wiki globe

Posts Tagged ‘cement’

Work begins on VN’s biggest cement project

In Uncategorized on May 20, 2010 at 5:12 pm

Work begins on VN’s biggest cement project

QĐND – Thursday, May 20, 2010, 21:1 (GMT+7)

Kinh Bac Urban Development Corp and its affiliate Sai Gon – Tan Ky Cement Joint Stock Co began construction of a 1.5 billion USD cement industrial zone on May 19 in the central province of Nghe An.

Occupying a 600ha area in Tan Long Commune, the Sai Gon – Tan Ky cement industrial zone will be the country’s largest of its kind and is expected to churn out 14 million tonnes of cement annually when fully operational.

The zone’s first phase, costing 1.5 trillion VND (78.9 million USD), will take six years to complete.

“The new zone will supply large quantities of cement for major construction projects, particularly in Laos . It will help the company reduce investment costs and become more competitive,” the company said in its latest press release.

According to the General Statistics Office, in March the country produced 4.09 million tonnes of cement. Cement production in the first quarter of the year hit 11.13 million tonnes, 1.15 million tonnes more than the same period last year. Meanwhile, demand increased by 6.4 percent against the same period last year, reaching 10.27 million tonnes.

The country now has 105 production lines with an annual capacity of more than 61 million tonnes.

However, domestic demand this year is expected to be between 48 million and 50 million tonnes, resulting in a huge surplus.

Industry experts said domestic cement firms would find it difficult to break into major markets such as the US and the EU, which have extensive high-tech infrastructure already in place and a lower demand for cement.

The US and the EU also have high quality standards that many Vietnamese cement firms are unable to meet.

Africa and developing countries with poor infrastructure offer the most potential for Vietnamese exporters, industry experts have said.

Source: VNA

Source: QDND

Construction of Hai Phong Cement Urban zone begins

In Vietnam Society on December 26, 2009 at 12:23 pm

Ground was broken for a mixed-use urban zone in the northern city of Hai Phong December 24 at a ceremony attended by Deputy Prime Minister Hoang Trung Hai.

Deputy Prime Minister Hoang Trung Hai (2nd L) breaks ground Work for the mixed-use Hai Phong Cement Urban zone December 24

The Hai Phong Cement Urban Zone is estimated to cost VND29 trillion (US$1.5 billion).

Mr. Hai said the project comes on the 110th anniversary of the establishment Hai Phong Cement and 30th anniversary of the Vietnam Cement Corporation establishment.

The 78.5 hectare urban area is located on the Cam River near Highway No.5, the Hanoi – Hai Phong railroad route, and water and air transport facilites.

The zone will consist of 3,200 housing units in two 35-story towers, a five-star hotel, shopping centers, offices, and parks.

Source: SGGP Bookmark & Share

Taiwan’s cement factory thrives in central

In Uncategorized on August 4, 2008 at 3:40 pm

A wholly Taiwanese owned cement factory in central Thua Thien-Hue province has been allowed to raise its total capacity to 4 million tonne per year.

The factory will invest 130 million USD in assembling a 5,000-tonnes-of-linker-per-day production line to reach the target.

The factory’s products, named Kim Dinh, were sold throughout provinces and cities from the central Quang Binh province to Ho Chi Minh City.

These products were mostly used for transportation and irrigational works and sold well in central provinces as well as in the Lao market.

Its products were also used for some large-scale construction works of the Song Da 6 company.-