# An Phat Holdings breaks ground on PBAT compostable resin plant in Hai Phong

An Phat Holdings held a ground-breaking ceremony for a PBAT Compostable Resin Plant in Nam Dinh Vu Industrial Park, Hai Phong, Vietnam. It is described as the first PBAT green material factory in Southeast Asia.

- Type: New facility
- Announced: 2022-02-09
- Where: Nam Dinh Vu Industrial Park, Hai Phong, Vietnam
- Value: $120.0M
- Jobs: 200
- Status: under construction
- Capacity: 30,000 tons per year
- Products: PBAT compostable resin
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [An Phat Holdings](https://endata.com/companies/4257.md)

## Sources

- [anphatbioplastics.com](https://anphatbioplastics.com/en/news/news-events/an-phat-holdings-officially-organized-ground-breaking-ceremony-for-the-largest-green-materials-factory-in-southeast-asia.html), 2022-02-09: "An Phat Holdings officially organized Ground Breaking Ceremony for PBAT Compostable Resin Plant."
- [hanoitimes.vn](https://hanoitimes.vn/construction-of-120-million-compostable-resin-factory-kicks-off-in-hai-phong.585924.html), 2022-02-10: "An Phat Holdings will represent Vietnam on the global map of green materials and become a pioneer in implementing Vietnam’s commitment to achieving net-zero emissions by 2050."
- [hanoitimes.vn](https://hanoitimes.vn/construction-of-120-million-compostable-resin-factory-kicks-off-in-hai-phong-319953.html), 2022-02-10: "An Phat Holdings will represent Vietnam on the global map of green materials and become a pioneer in implementing Vietnam’s commitment to achieving net-zero emissions by 2050."

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