Vietnam: Trung Hieu Development Corporation has secured a five-year contract to use Betolar’s alkali-activated slag and fly ash-based concrete additive Geoprime. Trung Hieu Development Corporation plans to source the materials for Geoprime from local industrial side streams. Dow Jones Institutional News has reported that the move will eliminate 80% of raw materials CO2 emissions across its 120,000t/yr-worth precast concrete production capacity.
Betolar's Head of Asia Juha Pinomaa said "Vietnam is the world's third largest cement producer and fourth largest cement consumer, with 85Mt/yr. We estimate that the Vietnamese market represents significant commercial potential for us in the coming years due to the huge potential for cement replacement.” He concluded “We can promote the local circular economy and accelerate Vietnam's sustainable development efforts by directly offering cement-free alternatives. The Vietnamese steel and energy industry generates large amounts of steel slag and fly ash as side streams, which can be used for Geoprime-based concrete."
