Pan Pacific Hanoi
"Innovate & Position for growth in Asia"
“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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Be a Sponsor or Exhibitor! |
This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive Luncheon & Cocktail sponsor.
For Sponsor please contact fiona@cmtsp.com.sg or (65) 6346 9138
For Exhibition please contact grace@cmtsp.com.sg or (65) 6346 9147
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