Huntsman’s president for polyurethanes, Tony Hankins, said: 'Vietnam is one of the largest and fastest growing countries in Asia Pacific. We’ve seen double digit growth rates for a sustained period and fully expect this to continue.'
He said the site would 'manufacture formulated systems for the footwear and automotive markets; rigid insulation foam and simulated wood for the furniture market. These products will be consumed primarily in Vietnam, with the balance being exported to Cambodia.'
In addition to this facility, the company has a distribution warehouse located in the inland container depot at Long Binh - Dong Nai Province, and a site in Hanoi which offers technical service. This location has a warehouse, distribution space and a commercial office.