Displaying items by tag: Vietnam

Vietnam: The Vietnam National Cement Association (VNCA) has proposed that the Ministries of Planning and Investment, Finance, and Construction reduce import duties on aluminium cement to improve the competiveness of local refractory producers. At present the country charges a tax of 32 – 37% on imports of the input material used to manufacture refractory concrete and refractory bricks. However, imports of refractory bricks are only charged 6%, according to the Viet Nam News newspaper.

The VNCA suggested the government cut duties on aluminium cement imports to support local firms and reduce the country’s dependence on foreign partners, such as China. Vietnam imports refractory concrete and refractory bricks from China, India, South Korea and Germany.

Vietnam: Bedeschi has sign a contract for the supply of all the raw material crushing, transporting and storage machines at the Tan Thang cement plant Nhe An province. The new plant will have a cement production capacity of 2Mt/yr.

The order includes:

• One crusher for limestone with a capacity up to 850t/hr,
• A limestone circular storage with a stacking capacity of 850t/hr and a reclaiming capacity of 350t/hr,
• One clay crushing group with an apron feeder and a Bedeschi double roller crusher, suitable to crush sticky and moist material, with a capacity of 300t/hour; a stacking and reclaiming system for raw material additives (clay, iron ore, silica) made up of a luffing stacker with a capacity of 300t/hour and a bucket reclaimer with a capacity of 200t/hr,
• A stacking and reclaiming system for coal with a luffing and travelling stacker with a capacity of 200t/hr,
• A side type scraper reclaimer with a capacity 100t/hr.

The supply includes all connecting belt conveyors, including one long conveyor that connects the quarry to the cement plant, and all the dedusting filters for the conveyors. No value has been released for the order.

Vietnam: The Ministry of Construction is planning to sell its stake in Vicem through an initial public offering in the fourth quarter of 2016. The cement producer has said previously that the state is planning to reduce its holding to 51%. Investors from Indonesia and Thailand have expressed interest in acquiring stakes in Vicem, according to the Dau Tu newspaper.

Vicem, previously known as the Vietnam Cement Industry Corporation, has stakes in 31 companies, mostly cement producers and distributors. Its gross profit reportedly doubled last year to US$105.2m in 2015. It currently controls 34% of the market in Vietnam.

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.

Vietnam: Vietnam Construction Material Company (VCM) has inaugurated a cement plant for its StartCemt brand in Dong Nai. VCM also operates a 5000t/day integrated cement plant at Van Hoa, Quang Binh and three cement grinding plants in the south of the country. VCM currently sells over 200,000t/month of clinker and 40,000t/month of StarCemt cement.The StarCemt brand was established on 1 May 2015.

Vietnam: Long Son Company has ordered a cement grinding mill from Loesche for its Dong Son Bim Son cement plant. The order is part of a contract with Sinoma-NCDRI. The contract includes a type LM 56.4 Loesche mill with a performance of 520t/hour. It will grind cement to a fineness of 12% R DIN 0.09mm. The gearbox of this mill has a power output of 3600kW.

Vietnam: Loesche has signed a contract with Sinoma-NCDRI for three mills to be supplied for Thanh Thang Cement in Bong Lang, Ha Na. A type LM 60.6 Loesche mill with a performance of 520t/hour as a reliable unit has been ordered to grind cement to a fineness of 12% R DIN 0.09mm. The gearbox of this mill has a power output of 4600kW. Two separate type LM 53.3+3 CS Loesche mills with a performance of 200t/hour will be in use to grind clinker to 3400 Blaine. The gearboxes of these two mills each have a power of 4,600 kW.

The scope of delivery for this order also includes rotary feeders, water injection, metal detectors and sealing air fans. All three mills are to be put into operation by October 2016.

Vietnam: LafargeHolcim is considering leaving Vietnam due to oversupply of cement in the local market, according to Nguyen Cong Bao, general director of Holcim Vietnam. The company met with the Ministry of Construction to notify it of its forthcoming business plans in Vietnam. Bao’s statement was reported by the Dau Tu newspaper.

The cement producer has five cement plants with a production capacity of 6Mt/yr, making it the largest manufacturer in the country. It also operates eight ready-mixed concrete plants. The Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, holds a 35% stake in Holcim Vietnam. LafargeHolcim retains the brands of Lafarge and Holcim’s products including Lavilla (Lafarge) and Holcim Power-S. Holcim Vietnam holds 26% of the domestic market and Lafarge Vietnam holds 12% of the market.

Vietnam: Ha Tien 1 Cement has said that its net profit fell by 48% year-on-year to US$5.86m in the first quarter of 2016. It blamed the drop in profit on currency variations. Its net revenue rose by 9% to US$78m in the period.

Vietnam: Prime Minister Nguyen Xuan Phuc has agreed to add the Thaicement Ha Tien plant in Kien Giang to a portfolio of projects to be invested in the 2011-2020 period with a vision to 2030. The cement plant will have a production capacity of 4.5Mt/yr.

Nguyen has assigned the Ministry of Construction and People’s Committee of Kien Giang province to conduct a survey and exploration of limestone and clay deposits and present it to the National Mineral Reserves Councils for approval before granting an investment license. He also requested the relevant agencies to assess the financial capacity of the investor, which must be able to provide at least 20% of the project’s total investment under current regulations.

The Ministry of Construction has forecast that Vietnam's sales of cement and clinker will rise by 4 - 7% year-on-year to up to 77Mt in 2016 despite economic problems.