17:11 | 23/04/2016 Companies
Hoa Sen Group on April 15 inaugurated the Hoa Sen plastic pipe factory at the Nhon Hoa Industrial Zone in An Nhon town, Binh Dinh province.
nside the Hoa Sen plastic pipe factory in Binh Dinh
The factory covers 4.6ha with a total investment of VND367 billion (US$16.5 million). Construction of the factory commenced in June 2015 with the first phase now completed and put into operation, providing 12,000 tonnes of product per year.
The second phase is expected to be completed in December 2016 and will also provide 12,000 tonnes of product per year.
The factory is also equipped with a laboratory with modern machinery to turn out high quality products up to international standards.
Upon its completion, the factory is scheduled to provide jobs for more than 100 workers.
This factory is the third project of Hoa Sen Group in Binh Dinh province. The group inaugurated a steel pipe factory in the province in March 2015 with a total capacity of 100,000 tonnes of product per year.
Earlier this year, the group began construction of the Nhon Hoi-Binh Dinh steel factory with an investment of VND2 trillion (US$90 million) and a capacity of 200,000 tonnes of product per year./.