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News Vicem awards 6Mt cement and clinker import contract in Philippines

Vicem awards 6Mt cement and clinker import contract in Philippines

Written by Global Cement staff 24 November 2022
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Philippines: Vietnam Cement Industry Corporation (Vicem) has awarded a three-year, 6Mt cement and clinker import contract to Fenix (CEZA) International and Gold Falcon Trading Corp. The agreement will have effect from 2023 until 2025. ‎Việt Nam News has reported that Vietnam's Minister of Construction, Nguyen Thanh Nghi, and National Assembly chair, Vuong Dinh Hue, attended the contract's signing in Manila.

Declining demand, primarily from China, has diminished Vietnam's cement exports over past months. Vietnam produced 130Mt of cement in 2021, but consumed just 65Mt.

Last modified on 30 November 2022
Published in Global Cement News
Tagged under
  • Philippines
  • VICEM
  • Export
  • Import
  • Contract
  • Government
  • Duty
  • China
  • demand
  • Fenix (CEZA) International
  • Gold Falcon Trading
  • trade
  • GCW585
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