Japanese firm plans $22m dyeing plant in Binh Phuoc

Asahi Chemical Co (Japan) plans to build 100 percent-foreign invested factory in My Hung III, Chon Thanh district in the southern province of Binh Phuoc.
Asahi Chemical Co (Japan) has recently presented an outline investment strategy on building a 100 percent foreign-invested dyeing plant in Minh Hung III Industrial Zone, Chon Thanh district.

If being approved by the local authorities, the company will carry out the project with a total investment in three phases of $22.2 million.

In the first phase, the plant will produce 500 tonnes of products per year and it would be doubled to 1,000 tonnes per year and 1,600 tonnes per year in the third stage. The products of the factory will be mianly exported to China and some Asean countries. – Vietbiz24

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Posted by VBN on May 17 2011. Filed under Industry, Investment. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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