On May 15, 2026, Phuc Tan Kieu One Member Co., Ltd. – a wholly owned subsidiary of Phu Tai Joint Stock Company – officially inaugurated its Wood Pellet Manufacturing Plant in Gia Lai Province, marking a significant milestone in the company’s long-term sustainable development strategy.
The project reflects Phu Tai’s commitment to expanding the wood industry value chain through an integrated production model — from wood processing and manufacturing to biomass energy products — with the objective of maximizing resource efficiency and promoting sustainable industrial growth.
Designed as a high-quality biomass fuel production facility, the plant is expected to serve both domestic and export markets, contributing to the growing global transition toward renewable and environmentally responsible energy solutions.
Project highlights:
▪ Designed capacity: approximately 120,000 tons/year
▪ Site area: approximately 3.1 hectares
▪ Expected annual revenue: approximately VND 450 billion
▪ Raw material sources: sustainably managed plantation forests in Western Gia Lai and neighboring regions
Beyond its economic value, the project is also expected to create local employment opportunities, contribute to regional economic development, and support the advancement of Vietnam’s wood processing industry.
Phu Tai remains committed to sustainable manufacturing, renewable energy development, and creating long-term value for both industry and community.
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