PETROLEUM NEWS

Updated: 26-07-2018 | Views: 1830

Thursday, 26 Month 07 Year 2018 | Views: 1830

Contract signing Ceremony of cooperation in processing DTY of PVTex

PetroVietnam Petrochemical and Textile Fiber Joint Stock Company (PVTex) with An Phat Holdings Joint Stock Company (APH) and An Son Textile Fiber Joint Stock Company signed a contract for processing DTY of PVTex.

Attending the signing ceremony was the Chairman of the Board of Members of PVN – Mr.Tran Sy Thanh, Board members, Leadership of specialized departments of PetroVietnam, PVTex and some member units of PetroVietnam.  APH Group had the Chairman of Board of Directors – Mr. Pham Anh Duong, Board Members, members of Board of Directors, General Director of An Son Textile Fiber Joint Stock Company - Mr.Ho Tri Dung. The signing ceremony was attended by leaders of the Oil & Gas, Planning and Industrial Departments of the Ministry of Industry and Trade.

Signed the contract of cooperation in processing DTY of Dinh Vu Fiber JSC - (Petrovietnam Petrochemical and Textile Fiber Joint Stock Company)

Production activities at Dinh Vu Fibers Factory. 

PVTex has been extensively inviting partners to cooperate and, as a result, the partnership between APH Group and international partners from India and Singapore has been selected to come to cooperative negotiations.

On 27th April 2018, PVTex and APH Group officially signed a Memorandum of Understanding (MOU) for production and trading of Dinh Vu fiberglass factory.

Production activities at Dinh Vu Fibers Factory

PVTex Chairman - Mr.Dao Van Ngoc presented the report on the activities to commercial operation of the factory and the cooperation between PVTex and An Phat Group.

The partnership between APH Group and its partners is not only strong in terms of economic potential, but also in the field of fiber production. This event creates great confidence for the whole operation of the plant can reach the destination and bring success

An Phat Chairman – Mr. Pham Anh Duong spoke at the ceremony

Chairman of the Board of Members of PVN – Mr. Tran Sy Thanh spoke at the ceremony

Production activities at Dinh Vu Fiber JSC

With the potential of polyester fiber market is extremely wide opened, the cooperation between PVTex and APH Group and its member units shall have the potential, contributing to bringing the fiber product of PVTex to new heights and affirmation of position of polyester fiber in Vietnam. The event of signing contract for processing DTY fiber is important to the whole route of Dinh Vu fiberglass factory of PVTex

 

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