Dinh Vu polyester to double capacity

Nov 9th at 08:17
09-11-2018 08:17:24+07:00

Dinh Vu polyester to double capacity

The co-operation between An Phat Holdings and PVTex plays an important role in doubling the capacity of the Dinh Vu polyester plant compared to its capacity at the time when its first workshop resumed operations.

On November 5, Deputy Minister of Industry and Trade Dang Hoang Anh paid a working visit to Dinh Vu polyester plant, which is operated by An Phat Holdings JSC (APH), An Son Textile Fiber JSC, and PVTex.

On November 1, four months after the first facility resumed its operations, the factory officially doubled the capacity of its drawn textured yarn (DTY) workshop to a total of six manufacturing lines and a capacity of 400 tonnes of DTY per month.

The parties plan to increase the number of manufacturing lines to 10 and capacity to 700-750 tonnes per month by the end of this quarter. Furthermore, the operators plan to resume the remaining workshops and start manufacturing polyester staple fibre (PSF) by the end of 2019.

Pham Anh Duong, chairman of An Phat Holdings, said, “We spent two years studying the feasibility of the project before deciding to co-operate with PVTex to resume the factory. An Phat Holdings saw that for successful co-operation, we have to build comprehensive solutions and mobilise a large volume of both human resources and capital. We will continue to strive to ensure the smooth operation of Dinh Vu polyester factory.”

On July 24, 2018, PVTex with An Phat Holdings and An Son Textile Fiber JSC signed a contract to process DTY made by Dinh Vu polyester fibre plant.

vir



NEWS SAME CATEGORY

Vinh Phuc inaugurates Industry Park

Japan’s Sumitomo Corporation and Thang Long Vinh Phuc Industrial Park Co., Ltd inaugurated the first phase of Thang Long Industry Park in the northern province of...

Water industry needs smart tech

Viet Nam needs to work on implementing modern IT systems and high quality workforce training in the water supply and drainage industries in preparation for the...

Factory processing export coffee opens in Sơn La

Phuc Sinh Group started operations at the Phuc Sinh Son La coffee processing factory in Son La Province on November 8 to serve domestic and foreign markets.

International jewellery fair opens in HCM City

The 27th Viet Nam International Jewelry Fair (VIJF) kicked off on Thursday in HCM City, showcasing a wide range of diamonds, gemstones, gold and silver jewellery...

Agro-fishery-forestry exports surge

The agricultural sector earned US$32.6 billion from agro, fishery and forestry exports during the first 10 months, up 8.1 per cent year-on-year, according to the...

VietFood Beverage – ProPack expo opens

The VietFood, Beverage and Professional Packing Machines (VietFood & Beverage – ProPack) international exhibition kicked off in Ha Noi on Wednesday.

Dung Quat wants equal incentives to Nghi Son Refinery

The central province of Quang Ngai urged the Government to provide policy incentives for Dung Quat Refinery equal to those enjoyed by Nghi Son Refinery to ensure...

Soft drinks see hard competition

A series of international brands have been pouring more money into Vietnam’s high-potential soft drink segment, toughening up competition against fledgling domestic...

Conditions improve for industrial sector

Industrial production in the first 10 months of 2018 has risen to the highest level in the past eight years thanks to strong confidence from the business community...

Ba Ria-Vung Tau to develop logistics sector

The southern province of Ba Ria-Vung Tau has set a goal to develop logistics into a major service sector with a focus on seaport development.


MOST READ


Back To Top