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Recently, the groundbreaking ceremony of the biodegradable plastic (PBAT) factory project under An Phat Holdings was held in Nam Dinh Vu Industrial Zone, Hoi An County, Hai Phong City, Vietnam
.
The biodegradable plastic production plant is the first green raw material production plant in Southeast Asia.
It is listed in the list of high-tech projects for priority investment, with an annual production capacity of 30,000 tons.
It is expected to be completed in 24 months
.
The total investment of the project is 120 million US dollars.
After it is put into operation, it will be able to meet the demand for raw materials of Anfa Holding Group and export it at the same time
.
The project is expected to create employment opportunities for about 200 high-quality workers
.
Fan Yingyang, chairman of Anfa Holding Group, said that the project will solve the group's demand for raw materials, implement raw material autonomy, reduce costs, and deliver products to consumers, thereby replacing traditional plastic products
.
On the other hand, the group hopes to take the lead in developing this market in Vietnam as the green development trend continues to expand
.
The group strives to be the first to implement Vietnam's commitment to net zero emissions by 2050
.
The official start of the biodegradable plastic production plant is an important foundation for the Group to further expand and develop green products and raw material projects around the world
.
Anfa Holding Group strives to become a leading high-tech and environment-friendly plastics group in Southeast Asia, boosting the development of Vietnamese enterprises and enhancing the status of Vietnam's high-tech and environment-friendly plastics brand
.