20 June 2010, Hanoi – According to an Inteletex report, Vietnam-headquartered
cotton spinner Vison is planning to enter the nonwovens market with the
installation of new lines in both the Hanoi and Ho Chi Minh regions. Vison is
reported to be one of many young new companies in Vietnam ushered in by the
wave of private investment since the turn of this century.
Formed in 2005 by local entrepreneur Trinh Thanh Vinh, the
company currently spins 100% cotton yarns for both its domestic market and
export, at its 180,000-spindle plant in Hanoi. Now the company is installing a
Chinese needlepunched geotextile line at a greenfield site close to Ho Chi
Minh, in order to serve the many new infrastructure projects planned for the
region. This is scheduled to start up in July.
Vison is also extending its cotton spinning plant in Hanoi
in order to install a polypropylene spunbond and calender line for the
production of articles such as bags and other industrial and consumer goods, in
addition to geotextiles. The line will again be supplied from China.
Source: Inteletex