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Swedish firm, Polarium, took the subsequent step of their progress journey in April by establishing a brand new manufacturing facility inside the Industrial Park of DEEP C Industrial Zones, in Haiphong, Vietnam.
The manufacturing facility permits Polarium to higher serve the rising variety of clients within the Asia-Pacific area whereas concurrently scale back environmental footprint.
Solely based in 2015 based mostly on the concept of how power storage might empower a sensible and sustainable world, Polarium has opened already its second manufacturing plant, lower than 3 years after beginning manufacturing in Mexico. The brand new manufacturing facility is situated in Haiphong, within the industrial park of the Belgian industrial Park operator DEEP C Industrial Zones, within the northern a part of Vietnam.
Polarium supplies power storage options constructed on lithium-ion expertise for the telecom, industrial and industrial segments and is assembling primarily its largest battery packs in Vietnam.
“The selection for Vietnam got here out fairly clear”, explains Brendon Boswell, who piloted the transfer into Vietnam. “With our speedy progress and worldwide shopper base, we knew we needed to be quickly in Asia. Varied choices have been investigated and Vietnam got here out finest within the comparability.” Located subsequent to China, properly linked in Asia, its fast-growing financial system, great amount of Free Commerce Agreements and its well- developed financial zone system made Vietnam the plain option to increase manufacturing.
Like for many European corporations, the realm of Ho Chi Minh Metropolis within the south of Vietnam was identified to the administration as a manufacturing space and focused by the group. Nonetheless, within the seek for appropriate prepared constructed factories as much as worldwide requirements, Polarium bought in contact with DEEP C Industrial Zones in Haiphong, the one European managed industrial park in Vietnam, who was capable of provide high quality buildings in a non-congested space.
“With their crew of European and Vietnamese employees, we have been capable of determine an acceptable manufacturing facility assembly our difficult timeline in full pandemic” states Brendon. “As travelling was not attainable, we needed to do the entire interactions on-line and thru video calls”, recollects Geert Dom, who resides and dealing as consultant for DEEP C in Belgium. “However blessed with the go to of Polarium’s newly recruited in-country consultant, the selection for the Northern space of Vietnam was made”.
Near and with quick reference to China – Shenzhen is in attain of lower than 24 hours trucking from Haiphong – the direct connection of the Industrial Zone with the brand new deep sea port “Lach Huyen” of Haiphong, and the extra environment friendly home freight system have been valued by Polarium and contribute to scale back the C02 footprint and wish for working capital. “Beginning up operations in Vietnam comes together with loads of paperwork, however fortunately the DEEP C Workforce was there to coordinate most of this course of”, continues Brendon Boswell.
By means of the community of DEEP C, Polarium bought linked to numerous service suppliers and logistic companions contributing to a clean and profitable begin of operations within the first quarter of 2021. “Nonetheless, there are nonetheless some challenges to beat for Vietnam,” explains Brendon Boswell. “The native provide chain remains to be underdeveloped and so are the waste administration companies. However, this affords alternatives for each worldwide and native corporations on this quick rising financial system.”
For each Polarium and DEEP C, the longer term is sustainable. With personal wastewater therapy services, renewable power manufacturing and a variety of social packages, DEEP C is chosen by the Vietnam authorities and Unido as one of many first Eco Parks in Vietnam. The battery options produced by Polarium serve a variety of industries to guarantee renewable power provide always. Each groups are exploring additional collaboration in renewable power storage in DEEP C by way of the expertise of Polarium.
Requested about his total analysis on the transfer of Polarium to Vietnam, Brendon states clearly happy:
“We’re very proud of our begin of manufacturing in Vietnam and are already evaluating enlargement choices for our manufacturing facility! Vietnam is a dynamic market and rightly the most well-liked location in Asia for enlargement at present. Swedish corporations ought to contact Nordcham or Enterprise Sweden who’s properly linked to offer extra background and information them additional.”
Supply: NORDCHAM Vietnam
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