Project status: Completed licensing procedure
Objective: Producing airbag fabric
Land area: 33,212 m2
Investment capital: $40 - $50 million
Location: Thai Binh
Manufacturing of airbag fabric (nylon 66 fabric). Perform airbag fabric processing (receiving yarn materials, processing textiles for customers). Finishing of textile products (silicone coated or laminated). Design capacity: 11,,000,000 m3/year, of which: Manufacture of airbag fabric (uncoated fabric): 5,075,000 m3/year. Airbag fabric production (covering fabric): 4,225,000 m2/year. Fabrication of airbag fabric (covering fabric): 1,700,000 m2/year. The progress of the project implementation is as follows:
From February 2022 to June 2022: Carrying out procedures for business registration, land, environment, fire prevention, and construction.
From June 2022 to February 2023: Building factories.
From February 2023 to May 2023: Installation of machinery and equipment.
From June 2023 to July 2023: Test run of machinery and equipment.
From July 2023 to April 2024: Customer approves the product.
From April 2024 onwards: Officially put into operation.
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