Far Eastern Polytex (Vietnam)
Overview
Far Eastern Polytex (Vietnam) Co., Ltd., the investment license was officially issued by Mr. Tran Van Nam, Governor of Binh Duong Province to Mr. Humphrey Cheng, Chairman of Far Eastern Polytex (Vietnam) Co., Ltd. on 2015/6/29. The total investment amount in the first phase reached 274 million US dollars. It is the first Petrochemical and Textile vertical integration factory in Binh Duong province. In the second phase of 2017, the total investment was increased to 760 million US dollars. It is estimated that the total investment in 2020 will be expanded to 1.36 billion US dollars.
The factory area mainly includes:
- Petro Chemical Solid State Polymer，Filament and staple fiber factory area (North Factory)
- Weaving, dyeing and finishing textile mills (South Factory)
- Wastewater treatment and Utility Area
In order to take care of petrochemical customers, the Ho Chi Minh City Office was established in the 7 District in mid-2017, and further assisted the establishment of the administrative headquarters office in the relevant activities of the Far East Group. And became the first open space office environment of the Far East Group.
