Wednesday, September 15, 2010

VIETNAM: Cement consumption reduced

Corporation, Vietnam National Cement Industry (Vicem) said that cement consumption is lower than the same period last year, about 2.4% against the effects of weather, rain storms occur in Northern and Central. 

In August, except the Tam Diep Cement up 7.8%, most of Vicem units are not achieving the target consumption. From the day 11-8, Vicem units of the adjustment reduced the price of watershed 10,000 per ton to increase consumption. However, the market share of 1.1% Vicem reduction over the same period. However, if the top five overall, the total consumption of products Vicem reached 11.5 million tons, up 5% compared with 60% in 2009 and annual plan. In which Ha Tien 1 Cement, Hai Phong, Bim Son, Tam Diep's increase. On the market, cement consumption is estimated at 31.2 million tonnes, of which the joint venture contributed 9.7 million tons, other units of 10.1 million tons ... Thus the increase of Vicem lower than the increase of 1.8% of the market. 

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