On the morning of August 16, Thuan Duc Group held the inauguration ceremony of Thai Yen Factory phase 1 in Trieu Son – Thanh Hoa.
With a favorable geographical location, close to Nghi Son deep-water port and Tho Xuan (Thanh Hoa) airport scene, convenient for trade and cooperation, Thai Yen Factory Project is positioned as the production center of regenerated seeds of Thuan Duc Group system.
The project has a total area of 5.7 hectares with a total investment of VND 650 billion. Expected to bring revenue of 1,200 billion VND per year, creating jobs for more than 1,000 workers.
Phase 1, the factory has completed construction on an area of 7,000 m2. The management team of the factory are longtime experts in the recycling industry. Expected phase 1, the factory will bring revenue of 200 billion per year, create jobs for more than 300 local workers, contribute to the annual state budget 15-20 billion.
As a key link in the closed production chain, Thai Yen Factory will firmly consolidate Thuan Duc’s leading position in the PP packaging industry in Vietnam.