ISA TanTec to set up its second tannery in VietnamISA TanTec is ready to set up of a second tannery in Vietnam, the the fifth of the group.
The new tannery TransAsia TanTec will be built on a 60.000 square meter site, located in the Tay Ninh Province, with a close geographical proximity to its existing tannery Saigon TanTec and also to Saigon as business hub in Vietnam.
The setup of the new tannery will be mirroring the already successful site in Saigon. The replication of the tannery will enable the realization of synergies and has benchmark options including but not limited to the possibility of shared service between both tanneries
said Uwe Hutzler, CEO of ISA TanTec
Our experiences in Vietnam are outstanding and we decided for this location to bridge the gap of 3-5 years before new regions might be attractive and stable enough for the tanning industry
added Thomas Schneider, Executive Chairman of ISA TanTec.