The construction of the first ultra-clear float glass factory in Vietnam starts in Tan Thanh district, the southern province of Ba Ria-Vung Tau, on July 24 (Photo: baoxaydung.com.vn)Ba Ria-Vung Tau(VNA) – The construction of an ultra-clear float glass factory, the first ofits kind in Vietnam, kicked off at the Phu My 2 Industrial Park in Tan Thanhdistrict, the southern province of Ba Ria-Vung Tau, on July 24.
Phase I of the plant, owned by the Phu My UltraClear Float Glass Co. Ltd, will be carried out from now to 2018 and has totalinvestment of 2.6 trillion VND (about 114.4 million USD). When operational, itis set to produce 600 tonnes of the product a day.
Phase II will be built from 2019 to 2022,raising the factory’s capacity to 900 tonnes per day.
China’s Kaisheng Science & Technology GroupCo., one of the three founders of the Phu My company, pledged to purchase allultra-clear float glass of the factory.
With charter capital of 886 billion VND (39 million USD), the PhuMy Ultra Clear Float Glass Co. Ltd was established by the ViglaceraCorporation, the Vietnam Urban and Industrial Zone Development Investment Corporation(IDICO), and the Kaisheng group.
The factory in Ba Ria-Vung Tau is one of the twoultra-clear float glass plants expected to be constructed in Vietnam. The otheris in northern Bac Ninh province. The Prime Minister approved in principle theconstruction of these plants in 2016.-VNA
VNA
