On July 24th, 2025, Stavian Recycling JSC officially received the Investment Registration Certificate for the Stavian Plastic Recycling Complex in Nghi Son Economic Zone, Thanh Hoa Province, witnessed by the Nghi Son Economic Zone Authority. The Complex will be located at Lot CN2-1, Industrial Park of Nghi Son Economic Zone – one of the key industrial hubs of North Central Vietnam, with synchronized infrastructure, strategic logistics advantages, and convenient access to the domestic recycled materials supply chain. The project features advanced, world-class equipment and technologies that are environmentally friendly, energy- and water-efficient, highly automated, and compliant with the strictest environmental and quality standards set by leading global FMCG brands in the U.S. and Europe.
In the first phase, Stavian Plastic Recycling Complex will operate with an estimated capacity of 17,000 tons/year, focusing on recycling post-consumer PET bottles into high-quality rPET resins that meet food-grade standards. The products will serve multinational corporations and major beverage and packaging brands, contributing to the development of a circular economy in Vietnam. Scheduled to commence operation in Q1/2027, the Complex will help secure domestic raw material sources, reduce reliance on virgin plastics, promote recycling habits within the community, and support the establishment of a globally aligned waste sorting and collection ecosystem.
Additionally, Stavian Recycling JSC and Anh Phat Investment Construction – Trading JSC signed the Land Handover Agreement. Anh Phat is one of the largest and most reputable industrial infrastructure developers in the North Central region, owning and developing multiple key industrial parks with comprehensive support services and strategic logistics connectivity. The project site is located on a central transportation axis, approximately 6 km from the CT01 Expressway and around 10 km from Nghi Son Deep-Sea Port, providing significant advantages in raw material transport and product distribution, particularly for export. Alongside the land handover, Stavian Recycling is also progressing with the subsequent phases of the project, including the selection of contractors for design and construction. Groundbreaking is expected in Q4/2025, with completion targeted to align with the committed project timeline.