# Halead New Material to invest $155M in polyester filament plant in Vietnam

Halead New Material Co. will invest USD 155 million to build a polyester filament factory in Phuoc Dong Industry Park, Tay Ninh province, Vietnam. The 330,000 sq. m. plant will have annual production capacity of 110,000 tons.

- Type: New facility
- Announced: 2018-05-18
- Where: Phuoc Dong Industry Park, Tay Ninh province, Vietnam, Vietnam
- Value: $155.0M
- Status: announced
- Capacity: 110,000 tons per year
- Products: polyester industrial filament, differential polyester industrial filament
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Halead New Material Co.](https://endata.com/companies/31937.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/-pvc-maker-halead-aims-for-overseas-expansion-with-vietnam-plant), 2018-05-18: "The move will enhance Halead's global competitiveness in terms of chemical fiber products while leveraging Chinese firms' investment strengths in Vietnam."

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