DAG secures lucrative deal in Brazil
DAG secures lucrative deal in Brazil
Dong A Plastic Group (DAG) has just expanded its global reach by signing a contract with Brazilian building materials trader Al Importacao e Exportacao Eireli Epp.
According to the contract, in August DAG is going to export $1.5 million worth of aluminium composite panels (DAG Alu) and Hiflex PVC banner materials to Brazil.
DAG currently produces Hiflex at a capacity of 10 million square metres per year. The material is a mixture of PVC and synthetic fibres, especially fire-resistant synthetic fibre that is waterproof and slow to burn, produced using German technology.
The aluminium composite panel is produced using Taiwanese technology and is consistent in thickness and makeup, making it very flexible and resistant to sudden shocks and impacts. It is therefore a very popular choice in construction.
According to Al Importacao e Exportacao Eireli Epp, Latin America’s demand for building material is very high and it is still growing as people want to build new and renovate old houses and the country is carrying out a large number of able construction projects.
DAG plans to start operating an additional 30 plastic profile production lines, raising its plastic profile production capacity to 50,000 tonnes per year. DAG is now the biggest Vietnamese producer of profiles, competing with imports from the EU and China. Besides selling on the domestic market, DAG is going to increase exports in order to create a momentum for growth.
