2001年05月28日

More Investment Needed in Vietnam Resin Production

【カテゴリー】：原料/樹脂/化成品 【関連企業・団体】：なし

One key to further development in Vietnam's 800-strong plastics processing industry, which consumed 937.500 tonnes of resin in 2000, is more local supply of resin, according to Tran Cong Hoang Quoc Trang, president of the Vietnam Saigon Plastics Association (VSPA). The country is currently home to a solitary PVC resin plant with capacity of 80,000 tonnes/yr, plus associated compounding and additive (DOP) plants. A second, 100,000-tonnes/yr PVC plant, a joint venture of Malaysia's Petronas and local company PetroVietnam, is due on stream in October 2002. Furthermore, Tran says local, French, and American banks have shown interest in a $500 million investment that would see a polyethylene with capacity of 300,000 to 500,000 tonnes/yr constructed next to a refinery in central Vietnam. Completion, however, would be in 2005 at the earliest. Such projects, says Tran, will help accelerate resin consumption in Vietnam The industry has targeted domestic consumption of 2 million tonnes in 2010, which is over double that consumed in 2000. The target corresponds to per capita consumption of 21.8 kg (compared with 110 kg in Japan). The major export of Vietnam's plastics processing industry is shoes. $1.3billion-worth were exported in 2000. Tran feels that exports of other plastic products will grow once a bilateral trade agreement recently signed with the US is ratified.