Trelleborg Group is investing in a brand new manufacturing facility in Vietnam for marine solutions, including 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 and design engineering excellence centers are being established for tunnel seals and marine offshore infrastructure, including offshore wind power.
“Vietnam is centrally located in Asia with access to a well-educated workforce and good supply chains in the form of global shipping routes,” said Peter Nilsson, president and CEO of Trelleborg Group.
”Through this investment, Trelleborg both broadens and concentrates its geographical presence in the region. It will allow us competitive flexibility and structure and an even greater market and customer awareness.”
A state-of-the-art 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.
The manufacturing facility for marine solutions will be Trelleborg’s second facility in Vietnam and production will start in 2026. Between now and then, the group will invest approximately SEK 400 million in total.
At the end of 2023, Trelleborg will also 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.