[Original] Vietnam's Cement Exports Increase

2013-12-20 13:45:23

In the past 11 months of 2013, Vietnam exported 12.45 million tons of cement and clinker, accounting for nearly 63% of the year-on-year growth.

In the past 11 months of 2013, Vietnam exported 12.45 million tons of cement and clinker , accounting for nearly 63% of the year-on-year growth.

Tran Van Huynh, chairman of the Vietnam Building Materials Association (VCMA), said that because of the low price of cement in Vietnam and some neighboring countries , there is a surplus of cement stocks, so exports are the most effective way to solve this problem.

In the first 11 months of Vietnam, total cement sales increased by nearly 13% year-on-year to 55.17 million tons.

The Ministry of Construction estimates that sales of the cement sector this year are likely to reach 60.5 million tons, an increase of 4.5 million tons over the expected target of 56 million tons.

VCMA estimates that domestic demand for cement will decrease from an estimated 75-76 million tons to 60-65 million tons by 2015.

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Correlation

[Original] Vietnam Will Increase Exports to Ease Domestic Overcapacity

In order to alleviate domestic overcapacity, sluggish demand and severe market situation, Vietnam's cement producers will give priority to exports in 2014. It is estimated that the excess capacity will reach 8 to 12 million tons in 2014.

2014-02-14 14:24:12

[Original] Vietnam's Cement Exports Increase

In the past 11 months of 2013, Vietnam exported 12.45 million tons of cement and clinker, accounting for nearly 63% of the year-on-year growth.

2013-12-20 13:45:23

CEMPI

102.2

-0.27 -0.26%

CONCPI

90.90

-0.14 -0.15%

CLKPI

110.80

-0.91 -0.81%

SPPI

45.04

-0.01 -0.02%

MORPI

73.32

0.00 0.00%

Gezhouba Songzi Cement 4000t/d clinker production line supplements 2166t/d production capacity

On November 11, the Economic and Credit Department of Hubei Province issued the Announcement on the Replacement Scheme of Supplementary Capacity for the 6166-ton Cement Clinker Production Line Project of Gezhouba Songzi Cement Co., Ltd. According to the Announcement, the 4000t/d clinker production line of Gezhouba Songzi Cement Co., Ltd. will supplement the production capacity of 1666t/d + 500t/d, totaling 2166t/d. After the supplement, the total production capacity of the production line will reach 6166 t/d.