LafargeHolcim may withdraw from Vietnam

Due to an oversupply of cement in Vietnam, it is being reported that there is a possibility that LafargeHolcim Group may exit from the country. It is estimated that the production of cement in the country is 81.56 million tonnes, while in 2016, consumption demand for cement is between 75 million tonnes and 77 million tonnes.
April 28, 2016 Read time: 1 min

Due to an oversupply of cement in Vietnam, it is being reported that there is a possibility that 8161 LafargeHolcim Group may exit from the country.

It is estimated that the production of cement in the country is 81.56 million tonnes, while in 2016, consumption demand for cement is between 75 million tonnes and 77 million tonnes.

In the coming three weeks, detailed plans will be available.

The overseas market of LafargeHolcim is being restructuring, including Vietnam.

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