(ĐN)- Dong Nai Paint Joint Stock Company (Donasa) coupled with PPG Company (USA) has just launched a $2.4 million industrial coatings manufacturing facility in Amata Industrial Zone. The new factory has annual capacity of 4 million liters.
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| Donasa products |
(ĐN)- Dong Nai Paint Joint Stock Company (Donasa) coupled with PPG Company (USA) has just launched a $2.4 million industrial coatings manufacturing facility in Amata Industrial Zone. The new factory has annual capacity of 4 million liters. All its products will be marketed to other industrial factories by PPG Company. This new factory aims to make the “Welcoming Achievement Project” which is an attempt of Donasa to welcome the 8th Provincial Party Congress.
This year, the production value and the turnover of Donasa is expected to further increase by 10 per cent over last year. For fiscal 2005, there will be a target dividend yield of 12 per cent per annum. In order to increase efficiency in production and trading, the company has raised its charter capital up to VND 11.4 billion from VND 7.2 billion in 2004. The company plans to extend its reach into new and growing markets. Donasa is among six paint manufacturing companies whose products have gained strong brand recognition in
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