Phu Tai Joint Stock Company (PTB) has decided to use over 161 billion VND raised from its public offering to settle short-term loans and invest in a wood pellet production plant for export. According to Report No. 29/BC-HĐQT and Board of Directors Resolution No. 28/NQ-HĐQT dated March 9th, the company has collected over 161 billion VND in actual revenue, exceeding the initial plan by 367 million VND. Phu Tai Joint Stock Company is stepping up investment in a wood pellet facto

The wood pellet manufacturing industry in Nghe An is experiencing strong growth thanks to abundant raw materials, the commissioning of many large projects, and continuously expanding exports. Amidst increasing global demand for biomass energy, the wood pellet production and export industry in Nghe An province is experiencing significant growth. Leveraging its large-scale planted forests, the province is gradually developing a closed-loop value chain from raw materials to proc