# DenimoTech and Vung Ro Petroleum to build bitumen plant in Phu Yen, Vietnam

DenimoTech and Vung Ro Petroleum signed an agreement to build a high-tech bitumen plant in Phu Yen, Vietnam, with a storage capacity of 12,000 MT (phase 1) and 30,000 MT (phase 2). Investment is over US$500 million.

- Type: New facility
- Announced: 2018-01-11
- Where: Phu Yen province, Vietnam
- Value: $500.0M
- Status: announced
- Capacity: 12,000 MT storage (phase 1), 30,000 MT (phase 2)
- Products: bitumen emulsion, polymer-modified bitumen, bituminous binders
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Vung Ro Petroleum Company Limited](https://endata.com/companies/29358.md)
- [DenimoTech](https://endata.com/companies/29357.md) (partner)

## Sources

- [english.vov.vn](https://english.vov.vn/en/investment/high-tech-bitumen-plant-to-be-built-in-phu-yen-366569.vov), 2018-01-12: "The construction of the plant will be divided into two phases."

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