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Japanese conglomerate entered the U.S. market

Thursday, 17/11/2011, 13:15 GMT+7

Conglomerate Zeon of Japan plans to enter the Vietnam market in an effort to cut costs and reduce risks to concentrate production in one location.
 

Initially, Zeon has plans to build a container factory folded dedicated capacity to transport 1.3 tonnes of rubber in its January 4 / 2012.

The plant will be built on a 94.000m2 area in the city of Hai Phong with total investment estimated at 2-3 billion yen (U.S. $ 26-39 million). When in operation since May 4 / 2013, the plant will reach capacity of 120,000 barrels / year.

Next, this plant can be used to produce a number of devices used in the health sector.

Previously, the production of container has been entrusted to Zeon partners in China. However, this Zeon has decided to build their own factory specialized in manufacturing barrels for convenience goods in Vietnam for manufacturing rubber tires used in less fuel consumption but it will put into operation January 7 / 2013 in Singapore.

In addition, a special advantage other is the labor cost in Vietnam is only cheaper by one third compared to China. In the future, Zeon will consider plans to build Vietnam into one of the important manufacturing centers of the company.

Zeon is a conglomerate engaged in the fields of rubber, chemicals, machinery, electronics and food in Japan and well known in the world with products such as tires and fuel consumption is less certain spare parts for automobiles. /.



Written : Hồng Hà/Tokyo (Vietnam+)