Southeast Asia Cement Expansion Projects Placed on Hold

Researched by Industrial Info Resources (Sugar Land, Texas)--Vietnam and Indonesia are grappling with underutilized cement and clinker plants due to subdued domestic consumption and elevated production costs, which are impeding demand in the region. In Vietnam, an imminent oversupply challenge has prompted cement manufacturers to export their products abroad, leading the government to shelve intentions for new clinker capacity. In Indonesia, mounting production expenses and energy costs, coupled with heightened concerns about the environmental footprint of cement production, have led the government to temporarily halt planned grassroots projects. Given the testing market conditions, both nations are deferring capacity expansion initiatives.

Projects placed on hold include Cong Thanh Group's (Tinh Gia, Vietnam) basalt grinding mill addition in Tinh Gia. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for more details on this and other projects.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).