Cement Industry to Drive Coal Demand in Vietnam

Thursday, December 8th, 2011 - Business & Finance

Cement Industry to Drive Coal Demand in VietnamCement Industry to Drive Coal Demand in Vietnam

Vietnam relies on coal for its energy requirements and adept has been a denoting rise in coal demand during the former few agedness. Dynamically growing electricity demand and industrial coal requirements, especially from the cement industry, hold infused coal sector developments. Vietnam’s cement industry has been growing briskly on the back of sound demand from construction and real estate industry. Legitimate is essential that advancement cement production will keep up to spur coal demand in Vietnam during the later 3 – 4 oldness. According to our research report “Vietnam Mining Sector Analysis”, coal demand in cement industry is reasonable to raise at a CAGR of around 13 % during 2010 – 2014. Cement Industry to Drive Coal Demand

Cement Industry to Drive Coal Demand, The country is looking for prospect export markets for its uncritical cement production. In coming age besides, the cement production capacity will remain to accumulation due to construction of variant of unspoiled plants along smuggle capacity expansion plans of existing players. Our research report provides an analysis of the coal demand in the cement industry. We obtain besides analyzed the coal demand in sectors homologous, capability, construction, and live fuels. Cement Industry to Drive Coal Demand

Considering per our study, at the production prone, developments retain habituated seemly response to demand till at once. Domestic productions posses comfortably been exceeding local demand and the country has been exporting huge amount of coal. However, limited coal reserves will create a wide gap in demand – supply mechanism in future. In fact, regulators have already proposed coal imports, which are expected to start from 2012. The condition will become even more severe, if authorities continued to overlook new reserves discovery and exploitations. Cement Industry to Drive Coal Demand

Cement Industry to Drive Coal Demand

Our report “Vietnam Mining Sector Analysis” is an outcome of extensive research and conceptual analysis of the Vietnamese coal industry potential. It facilitates information / statistics on coal reserves, production, consumption, regulatory environment, import prospects and exports development historical, current and future projected trends. Brief research overview of renewable potentials ( wind, photovoltaic, and nuclear power ) has also been included to provide a balanced research outlook of the Vietnamese coal industry. Cement Industry to Drive Coal Demand

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