Thai-Viet Company to build $50m factory

Thai-Viet Bio-ethanol Company received a license early this week to build a factory to produce ethanol, fertilisers and animal feeds. The factory, located in the central province of Ninh Thuan, has an investment capital of VND950 billion (US$50 million).

It is slated to start construction in 2011 and come into operation in early 2013. The plant is expected to produce 60 million tonnes of ethanol per year for export and domestic demand.

The company also plans to establish an R&D centre in the province’s Phuoc Nam Industrial Park to support the factory’s construction and operation.

Tags: Thai-Viet Bio-ethanol Company

Posted by VBN on Sep 3 2010. Filed under Oil-Gas & Petroleum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry