Son La (VNA) – The Vietnam RubberGroup (VRG) held a ceremony to inaugurate its rubber latex processing plant inThuan Chau district in the northern mountainous province of Son La on December26.
The construction of the plant started in early2018 with total investment of nearly 110 billion VND (4.7 million USD).
Covering nearly 16 hectares in Thuan Chau’s TongLenh commune, the plant is designed to have a processing capacity of 9,000tonnes of rubber latex per year.
The project was divided into two phases with thefirst one with annual capacity of 6,000 tonnes. The second phase isscheduled to be inaugurated in 2020 with capacity of 3,000 tonnes per annum.
According to Director of the Son La Rubber JointStock Company Ho Anh Duc, when the factory is put into operation, it willincrease the value of rubber latex four times from about 10 million VND (429USD) per tonne to 40 million VND (1,717 USD) per tonne.
It also helps generate jobs for over 200workers, he added.
At present, Son La has over 6,000 hectares ofrubber, including over 2,300 hectares for harvesting. In 2018, theprovince’s rubber latex output was estimated at over 5,000 tonnes.
Chairman of the provincial People’s CommitteeCam Ngoc Minh said the development of rubber trees will help increase the forestcoverage, minimise flash floods, and reduce poverty.
He asked the Son La Rubber Joint Stock Companyto quickly complete the waste treatment project and closely work with localauthorities and farmers to ensure effective business and environmentalprotection.
The plant will be operated 10 months in a year.This is the first latex processing plant in the northwestern region after morethan 10 years of developing rubber trees.-VNA