On the morning of May 19, 2025, Colorful Nylon Fiber Co., Ltd., a subsidiary of the EVERSON Group, officially held the groundbreaking ceremony for its synthetic fiber manufacturing plant project at Lot 19, N13 Street, Dat Do I Industrial Park, Ba Ria – Vung Tau Province. As one of the world’s leading conglomerates in the synthetic fiber industry, this marks a strategic milestone in establishing its presence in one of the key industrial zones in southern Vietnam, opening a new chapter in its journey of development in the Vietnamese market.

With an investment covering an area of 6 hectares, the project’s Phase 1 involves a total capital investment of USD 120 million, with plans to increase this to USD 600 million. The project not only represents a significant step forward in the synthetic fiber manufacturing sector but also reflects Colorful Nylon Fiber’s long-term vision of building a modern, advanced, and environmentally friendly production ecosystem that meets international standards. The plant is expected to commence operations in 2026, playing a crucial role in supplying products to the domestic market and expanding exports to Asian countries and global markets.

This groundbreaking event also reaffirms the company’s long-term commitment to the socio-economic development of the local area. The project is expected to create hundreds of stable jobs, make a positive contribution to the industrialization and modernization of Ba Ria – Vung Tau Province, and promote the sustainable development of the fiber industry in Vietnam.

We would like to extend our warmest congratulations to the leadership and the entire team of Colorful Nylon Fiber Co., Ltd. and the EVERSON Group on this momentous groundbreaking ceremony. We sincerely wish for a smooth, safe, and on-schedule construction process, and for the plant to be successfully completed and developed to its full potential.