ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Asia300

Formosa Plastics steel venture in Vietnam set to double capacity

Japanese shareholder JFE using project to expand its Southeast Asian business

Formosa Ha Tinh Steel's integrated mill in Vietnam looks to debut a second blast furnace this summer.

TOKYO -- A Vietnamese joint steel venture led by Taiwan's Formosa Plastics Group that includes Japan's JFE Holdings will open a second blast furnace this summer, doubling its potential crude output in a steel-hungry region.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more