Dat Phuong (DPG) signed a USD45 million contract to install a super white floral glass production line
Sunday, July 14,2024AsemconnectVietnam - Dat Phuong's first ultra-white floral glass factory will have a capacity of 400 tons/day, expected to expand to 1,000 - 1,200 tons/day in phase 2.
Dat Phuong Glass Joint Stock Company under Dat Phuong Group (DPG code: HOSE) has officially signed a contract with China Construction Materials International Construction Group Co., Ltd. (Khai Thinh Group) on providing and installing technological lines for the ultra-white floral glass factory and accompanying technical services.
With a total investment value of up to USD45 million, this is considered an important step in Dat Phuong's development strategy when initially participating in the field of glass industrial products, with priority given to the production of solar panels. Dat Phuong's first ultra-white floral glass factory will have a capacity of 400 tons/day, expected to expand to 1,000 - 1,200 tons/day in phase 2.
Mr. Luong Minh Tuan, Chairman of the Board of Directors of Dat Phuong Group affirmed his confidence in the development potential of the project, and is committed to bringing to the market quality products according to international standards, meeting the needs of markets such as the US and Europe. VietinBank - Nam Thang Long Branch continues to be the investment financing partner accompanying Dat Phuong in conquering the field of floral glass production.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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