Biodegradable plastic materials meeting strict international standards produced by An Phat Holdings (APH) of Vietnam will be distributed throughout North America in the coming time.
National Assembly Chairman Vuong Dinh Hue on February 9 attended the groundbreaking ceremony of a PBAT biodegradable resin factory project by An Phat Holdings JSC in the northern port city of Hai Phong.
AnEco has successfully registered its trademark in the US, opening up a great opportunity for An Phat Holdings’ compostable production line to enter this market.
Hai Duong, Vietnam’s largest COVID-19 hotspot at the moment, has received billions of VND together with medical supplies and necessities from a number of donors to help it deal with the COVID-19 resurgence.
An Phat Holdings (APH) has set a revenue target of 1 billion USD by 2025, becoming a leading producer of hi-tech and environmentally friendly plastic products in Southeast Asia.
The International Finance Corporation (IFC) recently announced its cooperation with An Phat Holdings (APH) and an expected investment of 20 million USD to fund APH’s first compostable material manufacturing plant in Vietnam and the largest of its kind in Southeast Asia.
The Dinh Vu Polyester Fibre Plant of the Petrochemical and Textile Fiber Joint Stock Company (PVTEX) – a subsidiary company of the Vietnam Oil and Gas Group (PetroVietnam) - has to date resumed operation of 12 out of its 25 production lines so far.
The Dinh Vu polyester fibre plant in the northern port city of Hai Phong has put into operation two additional DTY fibre production lines, raising the total capacity to nearly 900 tonnes per month, up 20 percent.
The PVTEX Dinh Vu Yarn Plant of PetroVietnam’s Petrochemical and Textile Fiber Joint-Stock Company (PVTEX) on January 31 put two more yarn production lines into operation, lifting the total number of its lines to 12.
An Phat Holdings JSC (APH), An Son Textile Fiber JSC and PetroVietnam’s Petrochemical and Textile Fiber Joint-Stock Company (PVTEX) officially introduced the new AnPoly yarn at Dinh Vu polyester fibre plant on November 16.
Business
