Work starts on Asia’s largest wood processing plant
MDF VRG DONGWHA Joint Stock Company broke the ground of a 120 million USD fibreboard processing plant in the southern province of Binh Phuoc on July 13.
MDF VRG DONGWHA Joint Stock Company broke the ground of a 120 millionUSD fibreboard processing plant in the southern province of BinhPhuoc on July 13.
The plant, the largest of its kind in Asia , is expected to churn out1,000 cu.m of medium-density fibreboard (MDF) a day.
President of MDF VRG DONGWHA JSC Le Minh Chau said the plant is expectedto start operation in the first quarter of 2012.
The plantwill use wood materials supplied by Binh Phuoc, Binh Duong, Tay Ninh andDak Nong provinces. Its products will be exported, thus helping promoteBinh Phuoc province’s modernisation and industrialisation process.
VRG DONGWHA is a joint venture between the Republic of Korea ’sDONGWHA group, Asia ’s biggest wooden fibreboard manufacturer, and theVietnam Rubber Industry Group./.
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