11 January 2021
Vicem launches 2021 cement targets 11 January 2021
Vietnam: The Vietnam National Cement Corporation (VICEM) aims to increase cement production by 1% year-on-year to 22Mt in 2021. The Viet Nam News newspaper has reported that the company is targeting a sales increase of 7% to US$1.5bn and a profit increase of 13% to US$99m. The company says that it expects domestic cement consumption to rise by 5% to 30Mt.
The group has set out six solutions by which to achieve its goals: continue to ‘optimise and improve production capacity’ through promoting research and application of advanced science and technology, focus on ‘investment in depth,’ reduce consumption, use resources economically and reduce environmental impacts throughout the supply chain.
VICEM chair Bui Hong Minh said, “Implementing the comprehensive restructuring project of the corporation in the period of 2019 - 2025 approved by the Ministry of Construction, VICEM is focussing on promoting innovation and creativity to bring new development space and motivation to the Bim Son Cement unit in particular and the cement industry in general.”
In 2020 VICEM increased its full-year profit by US$30m.
Research organisation predicts end of export growth and rise in domestic demand in Vietnam in 2021 11 January 2021
Vietnam: Vietnamese cement export growth is forecast to slow in 2021. The Viet Nam News newspaper has reported on research by SSI Research that expected exports to remain stable due to high infrastructure spending in China, but that growth is unlikely due to the full recovery of Chinese domestic cement supply in 2020. SSI Research forecasts a total 2021 cement and clinker sales growth of 2% year-on-year to 104Mt from 102Mt. It predicts a 5% - 7% increase in domestic sales. The country’s installed cement production capacity is due to rise by 7% or 7Mt in early 2021.
Steppe Cement updates on full-year 2020 performance 11 January 2021
Kazakhstan: Steppe Cement increased its full-year sales by 1% year-on-year to US$73m in 2020 from US$72m in 2019. Its cement sales fell by 4% to 1.6Mt from 1.7Mt, and its exports rose by 30% to 0.2Mt. Domestic demand rose by 6% to 9.4Mt from 8.9Mt. Steppe Cement’s market share fell to 15%.
Kazakhstan’s overall cement exports rose by 25% in 2020 to 2.0Mt from 1.6Mt. Imports fell by 14% to 0.6Mt from 0.7Mt.
Hama Cement sells over 1Mt of cement in 2020 11 January 2021
Syria: The General Company for Cement and Building Materials in Hama central province (Hama Cement) recorded cement sales in excess of 1Mt in 2020. Clinker sales were 0.7Mt. Syrian Arab News Agency (SANA) has reported that the total value of sales was US$96m. The year included the beginning of concrete paving slab production at the company’s plant.
The company said that 2021’s tasks consisted of improving the technical specifications of the product and producing new cement types, modernising equipment, developing workers’ skills and diversifying investments.
Société des Ciments de Hamma Bouziane and Société des ciments de Ain El Kebira plan 50,000t West African cement export operation 11 January 2021
Algeria: Groupe des Ciments d'Algérie (GICA) subsidiaries Société des Ciments de Hamma Bouziane (SCHB) and Société des Ciments de Ain El Kebira (SCAEK) are planning to export 50,000t of cement to West Africa. The L’Expression newspaper has reported that SCHB will supply 35,000t of the cement, and SCAEK will supply the remainder. SCHB produced 0.8Mt of cement in 2020.