Page 5 - VSIP News QI2014

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TENANT NEWS
Thanh Hoa Printing One Member Co.,
Ltd Breaks Ground
Grand Opening of Masterbatch
Compound Factory of Polymer Asia
Joint Stock Corporation
Amway Vietnam builds the
second facility
On 22 February, 2014
Thanh Hoa Printing One
Member Co., Ltd held its ground breaking ceremony
at VSIP II. The total investment capital of the project
is valued at eight billion Vietnam dongs. The factory
will specialize in printing label and mainly supply to
local market.
On 13 March 2014
, Polymer Asia Joint Stock
Corporation commenced operation of its plant
in VSIP II – their second factory in Vietnam.
After 06 months of construction, the plant has
started its production and will have an initial annual
production capacity of 2,000 tons masterbatch
compound, exclusively supplying for Sumitomo
Chemical. The total investment of the plant is
US$800,000.
On March 21
, Amway Vietnam Co, Ltd under the auspices
of US Amway Corporation officially broke ground its second
factory in Vietnam.
With an initial investment capital of $25 million, the factory
located in VSIP II will be built on an area of 55,000 square
metres.
The new 5-hectare facilities will produce vitamins, mineral
nutrients and dietary supplements with three production
assembly lines at an annual capacity of 23 million units
worth $200 million a year.