INTERNATIONAL INVESTMENT
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Dubai-headquartered Pearl Polyurethane Systems, a chemical and located plastic group, held an opening ceremony for a new factory in An Phuoc Industrial Park in Dong Nai province on October 10.
Pearl Vietnam Factory is the newest unit in the global network of Pearl Polyurethane Systems, which identifies Vietnam as an important link in the global supply chain.
According to Pearl Polyurethane Systems, Pearl Vietnam, along with other members in the supply chain, will supply various polyurethane (PU) products, prepolymers, and polyester resins.
PU is a material widely used in many industries. PU has high durability and adaptability to many environments and harsh weather. With extremely high abrasion resistance, PU is not significantly affected by chemicals, so it is widely used in industry.
The inauguration of the group’s new factory marks a new chapter in providing advanced and environmentally friendly solutions to the global market, continuing to strengthen the group’s sustainable development goals.
Martin Kruczinna, CEO of the group, said,“We believe in the potential of Vietnam and Southeast Asia. While some global companies in the region are reducing investment, Pearl has decided to invest in the future by targeting this dynamic region.”
“Our new factory in Vietnam will help us better serve our customers by producing high-quality products in Dong Nai and providing appropriate technical expertise. This will allow Pearl Group to offer customised solutions to meet customer needs while optimising results and profits,” he added.
Pearl Polyurethane Systems emphasised that Vietnam’s dynamic business environment, along with its strategic location and favourable policies for businesses, has made Vietnam an ideal location to access neighbouring markets such as Thailand, Cambodia, Indonesia, Malaysia, the Philippines, and Australia, with the potential to supply South Korea and Japan in the future.
In the long term, the group’s CEO said that the opening of the Vietnam factory is part of Pearl’s long-term strategy to become a leading company in PU.
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By Thanh Van