5:01:06 PM | 4/10/2007
Vietnam Machinery Installation Corp. (Lilama) and two foreign companies September 30 kicked off construction of a VND1.4 trillion (US$91.8 million) cement factory in the central Nghe An province, state media said Tuesday.
The facility is in compliance with a deal recently inked by Lilama, Denmark’s Consultancy Company on Construction of Building Materials Projects and FLSmidth & Co. A/S.
The facility set for completed by end 2009 will use reverter-furnace technology with capacity to grind 2,500 tons of clinker a day to produce 900,000 tons of cement a year, said a Lilama official.
In the first nine months, the country is estimated to produce 24.3 million tons of cement, up 11.8 per cent on-year, the General Statistics Office said.
Vietnam sets the target to become the biggest cement producer in the ASEAN region by 2010, said Nguyen Ngoc Thien, chairman of the Vietnam Cement Association. Thien stressed his country will have a 10-12 million ton cement surplus in 2010-2012. (Vnanet)