sustainable value as a diversified industrial group.
"With our experience in large-scale plant construction and engineering, we are now streamlining our core capabilities for present and future customers in Asia and the Pacific. We can now offer diversified services to help our customers achieve their goals for sustainable growth," said Jan Lueder, CEO of ThyssenKrupp Industrial Solutions (Asia Pacific). "The integration of our businesses in Vietnam is key to our overall strategy to expand our Industrial Solutions portfolio in strategic growth markets."
ThyssenKrupp Industrial Solutions (Vietnam) will cover two business units: Process Technologies and Resource Technologies. Process Technologies will focus on engineering, procurement and construction for chemical, refinery and other industrial plants, while Resource Technologies will offer a comprehensive product portfolio and a wide sales and service network to customers in the mining, cement, mineral processing and materials handling industries.
Vietnam: The Bank for Investment and Development of Vietnam (BIDV) has signed a credit contract with Thanh Thang Cement Corporation to develop a second production line at its cement plant in Thanh Nghi, Ha Nam.
Under the agreement, the BIDV will lend Thanh Thang Cement US$156m. The project requires a total investment of US$250m. The new line will have 2.3Mt/yr of cement production capacity. It was added to the government's plan for the cement industry in Vietnam during the 2011 - 2020 period. Once completed for operation in 2017, the project is expected to create jobs for more than 1000 local labourers.
Vietnam has become the fifth-largest cement producer and consumer in the world after China, India, Iran and the US. The country now has 74 cement production lines with a combined output of 77Mt/yr. The output volume is predicted to continue increasing. The ministry has predicted that Vietnam's sales of cement and clinker will to rise by 1.5 - 4% year-on-year to 72 – 74Mt in 2015, of which domestic sales will rise by 4.5 - 6.5% to 53 – 54Mt and exports will be at 19 – 20Mt.
Vietnam: Sai Son Cement JSC made a US$29,030 net profit in the third quarter of 2015, down from US$323,064 in the same period of 2014 due to a fall in revenue and higher costs of goods sold. Its net revenue fell to US$3.22m in the third quarter from US$3.49m in the 2014 quarter. Gross profit fell to US$296,142 from US$708,946 in 2014.
In the first nine months of 2015, Sai Son Cement made US$206,402 of net profit on US$10.5m net revenue, compared to US$690,998 of net profit on US$10.1m net revenue in the same period of 2014.
Vietnam: Vietnam Cement Industry Corporation (Vicem) sold 16.3Mt of cement and clinker in the first nine months of 2015, up by 1.5% year-on-year. Of the volume, 14.9Mt of cement and clinker was sold on the domestic market, up by 8.6% year-on-year, while 1.44Mt was exported, down by 39.4% year-on-year.
In the third quarter of 2015, Vicem's cement and clinker sales grew by 6.2% to 5.61Mt, of which 5.27Mt of cement and clinker was sold on the domestic market, up by 11% year-on-year, while 337,000t was exported, down by 37% year-on-year. Vicem's cement production grew by 10% year-on-year to 4.97Mt in the third quarter of 2015, while its clinker output rose by 8% to 4.34Mt.
Vicem plans to produce 4.42Mt of clinker and 5.45Mt of cement in the fourth quarter of 2015, down by 0.8% and 5.7% respectively year-on-year. It also aims to sell 6.07Mt of cement in the fourth quarter, raising its full-year target to 22.4Mt. In 2014, Vicem's clinker production grew by 0.7% to 16.5Mt while its cement output rose by 10.3% to 18.5Mt.