Petrolimex Begins Building $5 Mln Paint Factory in Southern Vietnam
A unit of Vietnam National Petroleum Corporation (Petrolimex) has recently started to build a paint plant at a total cost of $6 million in southern Binh Duong province.
The facility, built by Petrolimex Export-Import Joint Stock Company, is set to have an annual capacity of 10 million liters of paint. Its products will be sold on domestic market and exported.
The Petrolimex paint plant, located in Vietnam-Singapore Industrial Park II, has production line system imported from Europe.
The project is slated for completion in late 2008. (Trade)
Vietnamese
