Vietnam Japan Gas Joint Stock Company (VJG), the Vietnamese subsidiary of Taiyo Nippon Sanso Corporation (TNSC), is constructing a new air separation unit (ASU) in southern Vietnam.
The new ASU will be located in the Phu My 3 Industrial Park in Ba Ria-Vung Tau Province in the suburbs of Ho Chi Minh City.
VJG has received new orders to supply separated gases via pipeline to Korean non-ferrous metals manufacturer and local electric-furnace manufacturer in the Phu My region, and VJG has decided to newly construct an ASU to respond to increased demand in the future with an increased production capacity.
In a statement the company said, “In Vietnam, the industrial gas market continues to grow against the backdrop of a high economic growth rate.”
“Global companies, mainly in the steel and chemicals industries, are moving into the Phu My region in Ba Ria-Vung Tau Province in southern Vietnam in particular, and a large demand for industrial gases is continued to be expected in the future. Especially among the Phu My region, the Phu My 3 Industrial Park is an industrial estate approved by the Japanese and Vietnamese governments for its international-level infrastructure and investment environment. Non-Vietnamese companies centered on Japanese companies are expected to establish themselves in this industrial estate.”