Illustrative image (Source: tinnhanhchungkhoan.vn) Hanoi (VNA) – Steel maker Hoa Phat Group is recruiting experienced personnel for a cargo container manufacturing project expected to start production in the second quarter of next year, according to the company. The new shipping container plant will have a designed capacity of 500,000 twenty-foot equivalent unit (TEU) per year. Global demand for cargo containers is on the rise as a result of growing e-commerce and foreign trade, said Nguyen Manh Tuan , Vice Chairman of the Hoa Phat Group . "We have been conducting research in various fields and are confident we have the 'firepower' to make the container manufacturing project successful and competitive with manufacturers from China, the world's leading container producer," he said. The group's recruiters are working against the clock to enable the construction of the plant to begin as soon as possible. According to Hoa Phat, shipping containers are made from weather-resistant and expensive SPA-H steel. Steel currently accounts for about 55 percent of the production cost. In Vietnam, only the Hoa Phat Dung Quat Complex has the technology to produce this type of steel at a reasonable cost, Tuan said. Hoa Phat has estimated it will need to produce… Read full this story
- Leading steelmaker Hoa Phat posts 32-percent rise in steel export volume
- Ministry of Finance postpones plan of tax increase on hot rolled steel coil
- Major retailers take Asanzo products off shelves
- Squonkers, drippers and cloud chasers: the rise of vape culture
- Apple asks government for tariff exemption on Mac Pro parts imported from China
Steel maker Hoa Phat to manufacture cargo containers have 258 words, post on en.vietnamplus.vn at February 26, 2021. This is cached page on VietMaz. If you want remove this page, please contact us.