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News Displaying items by tag: Vietnam

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Knauf Vietnam inaugurates Hai Phong wallboard plant

01 November 2016

Vietnam: Knauf Vietnam has officially inaugurated its 20Mm2 gypsum wallboard plant in the Dinh Vu Industrial Zone in Hai Phong. Frank-Walter Steinmeier, Federal Minister for Foreign Affairs of Germany, Le Thanh Son, Vice Chairman of Hai Phong People's Committee and Christian Berger, German Ambassador to Vietnam attended the opening ceremony amongst other dignitaries and representatives. Construction of the plant originally started in 2014.

"We have been in Vietnam for just over two years in which time we have set up an effective distribution network, with a strong customer base throughout the country. We are currently supplying the Vietnam market with our locally produced wallboard using leading German technology. All of our products have passed the strict requirements of TCVN 8256:2009 and ASTM C1396 and we have received a lot of positive feedback from our valued customers," said David Thomas, General Director of Knauf Vietnam.

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Knauf launches StandardShield brand in Vietnam

12 July 2016

Vietnam: Knauf Vietnam has launched StandardShield, a locally-produced brand of gypsum wallboard made at its plant at Hai Phon. The event was marked with a ceremony for clients and press at Ho Chi Minh City on 8 July 2016.

"After two years of operation, with product presence in key areas, we believe this is really the good time for us to supply the market with local products," said David Victor Thomas, General Director of Knauf Vietnam. "This is our special gift for all our valued customers, aimed at expressing our deep gratitude with their continuous support and cooperation in recent years."

Knauf StandardShield is 9.5mm thick with dimensions of 1220 x 2440mm and 1210 x 2420mm. The product is promoted as having high performance in terms of flexural strength, sag and nail pull resistance that passes all requirements of TCVN 8256:2009 and ASTM C1396.

Knauf Vietnam started commissioning at its local wallboard plant March 2016. The plant has a production capacity of 20Mm2/yr.

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Knauf inaugurates Euro30m gypsum wallboard plant in Vietnam

10 June 2016

Vietnam: Knauf Vietnam has inaugurated a 20Mm2/yr gypsum wallboard plant in Haiphong. The plant had an investment of Euro30m.

"After only two years of operation in Vietnam we have gained product presence in key market segments and regions, which we believe will increase with the supply of our new locally produced products," said General Director David Victor Thomas to state media.

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Knauf Vietnam signs wallboard distribution deal with Zinca

15 March 2016

Vietnam: Knauf Vietnam has signed a strategic cooperation agreement for the distribution of gypsum wallboard with Zinca Vietnam. A ceremony marking the signing was held on 12 March 2016 and attended by about 300 guests, including gypsum wallboard distributors, dealers, contractors, developers, and architects, according to local press.

"I believe this remarkable milestone will help us strengthen our nationwide coverage and promote brand awareness," said David Thomas, General Director of Knauf Vietnam. He added that the company's 20Mm2 wallboard plant in Hai Phong has started commissioning and is due to started selling commercial products by May 2016.

Knauf Vietnam was licensed in 2013 to build a gypsum wallboard plant. It has since established offices in Hai Phong, Hanoi, and Ho Chi Minh City and has been developing a distribution network throughout the country. In the meantime it has been selling products locally including StandardShield, MoistShield, FireShield, Knauf Danoline and Cleaneo.

Zinca Vietnam is a Vietnamese building materials manufacturer and distributor that was founded in 1995. It previously signed a cooperation deal with Saint-Gobain in 2007 to distribute Gyproc branded products in the country.

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TXM reports net loss in the third quarter of 2015

29 October 2015

Vietnam: Gypsum and Cement JSC (TXM) has posted a US$27,501 net loss in the third quarter of 2015, compared to a US$82,861 net profit in the same period of 2014. The company generated US$6.72m net revenue in the period, down by 16% year-on-year. TXM attributed its loss to the depreciation of the Vietnamese Dong compared to the US Dollar, increases in management costs and a fall in financial income. In the first nine months of 2015, TXM made a US$134,370 net profit on a US$19.5m net revenue, down by 42% and 10% year-on-year, respectively.

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Deputy prime minister Hoang Trung Hai calls for waste treatment plans

11 August 2015

Vietnam: Deputy prime minister Hoang Trung Hai has directed the implementation of solutions to treat waste at thermal power plants for energy conservation and environmental protection.

Trung Hai urged the concerned parties to more effectively implement Government Decision 1696/QD-TTg on measures to treat gypsum, ash and cinder from thermal power, chemical or fertiliser plants for the production of building materials. Special focus should be paid to the Vinh Tan in Binh Thuan, An Khanh in Thai Nguyen, Song Hau in Mekong Delta Hau Giang and Vung Ang in Ha Tinh thermal power plants, where waste treatment is a pressing issue.

He asked the Ministry of Industry and Trade and the Ministry of Construction to coordinate with localities to disseminate effective waste treatment models while supplementing and completing criteria on the quality of ash and cinder for recycling in cement and construction material production.

Vietnam is home to 19 operating thermal power plants with a total capacity of 14,480MW, which discharge about 15Mt/yr of ash and cinder. After 2020, the country is expected to have 43 thermal power plants with a combined capacity of 39,020MW, discharging over 30Mt/yr of ash and cinder.

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Saint-Gobain boosts stake in Vinh Tuong Industrial to 57%

02 June 2015

Vietnam: Saint-Gobain has increased its holding in Vinh Tuong Industrial Corp (VTI) from 14.8% to over 57% to consolidate its presence in the country. The deal will reinforce Saint-Gobain's presence in Vietnam, where it already operates a wallboard plant.

VTI is a major player in the Vietnamese construction materials market with expected sales of US$109m in 2015 from wallboard and wall solution sales. Financial details of the transaction were not disclosed.

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Vina Kraft Paper to expand paper mill

07 May 2015

Vietnam: Vina Kraft Paper Co Ltd (VKPC), a joint venture between Thailand's Siam Kraft Industry Co Ltd (part of Siam Cement Group – SCG) and Japan's Rengo Co Ltd, will spend an additional US$126m expanding its packaging paper plant in Binh Duong. VKPC will invest the money to double the existing paper capacity to 847,000t/yr. The plant was commissioned with an initial investment of US$171m in 2010 and is now the biggest packaging paper plant in Vietnam. The new production line is set for operation in the second quarter of 2017.

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TXM announces 2015 plans

14 April 2015

Vietnam: Gypsum and Cement JSC (TXM) has announced that it will target US$314,772 of pre-tax profit on US$29.2m revenues and 4% dividend in 2015. It reported US$384,207 of pre-tax profit on US$28.9m revenues and 3% dividend in 2014. In 2015, TXM plans to invest in the DAP Dinh Vu plant, which manufactures artificial gypsum, and is looking for partners for a project exploiting gypsum in Laos.

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DAP Joint Stock Company develops gypsum recycling project

26 January 2015

Vietnam: DAP Joint Stock Company has found a solution to deal with gypsum created during production processes. The public has criticised the company for many years because of the 'acid leaking from its gypsum dumping ground.' However, the problem will be solved as DAP has found a way to recycle gypsum, turning it into artificial plaster to be used as a cement additive.

Since 2009 DAP has produced some 2Mt of gypsum, which is being kept at its temporary dumping ground. The ground is surrounded by clay and stone embankments with high-density polyethylene (HDPE) stratum to ensure that the water does not leak. There is a reservoir to collect acid from the waste and pump it back to the plant for use. When the pH content falls below the allowed level, the gypsum will be relocated to a major gypsum gathering ground, covering an area of 0.4km2, where it will be recycled into cement additives. A monitoring report from 30 September 2014 showed that the waste water was within the safety limits in accordance with the Ministry of Natural Resources and the Environment (MONRE) QCVN 09:2008/BTNMT standard on underground water quality.

Dinh Vu Gypsum JSC was established in 2010 following initial success in gypsum recycling tests. The company has finished the construction of a gypsum recycling plant and has installed 25% of the processing lines, with a capacity of 150,000t/yr per line. The plant, now in its trial run, has provided 10,000t of artificial plaster to the But Son Cement Plant in Ha Nam Province.

DAP has also joined forces with the Vietnam Cement Corporation (Vicem) to develop a project on processing gypsum. The two sides have signed a cooperation agreement, under which Vicem would be responsible for the consumption of the resulting cement additive.

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