The Binh Dien Fertilizer Joint-stock Company, the country’s leading NPK maker, on May 28 began the construction of a production line in the northern province of Ninh Binh.
The company’s first factory in the north has a designed capacity of 150,000 tonnes of NPK fertilizer per year in the first stage, which will be increased to 400,000 tonnes in the second phase, said Binh Dien Chairman and CEO Le Quoc Phong at the groundbreaking ceremony.
Total investment for the project is nearly 300 billion VND (about 15 million USD), and once completed, it will create jobs for more than 300 local labourers, Phong added.
Construction work is projected to take 18 months.
Once the branch is fully operational, Binh Dien Fertilizer SJC, which has a main factory in the southern province of Long An and three subsidiary companies in other provinces, will be capable of producing more than 1 million tonnes of NPK fertilizer annually, meeting over 30 percent of the domestic demand.-VNA
The company’s first factory in the north has a designed capacity of 150,000 tonnes of NPK fertilizer per year in the first stage, which will be increased to 400,000 tonnes in the second phase, said Binh Dien Chairman and CEO Le Quoc Phong at the groundbreaking ceremony.
Total investment for the project is nearly 300 billion VND (about 15 million USD), and once completed, it will create jobs for more than 300 local labourers, Phong added.
Construction work is projected to take 18 months.
Once the branch is fully operational, Binh Dien Fertilizer SJC, which has a main factory in the southern province of Long An and three subsidiary companies in other provinces, will be capable of producing more than 1 million tonnes of NPK fertilizer annually, meeting over 30 percent of the domestic demand.-VNA
