Displaying items by tag: Siam City Cement Vietnam

Vietnam: Kien Giang province has granted an investment licence to Siam City Cement Vietnam for a limestone and clay mining project and a clinker kiln project in Kien Luong district. Both projects have a combined investment of around US$470m, according to the Viet Nam News newspaper. The subsidiary of Thailand’s Siam City Cement Group operates five plants in the country following its acquisition of Holcim Vietnam in 2017.

Vietnam: 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.

Vietnam: Siam City Cement Vietnam plans to invest up to U$50m on its cement plants in the next six to 12 months. The Thai-owned cement producer purchased Holcim Vietnam in March 2017, according to the Saigon Times Daily newspaper. It operates plants in Kien Giang, Ba Ria-Vung Tau and Dong Nai provinces and in Ho Chi Minh City.

Vietnam: The government has approved development planning to start for an inland port for the Siam City Cement Vietnam Thi Vai cement grinding plant. The proposed site will be adjacent to the Thị Vải River, according to the Vietnam Investment Review magazine. The port is expect to be able to support barges with a capacity of up to 5000t. The plant was acquired by Thailand’s Siam City Cement in March 2017 when it purchased Holcim Vietnam from LafargeHolcim.

Vietnam: Holcim Vietnam has been officially renamed as Siam City Cement Vietnam following its acquisition by Thailand’s Siam City Cement. Holcim products will now be sold locally under the Insee brand, according to the Saigon Times. An agreement for Siam City Cement to buy LafargeHolcim’s 65% stake in Holcim Vietnam was announced in August 2016.