HAIPHONG, VIETNAM (Sept. 26, 3:35 p.m. ET) — State-owned Vietnamese pipe producer Tien Phong Plastic Joint Stock Co. has purchased a KryoSys pipe system from Battenfeld-Cincinnati Austria GmbH.
About 450 people attended an open house in early August at one of Tien Phong's factories, where the extrusion line was demonstrated, showing a maximum output of 3,080 pounds per hour and making pipe with a wall thickness of about 2.3 inches.
Tien Phong's website said the new line is in the company's factory in the Duong Kinh district, and will produce high density polyethylene water and drainage pipe up to 4 feet in diameter. The Haiphong city-based firm said it will be the first in Vietnam to make that pipe and will introduce it to the market by the end of this year.
The company claims a 70 percent market share in the northern part of Vietnam, and said it exports to China, Laos, Cambodia, Thailand and Myanmar.
In a statement, Vienna-based Battenfeld-Cincinnati said the Kryosys line, introduced in 2008, is designed to improve quality and reduce energy consumption by decreasing the cooling length of the pipe.
Tien Phong was established in 1960 and Battenfeld said it is one of the major producers in Vietnam of pipe and fittings made from unplasticized PVC, HDPE and random PP pipe, to international standards. The Vietnamese firm is the first in Asia to use a Kryosys line.