|
Industrial gas plant opens in northern province
Viet Nam's largest industrial gas plant opened its doors yesterday in the northern Hai Duong Province's Kinh Mon District.
Financed by Messer Hai Phong Industrial Gases Limited Company, an affiliate of the Frankfurt-based Messer Group, the US$20 million plant can produce 300 tonnes of oxygen and 510 tonnes of nitrogen each day.
Sixty per cent the new plant's gases will be sold to Hoa Phat Group's steel production. It will also supply both gases in liquid form to customers in northern and central Viet Nam.
"The new plant would help enhance our presence in Viet Nam's industrial gas market," said Messer Group's Chief Executive Officer Stefan Messer.
Messer Group is currently involved in the production and distribution of industrial gases such as carbon dioxide, hydrogen as well as other speciality gases.
The group has had two companies in Viet Nam for more than 10 years, including Messer Viet Nam Industrial Gases in Binh Duong and Messer Hai Phong Industrial Gases in Hai Phong.
With an investment of nearly $30 million, apart from the newly inaugurated plant in Hai Duong Province, it has also invested in filling stations in a number of provinces such as Vung Tau, Binh Duong and Hai Phong.
It is expected to invest over $50 million in industrial gas production products in the country in the coming years.
vietnamnews
|
