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Đạt Phương Group has signed $45 Million Contract for Super White Glass Production Line

05/07/2024Dat Phuong Group
Contract Signing for $45 Million Technology Line: Đạt Phương Group Ventures into Super White Glass Production, Expands Ecosystem, Affirms Position

On July 5, 2024, Đạt Phương Glass Joint Stock Company, a subsidiary of Đạt Phương Group, officially signed a contract with China Triumph International Engineering Co., Ltd. (CTIEC) for the supply and installation of equipment for the super white glass production plant, along with associated technical services. The signing ceremony took place at the Sheraton Hotel with the attendance of representatives from both parties and the Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) - Nam Thang Long Branch.

With a total investment of up to $45 million, this marks a significant step in Đạt Phương's strategic development as it enters the industrial glass product sector, particularly in the production of solar panel glass. Đạt Phương's first super white glass production plant will have a capacity of 400 tons per day, with plans to expand to 1000-1200 tons per day in the second phase.

Regarding the chosen partner for this project, Đạt Phương selected CTIEC (China) for cooperation. With over 70 years of experience in technology research and development, and equipment manufacturing for the glass industry, and a focus on "scientific and technological innovation and global services," CTIEC is committed to providing Đạt Phương with a modern production line that ensures quality, progress, and safety for the project.

In his speech, Mr. Lương Minh Tuấn, Chairman of Đạt Phương Group's Board of Directors, expressed confidence in the project's development potential and pledged to deliver high-quality products to the market in line with international standards. He also extended gratitude to Vietinbank - Nam Thang Long Branch for accompanying Đạt Phương in this super white glass production plant project.

With the support of reputable partners, Đạt Phương is confident in the success of the super white glass production plant. This marks a crucial step in the Group's mission, contributing to sustainable development and the use of renewable energy sources, aiming for a green future for the global energy industry.