Tien Phong Plastic South inaugurates second plant
Tien Phong Plastic South inaugurates second plant
Tien Phong Plastic South JSC inaugurated its second plant in Dong An 2 Industrial Park in Binh Duong Province on October 4.
The 11 hectare plant is adjacent to its current plant in Dong An 2 Industrial Park.
The facility, which includes two large workshops, with modern equipment imported from Europe, along with warehouses, is expected to provide 60,000 tons of products per year for local consumption and export.
The total investment of the new plant was nearly VND500 billion (US$21.5 million).
Tien Phong Plastic South signed a cooperation agreement with Japan’s Sekisui Chemical Co., Ltd, in 2017 to acquire hi-tech production lines to manufacture new products.
The company built its first plant in 2007 on five hectares in Dong An 2 Industrial Park.
After 12 years of development, Tien Phong Plastic South has opened four distribution centers and thousands of retail outlets in 33 localities nationwide. Its products have been used in major projects, such as the first metro line project, the Masteri Thao Dien high-end residential area, Tan Son Nhat International Airport and the second campus at HCMC Oncology Hospital.
