Vissai Ninh Binh Group exports 1.5Mt of clinker to France

Ciment de Bourbon has drawn up a contract with cement producer Vissai Ninh Binh Group, a private Vietnamese group, to receive 1.5Mt of clinker to facilitate the construction of  to an expressway project on Réunion.

The clinker will be shipped at a price of US$42/t under the contract that will be effective for five years, said Nguyen Tien Dat, Vissai Ninh Binh's deputy director. The Vietnamese group has carefully considered the prices to avoid the negative impact driven by the fluctuations in prices of transportation. This is the biggest contract that Vietnamese cement producers in general have won to date.

Vietnam’s cement sales are predicted to rise by 1.5-3 per cent YoY to between 62Mt and 63Mt this year, including 48.5Mt-49Mt of domestic sales and 13.5Mt-14Mt of exports.