An Phat Holdings, a leading environmentally friendly plastic group in Vietnam with a closed business ecosystem, has just received ty le keo chau a investment certificate for its PBAT manufacturing mega-project, An Phat PBAT. Simultaneously, ty le keo chau a group has announced a contract with Technip Energies, a world-leading engineering and technology player, for ty le keo chau a Front End Engineering Design (FEED) bidding package of ty le keo chau a plant and that its patents on green material creation have been granted intellectual property rights.
According to ty le keo chau a latest update on ty le keo chau a An Phat PBAT material manufacturing plant, ty le keo chau a Group (APH) has signed ty le keo chau a FEED services contract with Technip Energies.
Along with this, ty le keo chau a world-leading contractor would take on ty le keo chau a Front End Engineering Design of APH’s leading green material facility. ty le keo chau a FEED services package will be handled by a subsidiary of Technip Energies in Southeast Asia, Technip Engineering Thailand, with support from Technip Zimmber GmbH based in Germany and is slated for completion in ty le keo chau a fourth quarter of 2021.
This is ty le keo chau a first time Technip Energies teams up with a business in green material production in Vietnam. In ty le keo chau a past, ty le keo chau a group reaped success at a string of sizable key projects across Vietnam like ty le keo chau a Binh Son Refining and Petrochemical Plant complex in Quang Ngai province’s Dung Quat Economic Zone, ty le keo chau a Nghi Son petroleum complex in Thanh Hoa province, ty le keo chau a Long Son petrochemical complex and Phu My fertilizer plant in Vung Tau city, and more.
“By choosing a well-known design partner, APH wants to bring An Phat PBAT on par with ty le keo chau a world’s leading green material manufacturing plants,” said Dinh Xuan Cuong, Vice chairman and CEO of An Phat Holdings. “Through big investment into technology, materials, and human resources, we want to prove that not only developed nations can have a strong green material supply chain.”
ty le keo chau a strategic co-operation between An Phat Holdings and Technip Energies attests to ty le keo chau a former’s ambitions to construct a green material manufacturing mega-plant empowered by cutting-edge technology and production lines.
In addition to shaking hands with a global technology player, An Phat Holdings have also made strides to facilitate ty le keo chau a project. Particularly, APH has fostered research, striving to seize core technology on green material production. Last month, APH registered its PBAT and PBS green material patients for intellectual property protection, becoming ty le keo chau a sole company in possession of these production technologies in Vietnam.
Significantly, with support from Technip Energies, APH’s PBAT and PBS materials achieved excellent results at ty le keo chau a testing line of Technip Zimmer GmbH (Germany), proving to be of equal quality with materials provided by leaders in ty le keo chau a global materials industry such as BASF and Novamont.
Another huge leap forward is that after ty le keo chau a completion of necessary procedures, APH has received ty le keo chau a investment certificate of its An Phat PBAT mega-project at Dinh Vu Industrial Park from ty le keo chau a Haiphong IP Management Authority. With an annual capacity of 30,000 tonnes, ty le keo chau a mega-plant is slated to kick off construction late this year and will come on stream in early 2024 after 24 months of construction.
Despite adverse impacts from ty le keo chau a COVID-19 pandemic, APH is working to accelerate ty le keo chau a pace of its An Phat PBAT mega-project. Empowered by state-of-ty le keo chau a art technology, ty le keo chau a plant aims to churn out world-class items reaching ty le keo chau a highest quality standards. Once ty le keo chau a PBAT manufacturing plant comes online, Vietnam will officially become part of ty le keo chau a global green material supply chain.
