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.
Bosch committed an additional 58 million euros to its Powertrain Solutions CVT pushbelt plant at Long Thanh Industrial Park in Dong Nai, Vietnam, to raise capacity and turn it into a smart factory. Bosch will have invested 321 million euros in the plant in total by the end of 2018.
Bosch announced a 60 million euro investment to expand its thrust link belt production in Vietnam, part of its Southeast Asia manufacturing growth.
Tetra Pak broke ground on a $110 million, 100,000 square metre packaging material factory at Vietnam-Singapore Industrial Park II-A in Binh Duong. It is expected to start commercial operations by early 2019 with capacity of 20 billion packs per year.
Hyundai Engineering signed a $320 million turnkey contract to build water supply and treatment utility facilities for the Long Son petrochemical complex in Vietnam, a $4.5 billion project by a joint venture including Vietnam National Oil and Gas Group.
Crown Đà Nẵng is installing a second production line at its Da Nang aluminum can plant, with total investment of USD 70 million and operations expected from September 2017, raising capacity to 1.6 billion cans per year.
Vina Kraft opened its second paper and packaging mill in Mỹ Phước 3 Industrial Park, Bình Dương, on April 24, 2017. The two Binh Duong plants now have combined capacity of 500,000 tonnes per year.
Crown plans to expand its Da Nang beverage can plant in Lien Chieu Industrial Park, Vietnam, to 1.6 billion cans in the fourth quarter of 2017. The plant was first built in 2013 with a 730 million can capacity and $40 million investment.
Panasonic Eco Solutions Vietnam broke ground on an additional factory building in Binh Duong Province, costing about 1 billion yen. The expansion aims to double wiring device and circuit breaker capacity by FY2020.
Tetra Pak received an investment certificate to build a $124 million paper-board carton factory in Binh Duong province, Vietnam, its first in the country. Commercial operations are expected by Q2 2019 with expandable capacity of about 20 billion packs per year.
Showa Aluminium Can Corporation, a subsidiary of Showa Denko Group, planned to start producing sleek aluminium beverage cans in Vietnam from December 2016. The investment volume and capacity were not disclosed.
Tetra Pak announced a £88.5m investment in a state-of-the-art regional manufacturing facility near Ho Chi Minh City, Vietnam. The announcement was reported on 2016-11-16.
Tetra Pak has announced a £88.5 million investment in a new regional packaging material factory near Ho Chi Minh City, Vietnam. It is expected to start operations in Q1 2019 with capacity of about 20 billion packs a year.