But Son Cement JSC on Thursday started construction of a project to take advantage of excess heat from exhaust gas of line 1 and line 2 for electricity generation in the northern province of Ha Nam’s Kim Bang District.
Currently, alternative fuels made from waste materials account for between 20 per cent and 30 per cent of the company'' total fuel, helping it save billions of dong each year while reducing nearly 133,000 tonnes of CO2 emissions to the...
Cement maker Vicem But Son planned to sell 4 million tonnes of products to the market in 2022, aiming to become a leading cement manufacturer and supplier in Viet Nam and Southeast Asia.
The pre-equitisation valuation of the Viet Nam Cement Industry Corporation (Vicem) done by the independent auditor was off by nearly VND1.17 trillion (US$50.3 million).
Covering 60ha in the province’s Hoàng Mai 2 Industrial Zone, the factory has a designed production capacity of three million tonnes of cement per year.
Viet Nam Cement Industry Corporation (VICEM) targets a net revenue of VND40 trillion (US$1.72 billion) this year, a level that would mark a year-on-year increase of 10 per cent.
Cement and clinker consumption in the country grew over 15 per cent, to
24 million tonnes, from the beginning of this year, meeting 32 per cent
of the year''s target.
General Director of the Viet Nam Cement Industry Corporation (VICEM)
Tran Viet Thang has asked member cement companies to boost domestic
consumption by at least 10 per cent this year.
Viet Nam should have a long-term strategy to make cement a large-scale
and high-value export product to give a boost to the country''s export
revenue, said Deputy Minister of Construction Nguyen Tran Nam.
Viet Nam has had an over-supply of cement in the domestic market during
the past two years, resulting in many enterprises exporting their
stockpiled cement.