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
Cemex to divest its operations in the Philippines
Cemex has announced that its subsidiary, Cemex Asia B.V., has signed an agreement with DACON Corporation, DMCI Holdings, Inc. and Semirara Mining & Power Corporation for the sale of its operations and assets in the Philippines.
