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Released February 06, 2014 | MANILA, PHILLIPINES
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Researched by Industrial Info Resources (Sugar Land, Texas)--A new decree on energy saving and efficiency in Vietnam is expected to spur the construction of about a dozen waste-heat power projects at a cost of about $210 million during the next four years. According to the Ministry of Construction, cement plants that feature kilns with 2,500-ton-clinker-per-day capacities are required to install waste-heat generating systems under Decree 21/01/ND-CP.
The decree was introduced on January 28, 2013, in a bid to reduce power use in energy-intensive industries like cement production. The government estimates that 200 megawatts (MW) worth of waste-heat power stations would result in about 20% in power savings.
To date, Vietnam is expected to generate 95 MW of waste heat from about 15 cement factories that fall under the specified capacity.
Investing $20 million, Chinfon Cement Corporation (Thuy Nguyen, Vietnam) is reported to be the first company to support the decree, and is developing one of the country's largest waste-heat power stations, which is expected to generate 12 MW at its Hai Phong cement plant.
Vietnam's largest cement manufacturer, Vietnam Cement Industry Corporation (Vicem) (Hanoi, Vietnam), also will support the decree and plans to build a 12-MW waste-heat power plant worth $29 million at its Bim Son cement plant, and another six-MW project worth $12 million in its Hoang Thach cement plant.
Tap Doan Cong Thanh (Ho Chi Minh, Vietnam), also known as the Cong Thanh Group, will spend $20 million to build a waste-heat project with a capacity of 11 MW at its Cong Thanh cement plant.
View Project Report - 300146320 300137599 300136935 300136022 300145888 300149889 300146730 300147640 300137974 300138138 300145836 300149523 300148028 300146743 300139977
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
The decree was introduced on January 28, 2013, in a bid to reduce power use in energy-intensive industries like cement production. The government estimates that 200 megawatts (MW) worth of waste-heat power stations would result in about 20% in power savings.
To date, Vietnam is expected to generate 95 MW of waste heat from about 15 cement factories that fall under the specified capacity.
Investing $20 million, Chinfon Cement Corporation (Thuy Nguyen, Vietnam) is reported to be the first company to support the decree, and is developing one of the country's largest waste-heat power stations, which is expected to generate 12 MW at its Hai Phong cement plant.
Vietnam's largest cement manufacturer, Vietnam Cement Industry Corporation (Vicem) (Hanoi, Vietnam), also will support the decree and plans to build a 12-MW waste-heat power plant worth $29 million at its Bim Son cement plant, and another six-MW project worth $12 million in its Hoang Thach cement plant.
Tap Doan Cong Thanh (Ho Chi Minh, Vietnam), also known as the Cong Thanh Group, will spend $20 million to build a waste-heat project with a capacity of 11 MW at its Cong Thanh cement plant.
View Project Report - 300146320 300137599 300136935 300136022 300145888 300149889 300146730 300147640 300137974 300138138 300145836 300149523 300148028 300146743 300139977
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
