VRG Deploys New MDF Production Line

A contract on deployment of a new medium-density fibreboard (MDF) production line was signed in Ho Chi Minh City by Vietnam Rubber Group (VRG), IMAL PAL Company, the equipment supplier, and Vietcombank, the lender of VND750 billion for the project.

VRG said, with two completely trusted partners - one is a world-leading equipment supplier and another is a top financial service provider in Vietnam, the production line No. 2 of VRG - Quang Tri MDF Plant will be carried out immediately after the contract was signed. Deposit disbursement for equipment import and infrastructure construction will be deployed immediately.

 

VRG believed that, with the support of the two partners, IMAL PAL and Vietcombank, plus the effort of VRG, the project progress will be surely shortened to about 18 months and its capacity will be raised 150,000 cubic metres a year.