The Australia-based Nuplex Resins Group yesterday kicked off the project of expanding emulsion plastic manufactory sited in Bien Hoa 2 Industrial Park. The project has total investment capital of $7 million.
The new manufactory would concentrate on producing emulsion polymers, alkyd emulsion for coating use in air dry enamels and primers.
After completion, the designed capacity of the manufacture would be raised to 50,000 tonnes per year. The products would be distributed in Vietnam, Switzerland, Thailand, Malaysia, China, The US, Australia, Singapore and Cambodia.