Sweden’s Trelleborg Group has decided to invest in a completely new manufacturing facility in Vietnam for mainly marine solutions, such as marine construction, infrastructure, and fenders. The investment is part of a larger restructuring project where Trelleborg concentrates manufacturing in these product areas to Vietnam and China. In the Netherlands and Singapore, Sales & Design Engineering Excellence Centers are being established for tunnel seals and marine offshore infrastructure, such as offshore wind power.
The President and CEO of Trelleborg Group highlighted how Vietnam is centrally located in Asia with access to a well-educated workforce and good supply chains in the form of global shipping routes. Through this investment, Trelleborg aims to broadens and concentrates its geographical presence in the region.
A new manufacturing facility will be built in Ba Ria Vung Tau, near Ho Chi Minh City. It will meet future demands for both efficient production processes and sustainability, including solar panels, and effective water and wastewater systems. Production in the new facility will start in 2026. The Group will invest approximately SEK 400 million (USD 37 million) in total between 2023 and 2026.
The manufacturing facility for marine solutions will be Trelleborg’s second facility in Vietnam. At the end of 2023, Trelleborg will inaugurate a brand-new manufacturing facility for sealing solutions in the country, which will result in a significantly increased production capacity for engineered seals for several industries.
(Source: Trelleborg Group)