On April 9, the groundbreaking ceremony of EuP's new factory took place in Long An province with the participation of representatives of the Board of Directors. This is the fifth factory in the factory system of EuP.
With the goal of improving production capacity and specializing our products to meet the increasing demands of customers, EuP has started the construction of the fifth factory in Xuyen A industrial zone, My Hanh Bac Commune, Duc Hoa District, Long An Province. So, after Ha Nam, Nghe An, Hai Phong, and Yen Bai factories, the factory in Long An will be the fifth factory under the EuP factory system.
Located on an area of about 1.5 hectares, EuP's new factory is expected to focus on producing two main product lines, color masterbatch, and plastic engineering compounds, with an annual capacity of about 12,000 tons.
Color masterbatch and plastic engineering compounds are two strategic product lines of EuP. If color masterbatch provides high-quality coloring solutions for finished products, plastic engineering compounds are high-tech plastic materials, specialized for finished products that require complex processing such as machine parts, engineering, electronic components, electrical appliances, auto parts, motorcycles,...
The focus on producing color masterbatch and plastic engineering compounds at the new factory show the ambition and determination of EuP in conquering the market share of plastics. In addition, the specialization of production at the new factory also creates conditions for businesses to improve product quality, thus increasing their competitiveness against foreign competitors that have advantages in terms of technology and production experience.