Hoang Gia – Pha Le Venture is a strategic cooperation between Pha Le Plastic and Royal Group with the goal of building factories producing SPC flooring. The close partnership between two enterprises constitutes a venture called Royal Crystal Joint Stock Company:
- Certificate of business registration No. 3603659567 was issued on August 01st, 2019 by Dong Nai Department of Planing and Investment
- Address: No.8 Street, Nhon Trach II- Nhon Phu Industrial zone, Hiep Phuoc Town, Nhon Trach District, Dong Nai Province, Vietnam.
- Charter capital: 70 billions VND
SPC is a new product made of a mixture of Calcium Carbonate stone powder and virgin PVC plastic with a wide variety of advantages such as: good-looking pattern, easy installation; durable; capable of overcoming all disadvantages and even replaceable of traditional products such as plastic floor, LVT floor, natural wood floor, industrial wood floor….
Royal Group is one of the leading groups in Vietnam with 25 years of experience specializing in manufacturing and trading ceramic tile products that has been well recognized domestically and internationally. This cooperation marks the transformation of Pha Le Plastic from a sole mineral exploitation and intermediate materials production enterprise to a consumable production business, in accordance with the ultimate goal of deep mineral processing, nonrenewable resources.
The SPC flooring factory No.1 which locates at Nhon Trach 2 Industrial Zone – Dong Nai province, was inaugurated in June 2020, with the scale of 10 million m2 per year. The SPC flooring factory No.2 in Hai Phong is expected to be constructed in the fourth quarter of 2020 with an investment of more than 670 billion VND. The capacity of above two factories reaches 25 million m2 floor per year which meets demand for both domestic and exporting market.
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