Mr.Believer
posted on 09/03/2024
On March 8, at Phuoc Nam Industrial Park, Thuan Nam district (Ninh Thuan province), the project for a lubricant oil production factory was officially launched by Top Solutions Joint Stock Company, the investor.
Mr. Doan Ngoc Tu, representative of the project's investor, stated: The lubricant oil production factory project is led by a group of investors from Thailand and Australia. The goal of the project is to manufacture and import Lithium-based lubricant oils, heat-resistant lubricants, preservative lubricants, and other oil and grease products for industrial machinery and equipment.
"This will be the first factory in Vietnam to produce Lithium-based lubricant oils using advanced oil production technology with modern machinery and high-efficiency lubricant production processes to meet diverse demands in various transportation and industrial sectors," Mr. Tu shared.
With a land area of 2.3 hectares and a production capacity of 9,500 tons of finished products per year, the project will be implemented in two phases.
Phase 1, with a production capacity of 5,000 tons of finished products per year, will complete construction items and install machinery and equipment. Phase 2, with a production capacity of 4,500 tons of finished products per year, is expected to be implemented immediately after Phase 1 of the project starts stable production and business operations.
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