# Riken Vietnam opens second factory in VSIP II-A Industrial Park

Riken Vietnam Co., Ltd. inaugurated its second factory in VSIP II-A Industrial Park, Binh Duong province, Vietnam. The 7.5-hectare factory produces synthetic plastic compounds and related plastics, with a registered investment of US$38 million and capacity of 32,000 tons per year.

- Type: Expansion
- Announced: 2024-11-22
- Where: VSIP II-A Industrial Park, Binh Duong, Vietnam
- Value: $38.0M
- Starts operating: 22 Nov 2024
- Status: completed
- Capacity: 32,000 tons per year
- Products: synthetic plastic compounds, related plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Riken Vietnam](https://endata.com/companies/81256.md)

## Sources

- [vietnam.vn](https://www.vietnam.vn/en/cong-ty-tnhh-riken-viet-nam-mo-rong-dau-tu-them-nha-may-thu-2-tai-kcn-vsip-ii-a), 2024-11-22: "Riken Vietnam Co., Ltd. celebrated its 10th anniversary and inaugurated its second factory in VSIP II-A Industrial Park"

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