Hoa Phat Container Plant in Ba Ria Vung Tau to Start Construction
Vietnamese steel maker Hoa Phat announced that the Department of Planning and Investment of Ba Ria in Vung Tau province has granted the business registration certificate to Hoa Phat Container Manufacturing Joint Stock Company on 12 April 2021. Hoa Phat Group has arranged enough capital to implement the project according to the committed schedule with the locality. It is expected that Hoa Phat will complete the procedures and start construction in June 2021.
Raw materials for the production of empty container shells are HRC steel, special grade SPA-H, natural resistance, weather resistance, products of Hoa Phat Dung Quat Iron and Steel Production Complex. In Vietnam, only Hoa Phat can produce this type of steel. Raw materials for the production of empty container shells are HRC steel, special grade SPA-H
With an output of 500,000 TEU per year, container production will collect 1 million tonnes of HRC hot rolled coil per year, which is produced at Hoa Phat Dung Quat Iron and Steel Complex and Hoa Phat Dung Quat 2 Project.