Hoa Sen group sets up plastic production facility in Phu My I IZ
As of June, Hoa Sen Group officially separated the plastic factory in Phu My 1 Industrial Zone, Tan Thanh Dist from Hoa Sen Construction Material Co to set up a new member named Hoa Sen Plastic One Member Co Ltd
The new company uses eight plastic production lines purchased by the old firm. Each old production line can turn out nearly 90 tonnes of products a month including pipes for water drainage and supply. Also Hoa Sen Group will spend $5 million buying four more Germany made production lines with total capacity of higher three times than the old system. Total capacity of Hoa Sen Plastic One Member Co Ltd will reach 1,800 tonnes of plastic products a month.
DDDN
Tags: Hoa Sen Plastic, Vietnam plastic industry