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News Four Vietnamese cement line projects cancelled

Four Vietnamese cement line projects cancelled

Written by Global Cement staff 13 July 2022
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Vietnam: High costs have resulted in the cancellation of four planned new integrated cement lines by a local cement producer. Viet Nam News has reported that the producer in question presently faces costs of US$59.9 - 64.1/t cement, with a net loss of US$8.55 - 10.30/t. Coal prices are US$237/t, more than triple those at the start of 2022 of US$85.5/t. Gypsum and diesel prices rose by 50% over the first half of 2022. The producer reportedly attributed the coal price rise to the effects of the Covid-19 conflict and the Russian invasion of Ukraine.

Published in Global Cement News
Tagged under
  • Vietnam
  • Plant
  • Upgrade
  • Cancellation
  • GCW565
  • Coal
  • Gypsum
  • inflation
  • diesel
  • coronavirus
  • Russia
  • War
  • Ukraine

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