Hanoi (VNA) – The Vietnam Rubber Industry Group (VRG) will invest inthree more processing factories in the northern region as the rubber output isexpected to increase in the coming time.
Accordingly, in 2022, the Lai Chau Rubber Company II will pourcapital into a SVR 10, SVR 20 latex processing line, with a capacity of 5,000tonnes a year. Also during this period, the Dien Bien Rubber Company willinvest in an RSS latex processing plant with a capacity of 3,000 tonnes a year.
Meanwhile, in 2025, the Dau Tieng - Lao Cai Rubber Companywill inject money into an SVR 10 and SVR 20 latex processing factory with a capacity of3,000 tonnes a year, to serve companies in the northeastern region.
Currently, in the northern mountainous region, VRG has theChau Thuan - Son La Rubber Processing Plant, with an annual capacity of 6,000 tonnes and the Lai Chau Rubber Processing Factory with a capacity of 5,000 tonnesa year.
In 2023, work will start on the second phase of the Lai ChauRubber Processing Factory with a capacity of 4,000 tonnes per year, bringing its total capacity to 9,000 tonnes per year.
These two plants are expected to meet the processing demandof the whole region./.