GFSI-MHE Manufacturing of Texas LLC from the US and Minh Hung Group ink cooperation contract. (Photo: VOV) HCM City (VNA) – GFSI-MHE Manufacturing of Texas LLC from the USand Minh Hung Group will join hands to construct a plant to manufactureproducts from recycled fiber glass under a contract inked in Ho Chi Minh Cityon February 26.
Accordingly, GFSI-MHE Manufacturing of Texas LLC will transfer technology of producinggoods from recycled fiber glass to Minh Hung Group.
The advanced technology will help recycle a huge amount of waste, mostly usedcomposite and fiber glass like plastic containers, aircraft and boat covers anddistribution boards, while creating environmentally friendly materials,bringing in high economic efficiency.
Lam Dao Hung, Chairman of Minh Hung Group, after technology transfer, bothsides will build a plywood manufacturing plant in Tien Giang province with atotal investment of 50 million USD. The plant is expected to be put intooperation in 2019.
The country is currently home to 35 solid waste treatment plants with totaldesigned capacity of 7,500 tonnes per day. It discharges some 28.5 milliontonnes of solid waste every year. Most of the solid waste is buried at highcosts, affecting the environment and wasting materials for the recycling industry.-VNA
VNA
