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: ,

Posted by VBN on Jun 9 2010. Filed under Rubber & Plastic. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • Roseman: What’s behind the rising price of gold?
  • Beijingers can now use bank cards to buy gold
  • Gold price suffers biggest fall at open today, silver follows suit
  • Gold: Is it time to call the top?
  • Analysis: Hard-hit gold bulls not yet out for the count
  • Gold prices tumbled by Rs 1,021 to Rs 25,695 per 10 grams in the futures trade
  • Gold futures fall further by Rs 1,000 on Moday
  • Gold set for its biggest three-day loss in 28 years on Monday

Sponsored

  • Looking for an overseas forex broker?
  • Trading Point now offering Forex Malaysia and FX Japan with Forex, CFD's and Futures.