Ninh Thuan: German yarn maker Suedwolle Group officially launched its 21 million USD dyeing plant in Du Long Industrial Park, Bac Phong commune, Thuan Bac district. The plant is developed by Ninh Thuan Dyeing Co., Ltd. (NDT), a subsidiary of Suedwolle, and spans 3 hectares with an initial production capacity of 2,000 tonnes per year. The production capacity is expected to double in the next phase.
According to Vietnam News Agency, the investment marks a significant step in Suedwolle’s expansion strategy in Vietnam, aiming to enhance its footprint in the textile industry. The new facility is anticipated to contribute to the local economy by generating employment opportunities and fostering industrial growth in Ninh Thuan province.