Indonesian Company, Dynaplast Added US$ 19 million Investment in Vietnam

Dynaplast, an Indonesian company specialized in manufacture of rigid plastic packaging, added its investment in Vietnam amounted US$ 19 million in 2012, contributing to increase of Indonesian companies investment in Vietnam to US$ 233 million.

The company in 2004 invested US$ 4 million to set up a factory in Binh Duong province, southern Vietnam.

Appreciate the increased investment, the government of Binh Duong province on 19 March 2013, held a ceremony to grant investment certificates to Dynaplast and another 28 foreign companies investing in Binh Duong province.

Binh Duong province receive US$ 547 million from 29 companies mention above. US$ 376 million to fund 16 new projects, while US$ 171 million is a capital increase.

Since its operation in 2005 with 4 units of plastic packaging production machine, Dynaplast successfully won the trust of customers through products that provide added value to company which use their services. By 2012, Dynaplast Vietnam operates 44 units of machine.

Large companies in Vietnam became Dynaplast customers, including Masan Consumer Good and Cai Lan Oil. As well as a global company operating in Vietnam were entrusted to Dynaplast plastic packaging service, are Unilever, Procter & Gamble, Wrigley, Perffeti Van Melle, FrieslandCampina, Nestle, Kao, Yamaha Lubricant and Henkel.

Not only used in Vietnam, Dynaplast products are also exported to meet the needs of Procter and Gamble Philippines, Unilever Philippines and Unilever Korea.

Dynaplast Vietnam service continue to be refined, including the “in plant” service. In this case, customer will enjoy zero delivery time. Because Dynaplast installed packaging machine at customer site, so customer can immediately package their product. Currently Dynaplast Vietnam installed 3 units machine at 2 companies.

Source: Indonesian Consulate HCMC