Vietnam is forecast to export 1.5 million tons of cement in 2011, increasing 0.5 million tons from 2010, the the online newspaper Communist Party of Vietnam reported on February 8, citing the Vietnam National Cement Association.
Vietnam will have additional 12 cement plants starting to operate this year and contributing cement capacity to 10.18 million tons, Nguyen Van Diep, an office manager of the Vietnam National Cement Association said.
The country’s cement output is expected to reach nearly 60 million tons in 2011. Meanwhile, the cement consumption is forecast to rise 10% from 2010 to between 55-56 million tons.
“The extra volume will make local traders find markets for exports,” said Diep.