Construction work starts on $14.3m fertiliser plant

Wednesday, May 29, 2013 14:00

NINH BINH (Biz Hub) — Construction of a VND300 billion (US$14.3 million) fertiliser plant kicked off yesterday in the northern province of Ninh Binh.

Financed by Binh Dien Fertiliser Co, an affiliate of the Viet Nam Chemical Group, the plant will have an annual production capacity of 400,000 tonnes. The first phrase is expected to provide 200,000 tonnes of products.

The plant is one of the group's seven fertiliser projects, which are expected to produce eight million tonnes per year by 2015.- VNS

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