Posted on 21 Mar 2016
On March 17, Hoa Sen Group started construction on a plant covering 20.4ha at the cluster of Kien Khe I industrial parks of northern Ha Nam Province at a cost of VND3,000 billion.
Once completed in September 2018, the facility is expected to produce steel pipes, galvanized steel tube, and uPVC and HDPE plastic pipes.
The plant construction will help improve the group’s production and supply capacity of steel and plastic pipes and meet demands of the northern market.
Currently, Hoa Sen Group holds nearly 40% of steel sheet market shares and nearly 20% of steel pipe market shares in Vietnam and its products are exported to more than 60 countries and territories across the globe.
Hoa Sen- the first Vietnamese business- shipped 20,000 tons of steel sheets to the US market in February, 2016.
