Thanh Tai, based in Ho Chi Minh City, said that in Vietnam, PET bottles are rapidly replacing traditional glass bottles, which provides them with a stable source of supply. According to the company’s estimates, in 2010 Vietnam’s PET consumption was approximately 200,000 tons, and this market is now growing at a rapid rate of about 25% per year. Thanh Tai Gas Co. of Vietnam is spending US$15 million to build what it calls Vietnam’s first complete PET recycling plant that will be capable of producing food grade materials approved by the US Food and Drug Administration (FDA). The new plant will be equipped with equipment from Bepex International LLC, a US supplier. The first production line will be put into operation in January next year, and the second parallel production line will be put into production later. The annual PET bottle recycling capacity is up to 1.5 billion.
Officials at Thanh Tai said they need technologies that can produce a wide range of materials, including everything from food grades to fibers and carpets. Thanh Tai said in an e-mail: "Now Vietnam does not have a complete PET recycling plant, and the demand for beverages in the Vietnam market with a population of 87 million people is very large."
The new plant will be located in Long An Province, about 30 kilometers from Ho Chi Minh City, and will have about 70 employees.
The company said it will collect used PET throughout Vietnam, and about half of the recycled materials produced will supply the country's domestic market, and the other half will be used for export. It will mainly supply the film, fiber, resin and bottle preform markets.

Thanh Tai, with annual sales of approximately US$50 million, claims to be one of Vietnam's leading manufacturers of domestic gas systems, with a market share of approximately 9%.
The company plans to invest in a gas tank for producing plastic composite materials in Vietnam in September this year, and will use Swedish licensed technology.
The company operates a variety of businesses, including recycled polypropylene and various grades of polyethylene, production of plastic boxes and steel gas tanks, and storage of general import and export products.
Rob Grady, director of thermal products marketing at Bepex, said: “With the continuous expansion of the B2B market, recycled PET sheet and pellet manufacturers are taking the lead in seizing the opportunities presented by demand growth. Building PET Recycling to Meet Current Demand in the Industrial Market The factory, in order to meet the current and future needs of the B2B market, is very important to grasp the opportunities.” Bepex said that the Asian market is increasing the demand for bottle-to-bottle and food contact recycled PET, and Coca-Cola and Pepsi brand businesses are Increased demand for recycled PET, prompting bottle makers to find new sources of supply.

Bepex said that the system it produces is highly flexible and can produce multiple levels of recycled PET on a single production line.

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