New rubber processing plant opens in Quang Nam
 A line at the processing plant |
The VND20 billion facility covers 8.7 hectares and has the capacity to process 1,000 tonnes of rubber annually during the first phase of its operation.
The company will invest nearly VND40 billion in the second phase of the project to raise the plant's production capacity to 3,800 tonnes per year, including 3,000 tonnes of smoked sheet rubber and 800 tonnes of crepe rubber.
The plant’s wastewater treatment station, invested with a total of VND31 billion, is also being constructed with the support of the Vietnam Rubber Industry Group.
To date, the Quang Nam Rubber Company has invested in 4,500 hectares of rubber plantations in Hiep Duc, Nong Son, Nui Thanh, and Phuoc Son districts, 1,500 of which are now being exploited.
The company exploited 1,600 tonnes of rubber latex in 2011, generating a total revenue of VND120 billion. It expects its total rubber latex production will increase to 2,000 tonnes in 2012.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:
Related Contents
Latest News
More News
- Vietnam to become key link in semiconductor value chain (April 26, 2024 | 18:31)
- Nvidia Group may build an AI centre in Ho Chi Minh City (April 26, 2024 | 17:22)
- Japan's Vsun Solar starts silicon wafer production in Vietnam (April 25, 2024 | 13:59)
- Dong Nai woos Japanese investors (April 25, 2024 | 09:29)
- Southern policies help level up investment from East Asia (April 24, 2024 | 17:00)
- Apple suppliers in Vietnam climb to 35 in 2023 (April 24, 2024 | 15:03)
- Levelling up green logistics requires a helping hand (April 24, 2024 | 14:19)
- MPI meets with Nvidia vice president to discuss AI and semiconductor cooperation (April 24, 2024 | 14:14)
- Negotiations over payment agreement for LNG power stuck in deadlock (April 23, 2024 | 18:02)
- Masan completes $250-million equity raise from Bain Capital (April 23, 2024 | 17:37)
Latest News
Mobile Version