Deal sealed for glass plant in Chu Lai economic zone

A 70ha glass plant with a design capacity of consuming 900-1,000 tonnes of sand a day is to be built in the Chu Lai Open Economic Zone, according to trade officials in the central province of Quang Nam’s Tam Hiep District.

The Viet Nam Coal and Mineral Industries (VCMI) Group, the Industrial Development Joint-Stock Company and the Mining Chemicals Company signed an agreement on Thursday to establish the Chu Lai Floating Glass Joint-Stock Company.Under the agreement, they are to contribute 51 per cent, 46 per cent and 3 per cent, respectively, to the company’s registered capital. VCMI general director, Doan Van Kien, said the Chu Lai Company is to initiate a feasibility study to define total investment capital now that the agreement has been finalised.

Read more on the source link below.

600450 Deal sealed for glass plant in Chu Lai economic zone
Date: 27 March 2006

See more news about:

See more from these topics:

Others also read

A float glass manufacturing plant started operation recently in the northern province of Ninh Binh’s Khanh Cu Industrial Zone.
Aiming to strengthen the AGC Group’s integrated production in Southeast Asia - AGC (Asahi Glass Co., Ltd.; Head Office: Tokyo; President & CEO: Takuya Shimamura) announces that it will increase the production capacity of the polyvinyl chloride facility at Phu My Plastics & Chemicals Co., Ltd. (PMPC), AGC’s subsidiary engaged in PVC business in Vietnam.  In order to respond to the growing PVC demand in the country, PMPC’s PVC production capacity will be increased by 50% to 150,000 tons from the current 100,000 tons per year, which will make the AGC Group’s total PVC production in Southeast Asia 700,000 tons per year.
0-I BJC – a joint venture company of Owens-IIlnois (USA), Berli Jucker Public Company (BJC, Thailand) and Saigon Beer Alcohol Beverage Company (SABECO, Vietnam), on February 6, officially opened its most state – of – the art glass container manufacturing plant in My Xuan A Industrial Park, Ba Ria Vung Tau province.
On 23 May, 2011, the NSG Group announced a plan to build a new value-added float line in Vietnam to increase its production of specialist products to supply the solar energy sector.
Economic instability is eating away at business confidence in Vietnam, but some transnational firms are keeping the faith.
More than 1,000 motorcycles gather at Edgetech for Vietnam Memorial Bike Run  On Thursday, August 6, Edgetech I.

Add new comment