# Riken Vietnam opens $38M plastics plant in Binh Duong

Riken Vietnam Co., Ltd. inaugurated its second plant in Binh Duong province, Vietnam, on November 22, 2024. The $38 million facility covers 7.5 hectares in VSIP II-A Industrial Park and has an annual capacity of 32,000 tons of plastics.

- Type: New facility
- Announced: 2024-11-22
- Where: Binh Duong province, Vietnam
- Value: $38.0M
- Starts operating: 22 Nov 2024
- Status: completed
- Capacity: 32,000 tons per year
- Products: plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

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

## Sources

- [theinvestor.vn](https://theinvestor.vn/japans-plastics-firm-riken-opens-2nd-plant-in-southern-vietnam-d13464.html), 2024-11-23: "Riken Vietnam Co., Ltd. on Friday inaugurated its second plant in Vietnam in the southern province of Binh Duong after 10 years of operation in the country."

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