Takeshy Yaguchi, general director of ITOCHU Vietnam Co., Ltd, expressed his hope that the first export shipment of biomass wood pellets to the Japanese market will serve to satisfy customers in the Far East nation and help the local company to make further inroads in European countries.
The firm also aims to secure a leading position when exporting these products to Southeast Asia moving forward, Yaguchi added.
Tran Van Dat, director of Cua Lo Port, believes that being an international trading port located in the north-central region, the site can be considered a reliable address for businesses involved in import and export activities, stating that the port has pledged to serve firms in the most responsible manner possible.
The biomass wood pellets represent clean and environmentally-friendly products which are used as burning materials for industrial plants and thermal power plants.
These items are manufactured locally at the factory of Biomass Vietnam Co., Ltd. in the Vietnam Singapore Nghe An Industrial Park.
The company was originally granted an investment certificate in 2018, with total investment of US$25 million. With modern production lines imported from Europe, the factory currently has an annual production capacity of 160,000 tonnes of products, with Biomass Fuel Vietnam Co, Ltd now being the largest producers of wood pallets nationwide.