Vietnamese enterprise looks to a green future
By Van Pham March 10, 2021 | 03:30 pm GMT+7
An Phat Holdings, a leader in the plastic industry, plans to invest in one of the largest compostable material manufacturing plants in Southeast Asia.
Nguyen Le Thang Long, General Director of PBAT An Phat JSC, a member of An Phat Holdings, said the green material market poses great potential with global industry gradually shifting toward environmentally friendly products.
In Europe, the Americas, Australia, Canada and many other countries, governments have enacted bans or imposed high taxes on the production and consumption of traditional plastic and thin monolayer film. The demand for compostable and environmentally friendly products poses the demand for raw materials, opening up golden opportunities for businesses.