Home / Knowledge / News / Textiles / PetroVietnam inks JV to set up polyester fibre plant
PetroVietnam inks JV to set up polyester fibre plant
23
Feb '09
The Vietnam National Oil and Gas Group (PetroVietnam) and the Hai Phong City People's Committee have signed a deal to set up a Polyester Fibre Plant as part of the various projects planned by PetroVietnam in the city.

According to terms of the agreement, the People's Committee will fully support and create favourable conditions for setting up of the infrastructure needed for the projects. Most of these projects are scheduled to begin commercial operations in 2010.

Other than the Polyester fibre plant, PetroVietnam intends to set up a Oil and Gas Service Port and Liquefied Petroleum Gas storage tanks. Apart from the above, PetroVietnam has committed itself to other projects in the city.

The polyester fibre plant is to be located in the Dinh Vu Economic Zone and will be built at cost of US $311. 8 million and have a capacity to produce 175,000 tons of the polyester fibre per annum. The construction of the building is expected to be completed in December 2010.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Courtesy: Alibaba

Apparel/Garments | On 21st Feb 2017

Alibaba announces retail partnership with Bailian Group

Chinese e-commerce giant Alibaba Group has made another move in its...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Apparel/Garments | On 21st Feb 2017

Govt may free up retail FDI for domestic goods

Government may remove restrictions on retailers like Walmart and...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search