# Stroman Vietnam and KraussMaffei sign €14.5M equipment contract for pipes plant

Stroman Vietnam Plastic Corporation and Germany's KraussMaffei Group signed a strategic cooperation and technology transfer contract for HDPE, PPR and PVC extrusion machines for the second phase of the plant, valued at €14.5 million.

- Type: Contract
- Announced: 2017-10-21
- Where: Long An province, Vietnam, Vietnam
- Value: $17.0M (14.5M EUR)
- Status: announced
- Products: HDPE & PPR 630 extrusion machine, HDPE & PPR 1200 extrusion machine, PVC 400 extrusion machine
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Stroman Vietnam Plastic Corporation](https://endata.com/companies/27498.md)
- [KraussMaffei](https://endata.com/companies/11510.md) (supplier)

## Sources

- [vietnamnews.vn](https://vietnamnews.vn/bizhub/416164/first-phase-of-70m-pipes-factory-kicked-off.html), 2017-10-24: "Ströman Việt Nam Plastic Corporation and Germany’s KraussMaffei Group also signed the strategic co-operation and technology transfer contract ... valued at 14.5 million euros ($17 million)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.