New rubber processing plant opens in Quang Nam

18:42 | 22/09/2012
The Quang Nam Rubber one-member Company, Ltd. inaugurated the Hiep Duc Rubber Processing Plant on September 20 in Song Tra commune, Hiep Duc district, in the central coastal province of Quang Nam.

A line at the processing plant

The VND20 billion facility covers 8.7 hectares and has the capacity to process 1,000 tonnes of rubber annually during the first phase of its operation.

The company will invest nearly VND40 billion in the second phase of the project to raise the plant's production capacity to 3,800 tonnes per year, including 3,000 tonnes of smoked sheet rubber and 800 tonnes of crepe rubber.

The plant’s wastewater treatment station, invested with a total of VND31 billion, is also being constructed with the support of the Vietnam Rubber Industry Group.

To date, the Quang Nam Rubber Company has invested in 4,500 hectares of rubber plantations in Hiep Duc, Nong Son, Nui Thanh, and Phuoc Son districts, 1,500 of which are now being exploited.

The company exploited 1,600 tonnes of rubber latex in 2011, generating a total revenue of VND120 billion. It expects its total rubber latex production will increase to 2,000 tonnes in 2012.

NhanDan

TagTag:

Latest News ⁄ Investing

Based on MasterCMS Ultimate Edition Ver 2.8 2018