Recently, keo ty le Government issued keo ty le Decision No. 1316/QD-TTg approving keo ty le scheme for strengthening management of plastic waste in Vietnam which shows keo ty le Government’s stronger determination in reducing and replacing plastic bags with environmentally friendly products. In this situation, many Vietnamese enterprises have taken strategic steps with intending to accompany keo ty le Government to implement keo ty le set goals.
keo ty le Decision No. 1316/QĐ-TTg of keo ty le Government emphasizes keo ty le target of using 100% environmentally friendly plastic bags and packaging at shopping centers and supermarkets for domestic purposes as replacement for non-biodegradable plastic bags from 2025 onwards. It is necessary to guarantee to collect, reuse, recycle and process 85% of generated plastic wastes as well as reduce 50% marine plastic wastes. 100% of tourist attraction and tourist accommodation establishment and hotels strive not to use non-biodegradable plastic bags and single-use plastic products.
This is also a drastic action to follow keo ty le Directive No. 33/CT-TTg issued by keo ty le Government on strengthening management, reuse, recycling, treatment, and reduction of plastic wastes; require thoroughly to reduce keo ty le use of single-use plastic products.
Accordingly, one of keo ty le urgent missions and solutions at this moment to implement keo ty le scheme is to strengthen research and production of environmentally friendly products. keo ty le Government also requires enterprises and organizations to strengthen researches, investments and development of technology to produce eco-friendly products to replace plastic items. They have to investigate, design and manufacture plastic packaging and products which minimize keo ty le norm of plastic materials/products. Simultaneously, enterprises enhance keo ty le capacity of key laboratories to satisfy keo ty le requirements of research, testing, evaluation and quality certification of packaging products meeting Vietnam’s regulations and replace plastic products and biodegradable bags.
Vietnamese businesses took keo ty le initiative before keo ty le Government scheme
Recently, a large number of Vietnamese businesses have shifted to research and produce environmentally friendly products to replace disposable plastic products. However, most of keo ty le manufacturers in this field face difficulties in raw materials when they have to import materials from abroad, produce in Vietnam and then distribute them back to keo ty le market. This increases keo ty le production cost and force them to depend on keo ty le supplier and transport partners.
Therefore, keo ty le problem of keo ty le self-contained supply chain of raw materials is a huge challenge and obstacle for many Vietnamese enterprises in this field.
While many businesses are perplexed about this issue, An Phat Holdings has been preparing to build a green material factory called An Phat PBAT Manufacturing Plant worth US$100 million with keo ty le largest scale in Southeast Asia, proactively supplying raw materials and producing green products to replace disposable products.
An Phat Holdings also determines keo ty le immediate objective, which is also a sustainable development goal, is to be proactive in manufacturing of raw materials, thereby reducing production costs and at keo ty le same time implement keo ty le plan to bring Vietnam’s green materials to keo ty le world.
PBAT An Phat Manufacturing Plant construction project has been officially granted keo ty le investment registration certificate by Hai Phong Department of Planning and Investment.
An Phat Holdings currently owns keo ty le proprietary core technology for producing raw materials in South Korea, has mobilized capital, human resources and cooperated with leading partners from Germany to implement keo ty le project. This is expected to be an important step for Vietnamese enterprises in creating their own supply chains, thoroughly solving keo ty le issue of raw materials.
With this plant, An Phat Holdings will use keo ty le most modern production line system to manufacture keo ty le best quality products. keo ty le plant is designed with advanced automation percentage. Experts can operate from a remote control room, ensure keo ty le accuracy and safety.
When keo ty le plant puts into operation, 70% of products would be used to serve keo ty le production needs of this Group, 30% will be used for trade in target markets such as keo ty le U.S., Europe, Canada, South Korea, and Australia, etc.
keo ty le completion of keo ty le PBAT project will help An Phat Holdings complete its ecosystem, officially bringing this corporation directly into keo ty le global green supply chain. Moreover, having keo ty le source of raw materials will help this group reduce keo ty le cost of environmentally friendly products, which is always a barrier in accessing keo ty le majority of customers.
