Vietnam’s cement consumption -5.0% in 1H 2024
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.
Tag Vietnam
Vietnam’s Tanh Thang ignited new 6000 tpd line
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…
Vietnam’s Dai Duong Cement with 2nd production line
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…
Vietnam’s cement & clinker exports +5.2% 4M 2024
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.
Three major problems of Vietnam’s cement sector
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…
Vietnam’s cement dispatch down -5.2% in 4M 2024
In the first 4 months of 2024, Vietnam’s cement dispatch declined by -5.2% to 23.73 Mt, after 25.03 Mt in the same period in last year, although the cement exports even have increased.
Vietnam’s cement & clinker exports in 1.Q 2024
In the first quarter of 2024, Vietnam’s cement and clinker exports increased +2.3% to 8.035 Mt, after 7.856 Mt in the same period last year. Large increases of 22.1% were from Bangladesh, which has become the No.1 export country with…
Vietnam’s Long Son Cement expands grinding capacity
Long Son Cement, which is located in the Thanh Hoa province in the Middle of Northern Vietnam, has received the approval for their cement grinding project. The project for GU2 dates back to 2019 and foresees an expansion of the…
Vietnam’s cement consumption declined by -8.2%
According to preliminary figures, in 2023 Vietnam’s annual cement consumption declined by -8.2% to 57.083 Mta, after 62.2 Mta in 2022 and 62.7 Mta in 2021. The per capita cement consumption (PCC) declined from 626 kg in 2022 to 573…
Progress by Fico-YTL on Tay Ninh Cement in Vietnam
Fico-YTL, which is a subsidiary of the Malayan YTL Group, will go ahead with its plan for a new 4000 tpd kiln line 2 in Tay Ninh in Vietnam. The capacity of the new kiln of Fico Tay Ninh Cement…