Once completed in September 2018, the facility is expected to produce steel pipes, galvanized steel tube, and uPVC and HDPE plastic pipes.
The plant construction will help improve the group’s production and supply capacity of steel and plastic pipes and meet demands of the northern market.
Currently, Hoa Sen Group holds nearly 40% of steel sheet market shares and nearly 20% of steel pipe market shares in Vietnam and its products are exported to more than 60 countries and territories across the globe.
Hoa Sen- the first Vietnamese business- shipped 20,000 tons of steel sheets to the US market in February, 2016.