Construction Global Magazine - July 2015

Page 62

HOLCIM VIETNAM

Hon Chong Cement plant in Vietnam

Holcim Vietnam is a subsidiary of Holcim Ltd, one of the world’s leading building materials companies with a presence on five continents: it is committed to sustainability and working to establish a lead in green products and manufacturing

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July 2015

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olcim Vietnam Ltd. (HVL) is a wholly owned subsidiary of the Holcim Group, one of the world’s leading suppliers of cement and aggregates, ready-mix concrete, constructionrelated services, which operates in more than 70 countries. The licensed investment capital in Vietnam amounts to $495 million. Formerly known, until 2002, as Morning Star Cement Ltd, HVL was registered in February 1994 as a joint-venture company between Holcim Ltd. and Vietnam Cement Industry Corporation (VICEM) that respectively contributed in the Company 65 percent and 35 percent of its charter capital. Holcim Vietnam currently employs around 1,300 people at its four technologically advanced cement production sites and more than eight modern ready-mix concrete batching


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