
Highlights
Progress in construction of the project DAP Plant No. 2: “ be high-speed”
Project construction DAP 2 plant with total investment 265.2 million USD, equivalent to 5.170 billion VND, is the key projects of the country. By design, the completed project will produce 330,000 tons of DAP fertilizer per year, based on current prices, the revenue will brought about 4,000 trillion VND per year . That's not to mention the revenue from by-products such as 420,000 tons acid sunfuric and 162,000 tons of acid phosphoric per year. In particular, this is one of the first projects in the country take all of excess heat produced in industrial processes to build power plant with capacity 15 MW. For DAP fertilizers, is mixed fertilizers with high quality, which stimulates the growth of many crops . After VINACHEM build Dinh Vu DAP 1 plant in Hai Phong (primary material from apatit ore from Lao Cai apatite mine) with capacity 330,000 tons per year , the domestic fertilizer market still import 60 % DAP fertilizer, Tang Loong construction project completion will reduce the amount of import DAP fertilizer 20 %.
To achieve progress construction, Mr. Dong Van Quyet, the director and CEO of DAP No. 2 Joint Stock Company said that the unit has to comply with strict rules and procedures for investment, the preparation of construction. In particular , through international bidding by chose EPC contractor very powerful, it's joint-venture five company from Japan, Thailand and Vietnam, in which Japanese and Thailand contractor is the head of the joint venture. During construction, EPC contractor construction has made 3 shifts per day, every day average to 1,200 officials and workers go in and out construction sites in all weather conditions. With the progress of construction as above, the project is the investment model to industrial development projects other.

