Cementing big sector’s future

The prime minister has enacted a key decision approving Vietnam’s cement industry development for 2011-2020 with a vision towards 2030.
In light of Decision 1488, Vietnam must finalise conversing cement production technology from current shaft-kin into rotary kiln by late 2015.
The decision reads that new cement projects with equipment supply contracts signed after the date Decision 1488 came into force on August 29, 2011 with burning capacity of at least 2,500 tonnes of clinker per day are required to pump capital into a specialised equipment line to help make use of waste gas and heat for power production. This is except for cement production lines using industrial and residential waste as fuel.
Ongoing cement plants and cement investment projects which have signed equipment provision contracts before August 29, 2011 must have in place an equipment line using waste gas and heat for power generation before 2015.
Cement plants with a burning capacity of less than 2,500 tonnes of clinker per day are encouraged to invest in such system for power generation.
Besides, Decision 1488 also regulates priority would be given to investing in cement projects in southern areas, areas with favourable conditions in terms of material provision, areas with good potential for industrial development and with convenient transport conditions.
Investment should be restricted in areas with hardships to material access and which would badly affect cultural relics and tourism development.
Cement demand forecast for 2011 is 54-55 million tonnes, increasing to 75-76 million tonnes by 2015 and 93-95 million tonnes by 2020. It would be around 113-115 million tonnes by 2030.
Around 32 cement plants will come online from 2011-2015, 22 cement projects proposed to come on stream from 2016-2020 and six others set investment orientations from 2021-2030.

Tags: Vietnam cement, Vietnam cement industry

Posted by VBN on Sep 1 2011. Filed under Cement. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry