Becoming a leading cement manufacturing enterprise in Nghe An

(Baonghean) - On October 7, 1995, the Chairman of Nghe An Provincial People's Committee signed Decision No. 2629/QD-UB to establish Nghe An Cement Company (NCC) and on April 15, 1996, the Prime Minister signed Decision No. 216/TTg on investing in the construction of Nghe An Cement Factory, producing by the dry method, with a capacity of 4,000 tons of clinker/day, equivalent to 1.4 million tons of cement/year, with a total investment of 231.62 million USD from foreign loans (132 million USD from Societe General Bank of France and Marubeni Bank of Japan, Hong Kong Bank, Kuwait Bank).

Accordingly, contractor FCB (France) manufactures rotary kiln cement equipment with a capacity of 4,000 tons of clinker/day, a 5-layer cyclone heat exchange system... Other important equipment is also from France and Germany, the most advanced type, with the lowest fuel consumption, ensuring environmental protection in accordance with current standards of the Vietnamese State.

Panorama of Hoang Mai Cement Factory.

On April 7, 1996, on the land in the area of ​​Quynh Thien and Quynh Vinh communes of Quynh Luu district (now Quynh Thien ward and Quynh Vinh commune of Hoang Mai town), Nghe An Cement Company broke ground for the construction of Hoang Mai Cement Factory. On June 9, 1999, Hoang Mai Cement Project started construction of the main items of the production line.

After 32 months of construction, the entire project site has excavated and filled nearly 2 million cubic meters of earth and rock; poured 250,000 cubic meters of various types of concrete; built 15,000 cubic meters, constructed and installed 5,000 tons of structural steel; processed and installed nearly 4,000 tons of on-site equipment; installed 13,500 tons of imported equipment... The construction and equipment installation packages were all completed on schedule, and the company put the factory into trial cement production as planned. After the trial production process, on November 23, 2001, Hoang Mai Cement Factory officially successfully ground and received the first ton of cement products. More than 3 months later, the factory successfully burned the first batch of good quality clinker. Hoang Mai Cement Factory is one of the few cement factories in Vietnam that, during the testing, adjustment and acceptance process, has quickly produced tons of the best clinker without waste. On July 1, 2002, Hoang Mai Cement Company officially moved to the production and business stage. From then on, products under the Hoang Mai Cement brand were officially present with products of member brands of Vietnam Cement Industry Corporation in the domestic and foreign markets.

Technical staff of KCS Laboratory of Hoang Mai Cement Joint Stock Company checks product quality. Photo: HV

Born on Hoang Mai land - the gateway to the Hong Lam cultural region, with abundant limestone and clay reserves, Hoang Mai Cement Factory is licensed to exploit and use Hoang Mai B limestone mine (north of the factory) with a reserve of 131 million tons. After mining and crushing, limestone materials are transported by a 2,600m long conveyor belt to a warehouse containing 34,000 tons of raw materials. Quynh Vinh clay mine has a reserve of 18 million tons, 1 km from the factory, very convenient for exploitation and transportation... With a stable source of raw materials in both quality and quantity, Hoang Mai Cement is located on 3 main traffic axes of the country, favorable natural and social conditions help Hoang Mai Cement Factory reduce input costs, which is a prominent strength with sustainability of Vicem Hoang Mai Cement Joint Stock Company.

One of the company's milestones is that since January 1, 2001, Hoang Mai Cement Company has been an independent accounting member of Vietnam Cement Industry Corporation, with a total project settlement value of up to 2,665 billion VND. Despite the advantages of a new factory and modern European production technology, the company's production and business encountered difficulties due to the large debt of both principal and interest, making the cost of Hoang Mai cement products higher than the market price... but with the timely support of Vietnam Cement Industry Corporation such as: Regulating the internal market, lending without interest and creating all conditions to help the company borrow capital sources with the lowest interest rates...

Hoang Mai Cement gradually overcame the difficult period. With the attention and direction of the Government, the Ministry of Finance, the Ministry of Construction, the State Bank, especially with the active and drastic support of the Vietnam Cement Industry Corporation, Hoang Mai Cement Company carried out financial restructuring. In 2007, the Ministry of Finance agreed to convert 26 million EUR that the company had borrowed into Vietnamese Dong with a preferential interest rate of 7.8%/year. Vietnam Cement Industry Corporation agreed to convert 468 billion VND of loan capital into granted capital, and granted the company an additional 585 billion VND of charter capital.

Timely re-determining the actual value of the Hoang Mai Cement Company with total assets assessed to increase by 403 billion VND. Implementing the enterprise innovation program, in 2007, Hoang Mai Cement Company equitized (2 years earlier than Decision 86/2005/QD-TTg dated May 22, 2005 of the Prime Minister) and successfully organized the first auction to sell shares to supplement the charter capital and pay in advance to Societe Ganerale Bank - Republic of France. From here, the company has successfully established a safe and healthy financial foundation. On April 1, 2008, Hoang Mai Cement Joint Stock Company officially started operating under the model of a joint stock company, with a total charter capital of 720 billion VND.

During the production and business process, Hoang Mai Cement Joint Stock Company has always received attention and timely direction to handle problems in the consumption work of the corporation; the support and coordination of the Party Committee, authorities at all levels, departments, branches and sectors of Nghe An province; the cooperation of distributors and material suppliers; especially the high trust of customers using VICEM Hoang Mai brand cement, thanks to which the output of Hoang Mai cement consumed in many areas has grown significantly, especially in Nghe An province. In Nghe An market, the company's products account for more than 60% of the market share with a coverage of over 90%. Most of Nghe An people are familiar with the Hoang Mai Cement brand, the trust of consumers has been helping the company continue to hold a high market share even in the residential sector.

With the attention and direction of Vietnam Cement Industry Corporation, Vicem Hoang Mai Cement Joint Stock Company has invested and successfully implemented the project to increase the kiln capacity by 10%, thereby improving production capacity... At the same time, the enterprise applies the quality management system according to ISO 9001:2000 standards. Vicem Hoang Mai Cement not only participates in the construction of residential works, but also puts into construction many national key projects such as Vinh Tuy Bridge, National Convention Center (Hanoi), Ban Ve Hydropower Plant (Nghe An), Cua Dai Irrigation, Ba Thuoc Hydropower Plant, Nghi Son Petrochemical Industrial Park (Thanh Hoa), Ho Ho Hydropower Plant (Quang Binh), Huong Son Hydropower Plant (Ha Tinh), 5-star tourist area and hotel in Son Tra Peninsula (Da Nang), Dung Quat Oil Refinery Industrial Park (Quang Ngai), Buon Kuop Hydropower Plant, Se San (Tay Nguyen), Vung Ang Industrial Park, Nghi Son...

During the process of development and growth, Vicem Hoang Mai Cement Joint Stock Company has always accompanied with humanitarian and social charity work. The company has created conditions for 100% of its staff, employees and workers to actively participate in all humanitarian and charity campaigns organized and launched by the company's trade union. Since 2004, each staff, employee and worker has annually donated an average of 5 days' salary to build a "Charity Fund"; since then, the total average donation amount of the company's staff and workers has reached 800 million VND/year and the company has donated to the following funds: Fund for the Poor; Fund for Gratitude; Fund for Children's Protection; Fund for Education Promotion; Fund for Victims of Agent Orange or Victims of Natural Disasters and Floods; Fund for Eliminating Thatched and Bamboo Houses; Donating Gratitude Houses, Savings Books to Poor Households; Giving Scholarships, Giving Bicycles to Students from Policy Families, Poor Students Who Overcome Difficulties and Good Academic Performance...

From 2005 to present, the company has carried out social security, charity and humanitarian work nationwide with a total amount of more than 34 billion VND, of which the majority was spent supporting the poor in special circumstances, families with preferential policies and students with especially difficult circumstances, building nearly 200 gratitude houses, donating over 1,000 bicycles to poor students with good academic performance, visiting families with preferential policies, supporting 6 Vietnamese Heroic Mothers, giving gifts to disabled children, giving savings books to the poor, supporting people affected by natural disasters and floods, and awarding scholarships to poor students with good academic performance. Implementing Resolution 30a/2008/NQ-CP dated December 27, 2008 of the Government on the program to support rapid and sustainable poverty reduction, in 2009, the company supported 2.04 billion VND; in 2010 supported 2.54 billion VND; In 2012, support was 1.27 billion VND; in 2013, support was 3.8 billion VND; in 2014, support was 3.23 billion VND and in the first 6 months of 2015, the company supported 1.5 billion VND; the above support amounts were used to contribute to the temporary housing elimination program for poor households in Nghe An, Thanh Hoa and Quang Nam provinces...

To become one of the leading enterprises in the field of cement production in Nghe An, in the coming time, Vicem Hoang Mai Cement Joint Stock Company will continue to invest in Hoang Mai 2 cement production line with a capacity of 12,000 tons of clinker/day, equivalent to 4.5 million tons of cement/year. The project has a total investment capital of 10,800 billion VND, equivalent to 650 million USD, the project implementation period is from 2016 to 2020 and is divided into 2 investment phases, each phase has a kiln capacity of 6,000 tons of clinker/day (equivalent to 2 million tons of cement/year) suitable for the actual development situation.

On the occasion of the 20th anniversary of its establishment and development, Vicem Hoang Mai Cement Joint Stock Company was honored to receive the Second Class Labor Medal from the President. This is a source of pride and great encouragement for the company's staff and employees to strive to overcome difficulties and challenges and fulfill their assigned tasks. To achieve this, the company hopes to continue to receive the attention and support of the central ministries and branches, Nghe An province, Vietnam Cement Industry Corporation, and customers and partners...

DUONG DINH HOI

(Party Secretary, General Director of Vicem Hoang Mai Cement Joint Stock Company)