Dinh Vu Polyester Plant belongs to VNPOLY J.S.C (a subsidiary of Petrovietnam Group)Location: Lot CN 5.5A, Dinh Vu Industrial Zone, Dong Hai 2 Ward, Hai An District, Hai Phong City, VietnamTotal investment: 325 Million USDPVTEX has signed the Land Lease Contract of 15ha with DVIZ for 48 years. The Contract will expire on June 23, 2058.Licensor: Uhde Inventa Fischer (Switzerland) for Polycondensation UnitNeumag (Germany) for Polyester Staple Fiber UnitBarmag for Filament (DTY) UnitEquipment and machines were mainly manufactured in developed countries according to the most updated specifications of the polyester fiber manufacturing IndustryCertificate: OEKO-TEX Standard 100Process & Production Overview: Capacity: 500 tons/day (175,000 MTY), in which:Polyester Staple Fiber (PSF): 400 tons/dayFilament Yarn (DTY): 100 tons/day (29 DTY Machines)PET Chip: 180 tons/day (in case PFS Unit and/or Filament Unit is shutdown.