24-25 Oct, 2017 - Hanoi, VIETNAM
Pan Pacific Hanoi
Pan Pacific Hanoi
"Innovate & Position for growth in Asia"
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“Thailand’s Siam City Cement Group wants to expand investment in the production and supply of construction materials and waste treatment in Vietnam’s southern Dong Nai Province, according to its local CEO Philippe Richart” 8/8/17, www.globalcement.com
According to the Vietnam Cement Association, total cement production capacity in the country reached 86 million tons this year, while its local demand was at 60 million tons. Vietnam Cement Association predicted an oversupply of nearly 50Mt/yr by 2020. To help ease the oversupply in the domestic market, Vietnam Ministry of Planning and Investment (MPI) has proposed a reduction in its cement export tax which is currently set at 5%. If the export tax is removed, hopefully it can become more competitive compared to neighboring Chinese, Indonesian, Thai and Japanese cement players.
Where are the demand targets ? Are Sri Lanka, Bangladesh, Australia, Cambodia, Nepal the solution to relieve the surplus capacity? Or further away to Africa or even South America?
“Peru and Sri Lanka have emerged as potential markets for Vietnamese cement and clinker, reporting remarkable import growth in the first quarter of 2017. 2/5/17, http://www.en.vietstock.com.vn/
Cement industry is a very carbon-intensive business and cement manufacturers are under increasing pressure to modify their business strategies and production process to reduce their carbon footprint and work towards a sustainable and efficient business. What innovative technologies are available and their economics given a challenging economic climate ahead? Is the market ready for green cement?
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Attend CMT’s 19th Asia Cementrade Summit in Hanoi on 24-25 Oct this year to gain insights on the latest demand/supply balance. Network with industry experts and find out more!
ACT now! Register with your team at http://www.cmtevents.com/ to enjoy group discount! |
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Nawalparasi, is a district in Nepal is attracting a lot of investments from cement manufacturers from China, India and Africa. Already it is home to 5 cement factories running on high capacities.
Some of the key cement factories on the district are CG Cement, Sarvottan Cement, Palpa Cement. Last year, Hongshi Shivam Cement of Nawalparasi produced 6,000 tonnes of cement daily during winter. It aims to double its output within two years with infrastructure improvements. Hongshi Shivam is expected to receive investments from Chinese and Nepali investors worth Rs. 36 billion.
Other cement producers from the district also have expansion plans – Hiranganj Cement plans to expand its capacity from 1,200 tonnes per day to 1,800 tonnes per day, CG Cement to double capacity from 1,200 tonnes per day to 2,400 tonnes while Palpa Cement aims to produce 2,000 tonnes of cement daily.
Nawalparasi is also slated to gain from investments from India’s Reliance, Nigeria’s Dangote and China’s Houchin Construction – all three have already begun purchasing land in the district to build cement factories.
There are quite a few reasons why Nawalparasi is favoured by cement producers. Firstly, Nawalparasi shares border with Palpa – that contains the largest limestone mine in Nepal. Most of the cement factories in Nawalparasi are a mere 30-35 kilometres away from Palpa – which makes procuring their primary raw material easy and quick. Secondly, Nawalparasi is also close to the Indian border enabling raw materials imports further easy and cost-effective. A third factor that make this Nepalese district a hub of cement factories is the fact that the price of land is much affordable compared to other areas like Rupandehi, Chitwan or Makwanpur. Plus, land is also in abundance.
Additionally, there are fewer problems with locals as the factories are located much outside the residential quarters. Plus, these factories use modern technology that reduces noise and air pollution, which helps secure local support.
Find out more at CMT’s 19th Asia CemenTrade Summit on 24-25 October, 2017 in Hanoi.
Contact Ms. Grace at grace@cmtsp.com.sg or call +65 6346 9147 for more details.
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02 Oct, 2017
Bangladesh based Aman Group recently inaugurated the second unit of its cement mills in Narayanganj at the group's economic zone in Sonargaon. With the new addition, Aman Group has established themselves as one of the top construction material producers in Bangladesh.
With a production capacity of 10,000 tonnes daily and 35 lakh tonnes annually, the new cement factory is said to be the single largest production factory in the country as per the Group.
The new unit boasts of using the most advanced German technology in cement production – which includes ultra-modern vertical roller mill.
Rafiqul Islam, chairman and managing director of Aman Group said that Aman Group uses raw material for the factory from the best source in the world.
Bangladesh has about three dozen cement manufacturers with an installed production capacity of 3.5 crore tonnes annually against its local demand for two crore tonnes.
Find out more at CMT’s 19th Asia CemenTrade Summit on 24-25 October, 2017 in Hanoi.
Contact Ms. Grace at grace@cmtsp.com.sg or call +65 6346 9147 for more details.
15 Aug, 2017
Vietnam that is recording nearly 7% annual growth is among Thailand’s Siam Cement key destinations for investments. Siam Cement recently struck a deal of $156 million to acquire the entire stake in Vietnam Construction Materials, which runs a number of cement production and grounding plants across several locations in Vietnam. The move is expected to boost Siam Cement’s overseas production capacity by 40%.
The newly acquired cement facilities in Vietnam has a total capacity at 3.1 million tons – which will be Siam’s largest production base outside Thailand.
Siam Cement has also invested in other ASEAN countries that includes - cement plants in Cambodia, Indonesia and Myanmar. It is running trials at a new plant in Laos, expected to commence operations in 2017. This new plant is likely to raise the group's capacity abroad to 10.5 million tons, or nearly half of the 23 million tons it boasts at home.
Acknowledging there is oversupply in ASEAN cement markets, Siam Cement stresses on investments in the area of “mergers and acquisitions" only.
The company also operates a packaging plant in Vietnam through a JV with the Japanese Trade Union Confederation, or Rengo.
It also recently acquired an additional stake in the planned Long Son petrochemical complex in southern Vietnam from Qatar Petroleum.
More about cement markets in Vietnam and ASEAN will be discussed at 19th Asia CemenTrade Summit on 24-25 October, 2017 in Hanoi.
Contact Ms. Grace at grace@cmtsp.com.sg or call +65 6346 9147 for more details.
13 Jun, 2017
