Vicem Hoang Mai Cement JSC 2024 AR2
The report details Vicem Hoang Mai's operational and financial performance for the fiscal year 2024. Despite facing severe market oversupply and high input costs, the company achieved total sales of 1.86 million tons, exceeding its planned target by 5%. A major milestone was the completion of a project utilizing waste as alternative fuel in clinker production, achieving a thermal substitution rate of approximately 40%. Additionally, the company commenced construction on a 6.5 MW Waste Heat Recovery Power Generation Project, scheduled for commissioning in 2025 to reduce grid electricity reliance and lower carbon emissions.
Company: Vicem Hoang Mai Cement JSC
Sector: Materials
Country: Vietnam
Year: 2024
Type: AR2
Pages: 148
Vicem Hoang Mai Cement JSC
Annual Report
The report details Vicem Hoang Mai's operational and financial performance for the fiscal year 2024. Despite facing severe market oversupply and high input costs, the company achieved total sales of 1.86 million tons, exceeding its planned target by 5%. A major milestone was the completion of a project utilizing waste as alternative fuel in clinker production, achieving a thermal substitution rate of approximately 40%. Additionally, the company commenced construction on a 6.5 MW Waste Heat Recovery Power Generation Project, scheduled for commissioning in 2025 to reduce grid electricity reliance and lower carbon emissions.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees