Southeast Asia Cement Expansion Projects Placed on Hold

MANILA--August 31, 2023--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.