Siam Cement considers Vietnam plant

From January to November 2015, Vietnamese exports of cement and clinker fell short of the 20 million tonnes targeted for full year 2015 at 15 million tonnes, a 27% decline year-on-year.

This comes following increased competition from China and weaker international demand for Vietnamese cement, as well as the increasing cost of supplies.

Vietnam exported 21 million tonnes of 70.6 million tonnes of total cement output in 2014.

Semen Indonesia will next year to set up a new €219.6 million cement plant in Vietnam, according to the Jakarta Post. The new plant will serve the Vietnamese domestic market and export to Myanmar, Laos, Cambodia and Singapore. Construction of the new plant is said by the newspaper to be earmarked to begin in early 2015. It will produce 1.5 million tonnes/cement annually.

In a further development at Semen Indonesia, a state-run cement maker, the firm has also reportedly entered into an offtake deal with T

It is projected that Vietnam clinker and cement consumption will reach 71 million – 73 million tonnes in 2015, a climb of 4% to 7% on the forecasted 2014 figure. Of the 73 million tonnes, around 52 million-53 million tonnes is expected to be used nationally with the remainder exported. It is estimated that Vietnamese cement consumption will reach 68 million tonnes in 2014, a climb of 3% from a year ago.

During January to October 2014, 56.54 million tonnes of clinker and cement were sold by Vietnam cement

FLSmidth has signed an EP (Engineering and Procurement) contract at a value of approximately DKK 255 million (€34.24 million) with the Vietnamese cement producer Tan Thang Cement Joint Stock Company for the supply of main equipment to a greenfield cement plant in Vietnam. The plant will be located in the Nghe An province, approximately 300km south of the capital Hanoi.

The order includes all the main equipment from raw mill grinding to clinker silo, as well as a coal mill installation, civil design,

The cement industry in Vietnam is projected to report a yearly output capacity of 81.56million tonnes across 76 production lines by end-2015, disclosed the Ministry of Construction.

Meanwhile, consumption for the commodity in 2015 is predicted to increase by between 1.5% and 2% year-on-year to a range of 72 million to 74 million tonnes comprising 19million to 20million tonnes in foreign markets and between 53million and 54million tonnes in the domestic market.

The total volume of cement consumed in Vi