LOCATION: Phu My II Industrial zone - Tan Thanh Ward - Vung Tau City
INVESTOR: Posco Specialty Steel Co. Ltd (Korea)
TYPES OF CEMENT UTILIZED: Vicem Ha Tien PCB40 Industrial Appliance cement
QUANTITY OF CEMENT UTILIZED: 60.000 tons. The project uses 50% of Vicem Ha Tien cement.
On June 29, 2015, at Phu My II Industrial Park in Tan Thanh district, Ba Ria - Vung Tau province, Posco SS Vina Company held the inauguration of a large bar and section steel factory.
Attending the ceremony were Mr. Nguyen Hong Linh - Alternate member of the Party Central Committee - Standing Deputy Secretary of the Provincial Party Committee - Chairman of the Provincial People's Council; Nguyen Thanh Tinh - Vice Chairman of the Provincial People's Committee; Park Noh Wan - Consulate General of the Republic of Korea in Ho Chi Minh City.
Mr. Kim Jin Il, Director of Posco SS Vina Company, said that since 2012 with an investment capital of 600 million USD, Posco SS Vina has invested in a dedicated port to handle raw materials and finished products, and a factory. section steel, bar steel and billet smelting by electricity with a capacity of 1.2 million tons/year. The plant can both produce H, U, and V sections, and plans to produce irregularly shaped V-shaped steel, which is a high-grade raw material being used in the shipbuilding industry. Besides, the steel produced at the factory has a length of 6-12m, so it meets the diverse requirements of the market. The operation of Posco SS Vina's steel bar and section steel factory has created jobs for more than 800 employees.
Speaking at the ceremony, Mr. Nguyen Hong Linh highly appreciated the efforts of Posco SS Vina Company in accelerating the progress to soon put the high-grade steel production project into operation in accordance with the province's goals. Mr. Nguyen Hong Linh noted that enterprises need to do well in environmental protection, and at the same time put the factory into effective production and business activities, contributing to solving labor problems for the locality.