Vietnam’s cement + clinker exports -12.9% in Nov. 2024
In November 2024, Vietnam’s cement and clinker exports declined by -12.9% to 2.179 Mt, after 2.502 Mt in November last year and 2.540 Mt in the year before.
In November 2024, Vietnam’s cement and clinker exports declined by -12.9% to 2.179 Mt, after 2.502 Mt in November last year and 2.540 Mt in the year before.
Vietnam’s Ministry of Construction (MoC) projects a 2-3% growth of the cement industry output of the country in 2025. The domestic cement consumption is expected to grow to 60-65 Mta, while the exports (which include cement and clinker) are expected…
In the first 10 months in 2024, Vietnam’s cement production declined by -1.8% to 64.1 Mt, after 65.4Mt in the same period last year and 67.1 Mt in the year before. Please be aware that in some of the official…
Thailand-based Siam Cement Group (SCG) announced the expansion of its low-carbon cement production in Southern Vietnam. The product reduces CO2 emissions by up to 20%, compared to standard cements, through the use of renewable energy, alternative fuels, a reduced clinker…
To date, in the first 9 months of 2024, Vietnam achieved cement & clinker exports, which are with 22.6 Mt ‘only’ -22.9% below the complete exports in 2023, which were 29.3 Mta, despite the declining export markets to China.
In the first half of 2024, Vietnam’s cement consumption declined by -5.0% to 27.050 Mt, after 28.476 Mt in the same period last year and 31.996 Mt in the year before.
Despite the large cement overcapacity in Vietnam, the Tanh Thang Cement Group ignited its new 6000 tpd kiln line in Ha Nam. This kiln line is able to produce up to 2.3 Mta cement, it has a 5-stage precalciner and…
Dai Duong Cement, a member of the OIC Group, ignited its 2nd production line in the Tan Truong Commune, Nghi Son Economic Zone in Vietnam. The groundbreaking for the cement plant complex has been in October 2020. First kiln line…
In the first 4 months of 2024, Vietnam’s cement & clinker exports increased +5.2% to 10.89 Mt, after 10.35 Mt in the same period last year. Cement exports increased by +3.1% YoY, while clinker exports increased by +8.7% YoY.
The cement industry in Vietnam is struggling, several plants operate at low capacity utilisation. Vietnam’s rated cement capacity is 122.3 Mta, however 4 lines with 11.4 Mta capacity have not been started yet, while they have to service debts. The…