(ĐN)- Onarpaper (VN) Co. Ltd. inaugurated a corrugated manufacturing facility located in Binh Son commune, Long Thanh district, Dong Nai province on June 25, 2005 after 18 months of its construction work and trial run being completed.
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| Ornapaper (VN)’s the corrugated board factory |
(ĐN)- Onarpaper
(VN) Co. Ltd. inaugurated a corrugated manufacturing facility located in Binh Son commune, Long Thanh district, Dong Nai province on
June 25, 2005
after 18 months of its construction work and trial run being completed.
The corrugated board factory has a built-up area of 10 hectares. With its total investment of US$ 20 million being made by
Malaysia
’s Onarpaper Bhd under fiscal sponsorship of Onarpaper Industry (M) Sdn Bhd, Ornapaper VN is a 100% foreign owned capital company. Its production capacity stands at 7,000 metric tons per month and hits 84, 000 metric tons per year. It is the largest paper board and packaging manufacturer in
Vietnam
. With an advanced production line and automation technologies, Ornapaper VN produces corrugated board and packaging and supplies various kinds of paperboard packaging products for meeting customer’s demand. Ornapaper VN is the most competitive producer in
Vietnam
paperboard industry.
“
Vietnam
’s exports grow at annual rate of 45%, the situation requires the increasing paperboard packaging supplies accordingly. This creates a good opportunity for growing our business in the market with its great potentials ” said Ornapaper VN General Director Dinh Trong Thanh.
At present, the plant employed 300 people with mass production capacity have more 80% of its products for export. 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
.
Kim Loan
