Trelleborg to build modern maritime product manufacturing plant in Vietnam
Trelleborg Marine and Infrastructure has set its sights on Vietnam for the establishment of an advanced manufacturing facility, marking a strategic move to expand its presence in Southeast Asia and cater to the growing demand for maritime and infrastructure products.
Trelleborg Marine and Infrastructure is preparing to establish a state-of-the-art manufacturing facility in Vietnam, cited the technology portal for ports and terminals Port Technology International.
This manufacturing facility is expected to be completed by the end of 2025 and commence operations in 2026. The plant will be located in the specialised industrial park (SIP) of Phu My 3 in the southern province of Ba Ria-Vung Tau, one of the eight key economic provinces in southern Vietnam.
This initiative is part of Trelleborg's strategic roadmap to achieve sustainable long-term growth and enhance its production capacity.
With over 100 years of experience, the Swedish conglomerate Trelleborg is a world leader in engineered polymer solutions that seal, dampen, and protect critical applications in demanding environments.
The company's website notes, “When it comes to marine systems and infrastructure solutions, Trelleborg Marine and Infrastructure has over 40 years of experience in providing infrastructure, advanced marine fenders, oil and gas transfers, ship performance solutions, docking and mooring equipment, surface buoyancy, and service and support.”
Trelleborg aims to bolster its manufacturing capabilities in marine fender systems, maritime construction, and infrastructure by establishing a new facility in Vietnam.
According to Trelleborg, the Vietnamese facility will complement the existing operations at its plant in Quingdao, which serves the Chinese market and other regions worldwide.
Richard Hepworth, chairman of Trelleborg Marine and Infrastructure, expressed his delight in embarking on a new chapter in Vietnam, the third-largest economy in Southeast Asia.
Hepworth further justified the decision to establish a second facility close to the existing production site in Quingdao as a logical step.
"With the new facility in Vietnam, we can further enhance our production standards and distribution network to better serve our customers across the Asia-Pacific region and beyond," Hepworth stated.
According to the European Rubber Journal, the plant will require an investment of around SEK400 million (approximately $36.6 million).
SIP Phu My 3 boasts a strategic geographical location due to its proximity to major transportation routes. The industrial zone is approximately 60km from Ho Chi Minh City, 2km from the deepwater port of Cai Mep-Thi Vai, and around 30 minutes by car from the upcoming Long Thanh International Airport, scheduled to open in 2025.
By Trung Duong
Source: VIROriginal link