Vietnam: The Vietnamese Prime Minister Nguyen Xuan Phuc has asked the Ministry of Construction and VICEM to report on the country’s excess cement capacity, which is set to reach 25-36Mt/yr by 2020.

The latest statistics from the Ministry of Construction’s Building Material Department show that cement consumption was approximately 45Mt in the first half of 2018, a rise of 30% year-on-year compared to the same period of 2017, and more than 50% of the year’s plan.

The sector’s capacity is 110Mt/yr, including the volume from plants expected to be built in 2018. Aside from that, existing plants have kept improving technology so their production capacity might reach 120-130Mt/yr by 2020.

Three large projects with the total capacity of 10Mt/yr were put into operation in the past 12 months. In 2019 many more projects are expected to come into operation, with a total new capacity of 12Mt/yr coming online.

India: The employees union of state-owned Meghalaya Cherra Cement has given the government two weeks to pay back salary from 2015 to 2016 and overtime payments since 2013. Union president S Diengdoh criticised the state-owned plant for poor management and low production, according to the Sentinel newspaper. The union alleges that the plant has an utilisation rate of only 30% and poor levels of safety.

Saudi Arabia: Cement despatches dropped by 5.4% year-on-year to 37.3Mt in the first 10 months of 2018 from 39.4Mt in the same period in 2017. The local industry’s utilisation rate has declined in consecutive months since October 2017 to just 54.8% in October 2018, according to Aljazira Capital. At the same time clinker inventories increased by 1.6% month-on-month to 41.6Mt in October 2018.

Honduras: Cementos Argos and Cementos del Norte have agreed to cut the price of cement for government-backed reisdential and infrastructure projects following a request by President Juan Orlando Hernández, according to the El Heraldo newspaper. The price will fall by around 15% when the agreements between the cement producers and the government is finalised.