Vietnam records an increase in cement consumption
Published by Rosalie Starling,
Editor - Hydrocarbon Engineering
World Cement,
According to data from the Vietnam National Cement Association (VICEM), domestic cement consumption increased by 9.3% y/y to 20.42 million t in the first five months of 2014. Furthermore, in May 2014, cement consumption in Vietnam rose by 12% y/y to approximately 4.87 million t. Nguyen Quang Cung, Chairman of VICEM, predicted that the domestic cement consumption would reach 50 million t this year.
Vietnam also witnessed an increase in exports, shipping around 7 million t of cement in the first five months of the year period, a 42% y/y increase compared to the same period in 2013. In addition, some 2 million t of cement and clinker was shipped in May 2014. Nguyen Quang Cung noted that cement exports are anticipated to reach 20 million t this year.
Edited from various sources by Rosalie Starling
Read the article online at: https://www.worldcement.com/asia-pacific-rim/16062014/vietnam_records_increase_in_cement_consumption_357/
You might also like
The World Cement Podcast
In this special joint episode of the World Cement Podcast, and Cementing Europe’s future, the podcast of CEMBUREAU, David Bizley and Koen Coppenholle take a deep dive into the Clean Industrial Deal and a discussion of what it means for the European cement industry.
Listen for free today at www.worldcement.com/podcasts or subscribe and review on your favourite podcast app.
Shaping The Future Through Shredding
Gary Moore, UNTHA Shredding Technology GmbH, highlights the global momentum behind alternative fuels and the role of advanced shredding in shaping cement’s low-carbon future.
