Work starts on first northern polyester fiber plant
Construction of northern region’s first polyester fiber plant began in Dinh Vu industrial zone, Hai Phong port city, on May 18.
The 325 million USD plant, to be finished in July 2011, has a designed capacity of 500 tonnes of fiber per day.
Addressing the ground breaking ceremony, deputy minister of Industry and Trade Bui Xuan Khu said the plant will contribute to ensuring stable materials supply for the garment and textile industry, while making use of domestically-available crude oil.
The Dinh Vu polyester fiber plant, invested by the PetroVietnam-Vinatex Dinh Vu (PVTex), is part of the master plan for the chemical industry development till 2010, with a vision to 2020.
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