Xuan Thien Group has been investing in large projects in Ninh Co Economic Zone, with the aspiration to turn this sandbar land into a comprehensive, multi-industry, multi-functional economic zone, a key breakthrough development area of Nam Dinh province.
Xuan Thien Group: Bringing beautiful spring to Thanh Nam
Xuan Thien Group has been investing in large projects in Ninh Co Economic Zone, with the aspiration to turn this sandbar land into a comprehensive, multi-industry, multi-functional economic zone, a key breakthrough development area of Nam Dinh province.
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| Mr. Nguyen Van Thien, Chairman of Xuan Thien Group visited the eucalyptus nursery in Angola to plant millions of hectares of forest to provide charcoal for the Green Steel Complex. |
World's leading green steel complex
A historic event for Nghia Hung land was on March 22, 2022, when the People's Committee of Nam Dinh province decided to approve the adjustment of the investment policy to increase capital, increase capacity, and adjust technology, from brown steel production to green steel production, environmentally friendly for the Xuan Thien Nam Dinh Green Steel Factory No. 1 Project, Xuan Thien Nghia Hung Green Steel Factory and Xuan Thien Nam Dinh Precast Concrete Components Factory Project. The total investment capital of the 3 projects is 98,900 billion VND. This is the largest investment complex in Nam Dinh ever.
Xuan Thien Nam Dinh Green Steel Factory No. 1 is built in Nghia Hai, Nghia Thanh, Nghia Lam communes (Nghia Hung); scale 284.97 ha, capacity 7.5 million tons/year, main products are HRC steel plate (steel plate, hot rolled steel plate, special steel plate for automobile production, weather-resistant steel plate for container packing...) and commercial sponge iron supplied to domestic and foreign markets. The project is implemented in 3 phases, investment capital 88,000 billion VND.
Right in the first days of the new year 2025, Nam Dinh province received great news: The Prime Minister issued Decision No. 88/QD-TTg, dated January 14, 2025, establishing Ninh Co Economic Zone.
The Xuan Thien Nghia Hung Green Steel Factory project covers an area of 83.93 hectares in Nghia Hai commune (Nghia Hung), producing finished steel with a capacity of 2 million tons/year from scrap steel using electric arc furnaces and continuous casting and rolling, with an investment capital of 10,000 billion VND.
The Xuan Thien Nam Dinh Precast Concrete Components Factory Project has an area of 57.8 hectares, in Nghia Hai and Nam Dien communes (Nghia Hung), producing precast concrete components, with a capacity of 350,000 tons/year, and an investment capital of 900 billion VND.
Ready technology, resources, raw materials
The past three years have been a challenging period for the determination to implement the Green Steel Complex Project worth nearly VND99,000 billion. It was a period in which Xuan Thien Group and the political system of Nam Dinh province raced against time, focused fiercely, persistently removed difficulties in site clearance and basically solved this number one bottleneck.
Along with that, the Group continues to take advantage of time to complete legal documents, train management and human resources so that when the "G hour" comes, the projects can be started. During this "long break", Xuan Thien continues to complete the selection, prepare technology, financial resources and green materials, ready to start construction of the Green Steel Complex.
Xuan Thien has chosen the world's best green steel production technology from G7 countries and other countries in Europe, optimizing the factors. Accordingly, the production of non-coke green steel, in the first stage, uses natural gas and in the next stage, uses clean electricity, wind power, gas power to minimize (80%) the emissions of CO2, NOx, SO2..., dust and solid waste into the environment. Choosing 100% new equipment, ensuring the indicators of emissions, wastewater and environment according to standards, high automation in operation management, improving product quality and the highest and most sustainable economic efficiency.
Nam Dinh Green Steel Complex with a total investment of nearly 99,000 billion VND is a green, clean project, following Xuan Thien's pioneering sustainable development projects over the past 20 years.Xuan Thien is always at the forefront of green development projects, especially in the field of renewable energy production. Xuan Thien has invested in and put into operation more than 20 hydropower, solar power and wind power projects in many regions of the country, with a total capacity of 1,800 MW. This is also the foundation for the Xuan Thien brand.
- Mr. Nguyen Van Thien, Chairman of Xuan Thien Group
Xuan Thien's pioneering choice of green steel production technology is the right direction, in line with the development orientation of Vietnam and the world. Vietnam is also the country that committed to reducing emissions the earliest. At COP26, Prime Minister Pham Minh Chinh pledged that by 2050, Vietnam will achieve net zero emissions. This is the direction to encourage investors and businesses to invest in green, clean, and sustainable projects - an inevitable trend of the world.
To have a large enough source of green raw materials to supply the Nam Dinh Green Steel Complex in the long term, Xuan Thien Group has found the most feasible and effective way to invest in an iron ore mine and a pig iron factory that meets the standards for green pig iron certification. This source of clean green pig iron will cross the sea to the Nam Dinh Green Steel Complex, producing green steel products to serve the domestic and export markets.
To implement this policy, Xuan Thien has cooperated with partners from Brazil and Angola and owns a green pig iron factory in Angola with an iron ore mine with reserves of over 300 million tons. This ensures input supply when the Nam Dinh Green Steel Complex comes into operation.
Along with that, Xuan Thien will plant millions of hectares of eucalyptus forests in Angola to provide charcoal fuel for the Complex. Products from the Complex have been certified by prestigious organizations in the world as green pig iron (nearly zero CO2 emissions), supplied to the US and European markets with increasing demand, proving the Group's correct assessment of the trend of the world steel industry.
Chairman of Xuan Thien Group, Mr. Nguyen Van Thien shared that Nam Dinh Green Steel Complex with a total investment of nearly 99,000 billion VND is a green, clean project, continuing Xuan Thien's pioneering sustainable development projects over the past 20 years. Throughout this journey, Xuan Thien has always been at the forefront of green development projects, especially in the field of renewable energy production. Xuan Thien has invested in and put into operation more than 20 hydropower, solar power and wind power projects in many regions of the country, with a total capacity of 1,800 MW. This is also the foundation for the Xuan Thien brand.
Xuan Thien also co-owns pioneering cement factories with European equipment lines and the largest capacity in the country, including energy-saving equipment, advanced control systems, quality control systems, highly automated emissions, reducing fuel consumption, reducing greenhouse gas emissions, creating high-quality, environmentally friendly cement products.
Developing high-tech agriculture is also a spearhead of Xuan Thien, with a high-tech production and livestock complex in Thanh Hoa and Hoa Binh, aiming to supply 2 million pigs/year to the market.
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| Perspective of Xuan Thien Nam Dinh Green Steel Complex, total investment capital of 98,900 billion VND |
New Year's Eve Message
On the threshold of the new year 2025, Xuan Thien Group has sent out positive signals, that is, continuing to devote all its efforts, taking advantage of the opportunity to strive to basically complete the site clearance of two green steel factories by the end of 2025, striving to soon start construction of the Nam Dinh Green Steel Factory Complex to have products supplied to the market from 2027.
Xuan Thien also proposed to Nam Dinh province to study the investment in the Day River port, and to the Central Government to study the investment in the International General Seaport Project in the deep-water area of Nghia Hung district. Strive to start construction of the Day River inland waterway port in 2025 and put it into operation by 2027 at the latest, promptly serving the construction, supply of input materials and consumption of products for Nghia Hung Green Steel Factory.
The Group is also accelerating the construction of the Xuan Thien Nam Dinh Precast Concrete Components Factory. By 2026, it is striving to have products to serve the Green Steel Project and the market.
The Green Steel Complex with key projects of Xuan Thien Group such as Spring brings vitality to the land and sky, awakens and strongly promotes the potential and advantages of Nam Dinh, brings high added value, large revenue, contributes to economic restructuring, creates many jobs, improves people's living standards. From there, lays a solid foundation for the development of Ninh Co Economic Zone, together with Nam Dinh to promote industrial, urban, trade and service development, regional connectivity, realizing the aspiration to turn the coastal area of Nam Dinh into a pole of rapid and sustainable economic growth, so that by 2030, Nam Dinh will become a fairly developed province of the country.
Source: https://baodautu.vn/tap-doan-xuan-thien-mang-nhung-mua-xuan-tuoi-dep-ve-voi-thanh-nam-d242091.html
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