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Vinachem to invest $375m in major projects

Monday, 17/01/2011, 14:09 GMT+7

The Viet Nam National Chemical Corporation (Vinachem) will invest VND 7.5 trillion ($375 million) in fulfilling its major projects this year.

Some include developing Ninh Binh coal and nitrogenous fertiliser and expanding and restructuring the Ha Bac chemical and nitrogenous plant, a radian tyre plant in central Da Nang City with a capacity of 600,000 tyres a year, and the Nhon Trach batteries plant with a capacity of 2 million kwh per year.

The Ministry of Industry and Trade has outlined some solutions to stabilise the fertiliser market by boosting production and temporarily minimising exports, said Nguyen Quoc Tuan, a Vinachem official.


Post by : thai02h5


 

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