August 29, 2017 | 21:29 (GMT+7)
USD-70-million MDF factory opens in Binh Phuoc
VRG Dongwha JSC, on August 28, put into operation a USD 70 million medium-density fiberboard (MDF) plant in the Southern province of Binh Phuoc.
The plant to produce 480,000 cubic meters of MDF per year. Photo for illustration: baonghean.vn
The facility, the second phase of a project by the company, spans 6.4 hectares with an annual capacity of 180,000 cubic meters of MDF.
The entire project, with a total investment of VND 4.85 trillion (USD 213.4 million), is now capable of producing 480,000 cubic meters of MDF per year.
VRG Dongwha is a joint venture between the Republic of Korea’s Dongwha Group, Asia’s biggest MDF manufacturer, and the Vietnam Rubber Industry Group.
Source: VNA