Friday, January 21, 2011

VIETNAM: Cement sales up 10%



HA NOI - Cement consumption in Viet Nam is expected to increase by nine to 10 per cent to 56 million tonnes this year, according to the Ministry of Industry and Trade.

During the year, about 12 new cement plants will come into operation with a total estimated yield of 10.18 million tonnes per year.

Nguyen Van Diep, an official of the Viet Nam Cement Association, said the new operations would lift total cement production to more than 60 million tonnes, providing four million tonnes for export.

As for prices, Diep said that they would remain the same until Tet (Lunar New Year). "After that, however, the price will depend on the price of coal and electricity," Diep said.

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