Panasonic Electric Works Vietnam began full-scale operations on January 23, 2024 at a new production building for wiring devices and circuit breakers in Binh Duong. The company expects production capacity to reach about 1.8 times its 2022 level.
Binh Son Petrochemical Packaging and Trading JSC (Vietnam) opened a direct tender to buy raw materials for packaging production, valued at 4,045,635,000 VND. Bid closing was set for 11 December 2023, and the tender was published 22 December 2023.
Tetra Pak received an investment certificate to raise its investment in its Binh Duong, Vietnam factory to $173 million, expanding the existing aseptic carton packaging project. The certificate was granted at the Meet Singapore 2023 event.
Thailand's SCG Packaging (SCGP) agreed to acquire a 70% stake in offset folding carton producer Starprint Vietnam through its Singapore subsidiary, at an estimated value of VND676.08bn ($27.73m). The plant operates in the Long Binh Industrial Zone in Dong Nai, Vietnam.
Workshop X260 of the Army Department tendered a package for adhesive tape, carton boxes and PE bags for production, valued at 1.603 billion VND, with approval dated 21 September 2023. A winning contractor was listed in the tender result.
Depak Company Limited received approval to raise its investment in a packaging factory at Bim Son Industrial Park, Thanh Hoa, from VND85 billion to VND394.2 billion (about $14.74 million). The plant will make carton packaging and plastic wood products, with operations expected 37 months after land handover.
Mong Duong Thermal Power Company, a unit of Power Generation Corporation 3, awarded a 2023 contract for SCTX materials for pumps, valves and bearings, tender value 9.105 billion VND.
SCG Packaging's board approved buying a 70% stake in Starprint Vietnam JSC, an offset folding carton maker in Dong Nai, Vietnam, for up to 1,050 billion dong (about 1.5 billion baht). Flexible packaging maker Starflex will take 25% of the vehicle after the deal, which is expected to close in Q3 2023.
Millennium Group International Holdings launched a new paper-based packaging manufacturing facility in Hung Yen Province, Vietnam, producing color boxes and packaging for sports, electronics, toys and consumer goods.
Ninh Binh Nitrogenous Fertilizer Ltd.Company ran an online tender for supply of packaging materials, valued at 7.074 billion VND, with a winning contractor selected by a decision dated 13 January 2023. The winning bidder's name is not shown in the text provided.
Valmet will supply key process technology for Cheng Loong Binh Duong Paper's new containerboard machine BM 23 at its Ben Cat mill in Binh Duong Province, Vietnam. The order value was not disclosed.
Indorama Ventures completed its acquisition of Ngoc Nghia Industry Service Trading JSC, a Vietnamese PET preforms, bottles and closures producer with four plants and 76,000 tons annual PET conversion capacity.
DIEFFENBACHER signed contracts with Kim Tin Group on December 5, 2021 to supply two MDF production lines for sites in Binh Phuoc and Dong Nai, Vietnam, with combined capacity of one million cubic meters per year. Kim Tin's total MDF investment is 350 million US dollars.
Oji Holdings decided to establish a new corrugated container plant in Vinh Phuc province, Vietnam, with planned investment of about JPY 5 billion ($44.2 million) and operations starting July 2023.
Trelleborg Sealing Solutions intends to establish its own sealing production plant in Vietnam and is currently examining options. The move is part of a group investment of just under SEK 300 million across several countries.
Thailand's SCG Packaging announced an 11.8 billion baht expansion in packaging paper in Vietnam through joint venture Vina Kraft Paper, building a new facility in Vinh Phuc to start in early 2024.
Tetra Pak announced an additional EUR 5 million investment in its EUR 120 million packaging material factory in Binh Duong Province, Vietnam, on September 16, 2021. The upgrade will raise annual output from 11.5 billion to 16.5 billion packages.
RORZE Robotech decided to build an additional factory in Hai Phong, Vietnam, to make semiconductor, FPD and life science equipment. The investment is USD 16.2 million, with construction starting December 2021 and completion scheduled for the end of August 2022.
SCG Packaging (SCGP) completed its 70% merger and partnership investment in Duy Tan Plastics Manufacturing Corporation, Vietnam's leading rigid plastic packaging producer, with total payments capped at 6,400 billion VND and consolidation from August 2021.
Phu My Thermal Power Company posted a tender notice for Package 4, the supply of valve and pump supplies for regular repair work in Vietnam, with bid closing on 25 May 2021.
SCG Packaging (SCGP) plans to invest over 10 billion baht to expand its integrated packaging business in Vietnam to meet demand from consumer goods and other industries. The article is dated 10 February 2021.
SCG Packaging plans to invest US$334 million in Vietnam as part of its expansion of packaging businesses, including the Duy Tan acquisition and paper production expansion in northern Vietnam.
SCG Packaging signed a contract with Duy Tan Plastics Manufacturing Corporation, Vietnam's leading rigid plastic packaging producer, on 9 February 2021 as part of its Vietnam expansion.
Thailand's SCG Packaging signed a share purchase agreement on February 9 to acquire a 70% stake in Duy Tan Plastics Manufacturing Corporation, Vietnam's top rigid plastic packaging producer, as part of a THB10 billion (US$334 million) investment in Vietnam.
Rengo's joint venture Thai Containers Group acquired 94.11% of Bien Hoa Packaging, a listed Vietnamese corrugated packaging and folding carton maker near Ho Chi Minh City. After the deal Rengo will have six corrugated and two folding carton plants in Vietnam.
SCG Packaging completed its acquisition of a 94.11% stake in Bien Hoa Packaging (SOVI), a listed Vietnamese corrugated box maker, for about 2.07 trillion dong. The deal closed on 18 December 2020, with SOVI consolidated from January 2021.
TCG Solutions, a subsidiary of Thailand's SCG, registered to buy over 12 million shares (94.11%) of Vietnamese carton packaging maker Bao bi Bien Hoa, valued at about 978 billion VND. Transactions are expected between December 16 and 31, 2020.
Ngoc Nghia Industry commissioned Frigel Group to completely retrofit the cooling system of its Interpet PET preform plant in Tay Ninh province, replacing eight chillers and four cooling towers.
Singaporean XP Power expanded transformer manufacturing capacity with an adjacent 25,500 sqm Phase 2 factory in Binh Duong, Vietnam. Reecons was contracted as design-and-build contractor for the MEP package, with 8 months of MEP installation.
Thailand's SCG Packaging (SCGP) signed a share purchase agreement to acquire 100% of Go-Pak UK Limited, a foodservice packaging maker with its base in Vietnam, expected to close around December 2020 and add over THB 2,800 million in annual revenue.
SCG Chemicals and A.J. Plast will set up a joint venture in Vietnam to produce and distribute biaxially oriented film, with a total capital of 700 million baht, SCG Chemicals holding 45%.
An Phat Holdings plans to build a factory making compostable materials at Nam Dinh Vu Industrial Zone in Haiphong, designed for over 20,000 tonnes per year and slated for completion by end-2021.
Siam Cement will acquire Vietnamese packaging materials maker Bien Hoa Packaging through a joint venture with Japan's Rengo; deal size is yet to be determined, and Bien Hoa produces 90,000 tonnes of cardboard boxes a year.
Vietnamese packaging maker Tapack decided to invest $1 million in a new environmentally friendly production line.
Rengo's Thai joint venture Thai Containers Group, through subsidiary TCG Solutions, acquired 94.11% of Bien Hoa Packaging, a corrugated cardboard and paper packaging maker near Ho Chi Minh City, Vietnam. The deal was announced on December 23.
BEUMER Group was commissioned by EPC contractor TTCL to supply complete bagging lines for the LLDPE plants at the Long Son Petrochemicals Complex in southern Vietnam, including three FFS filling machines, three palletizers and two stretch hood packaging machines.
Tri-Wall Vina Pack held the grand opening of its new packaging factory in Yen My II Industrial Park, Hung Yen Province, near Hanoi, Vietnam, on October 18, 2019. The factory serves the growing Vietnamese industrial base.
Panasonic Life Solutions Vietnam began construction of its second factory in Binh Duong, Vietnam, with over $45 million investment, to make ceiling and ventilation fans and start operations in January 2021.
EVN signed a contract with the DEC-ENTEC-TTP consortium, including Dongfang Electric, for the main electromechanical equipment supply package of the Tri An Hydropower Plant Expansion in Dong Nai province. The project is due for commissioning in Q4 2027.
Ham-Let, through subsidiary Rovac, won a $5.6 million order from a Vietnamese company for flow control products for an LNG terminal project, with delivery through 2022. Ham-Let has received orders totaling $10.2 million for the project so far.
US-based Universal Alloy Corporation began construction in March 2019 of a $170 million aircraft components factory at Danang's Hi-tech Park, in two stages with the first due in December 2020. The company plans to recruit 1,200 skilled workers.
Tetra Pak opened its €120 million greenfield aseptic carton packaging material factory in Binh Duong province, Vietnam, on 3 July 2019. The expandable plant serves domestic and export markets in ASEAN, Australia and New Zealand.
Phu My Plastics Production JSC will use Honeywell UOP propane dehydrogenation technology to produce polymer-grade propylene at its plant in Vung Tau Province, Viet Nam, with expected output of 306,000 tonnes per year.
An Phat Plastic & Green Environment JSC signed a contract to supply thin film packaging worth VND 1.4 trillion (US$60 million) to an unnamed Japanese partner.
Toll Group won a contract to provide warehousing, transport and value-added supply chain services for Suntory PepsiCo Vietnam Beverage in Vietnam, including a greenfield factory and warehouse site.
Dai Huu Joint Stock Company has commissioned its second packaging plant in the Quat Dong Industrial Cluster in Thuong Tin, Hanoi, with about 30,000 square meters of floor area. Total production capacity across its two factories rises to 145 million bags per year.
Constantia Flexibles Group is investing in new technology at its flexible packaging subsidiary in Vietnam to expand its product portfolio. The item is dated March 20, 2018.
Dongwon Systems completed a $10 million expansion of its Bac Ninh factory in Vietnam, adding about 4,500 pyeong of space to produce flexible packaging and PET for customers including Unilever, P&G and PepsiCo.
Hyundai Mipo Dockyard has contracted TMC Compressors of the Seas to supply marine compressed air systems for five 50,000 dwt product tankers being built for DSD Shipping at its Vinashin yard in Vietnam. Deliveries are due in 2019 and 2020. Contract value is undisclosed.
South Korean Hyosung Group is awaiting Vietnamese prime minister approval to start construction of a $1.2 billion polypropylene manufacturing complex at Cai Mep Industrial Zone in Ba Ria-Vung Tau. The first stage includes an LPG storage tank and a PP plant with 600,000 tonnes per year capacity.