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.
|Deputy Minister Dang Hoang An working with the representatives of Dinh Vu polyester factory |
On November 5, Deputy Minister of Industry and Trade Dang Hoang An 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.
|A resumed produtction line at Dinh Vu polyester factory |
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.