After 18 months of construction, Ornapaper Vietnam Co., Ltd on June 25th performed the opening ceremony of the wholly Malaysian invested cotton company located at Binh Son commune of Long Thanh district.
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A modern production line in Ornapaper Vietnam Co., Ltd. |
With the total area of 10 hectares and total investment capital of US$ 20 million, it is considered as the biggest ever package company in the province with the capacity of 7,000 tons per month, correspondently 84 thousand tons per year. All the machines are controlled by computers. Especially, it has specialized machines used for designing package and cotton box in high speed and 4-colour printers. With the advantage of modern machines and technologies, it is a most redoubtable manufacturer in package industry.
“the number of export products in Vietnam grows at annual rate of 45%, thus the need of package product are accordingly increasing. This is a developing marker and a good chance for Ornapaper to do their business”, said Mr. Dinh Trong Thanh, general Director of Ornapaper Vietnam
At present, the plant employed 300 workers for their production and 80% of its products are used for exporting to foreign markets. Ornapaper Berhad was incorporated in Malaysia in 1990 by Taiwanese interests. Ornapaper has listed on the Malaysian stock exchange since the beginning of 2003. During the past three years, Ornapaper has grown quickly and has held 15% of the Malaysian market share. At the moment the company is ranked 3rd in Malaysia.
(Source Dong Nai Newspaper)
