
Xuan Son Cement is a new player in Vietnam’s cement industry, launching a new 2.3 Mta (3.5 Mta) cement plant in Ngoc Luong commune in the Hoa Binh province. The plant project (illustration), developed by Xuan Khiem Group, was approved by the Prime Minister under document No. 11337 issued on December 12, 2019, with a total investment of nearly 5 trillion VND (US$ 196.28m) and started in February this year. The state-of-the-art production line is using the most advanced technology available, consuming less than 680 kcal/kg of clinker and less than 71 kWh electricity/t of cement. Xuan Son intends to become the leading ‘green’ cement brand in Vietnam with a capacity exceeding 5.0 Mta by 2030. However, Vietnam has a huge cement overcapacity and the utilisation rate is only 61.3% of the design capacity.