Hoa Phat Da Nang Steel Pipe is fast-tracking a new 5.2 MW rooftop solar power project for 2026. This project intends to increase clean energy self-sufficiency and lower production costs while reducing CO2 emissions.

During an April 27 meeting, Vice Chairman Nguyen Manh Tuan and local management finalized these plans to decrease grid reliance and improve operational efficiency.

In addition to renewable energy, the factory plans to upgrade its acid fume extraction system to enhance the working environment and pipe plating line productivity. Warehouse layouts for HRC storage will also undergo standardization.

Currently, Hoa Phat Da Nang Steel Pipe maintains a 35% market share in Vietnam with an annual capacity of 1.2 million tons. Its products meet international quality standards such as ASTM and JIS, reaching global markets including the US, EU, and Japan.