On the principle of ‘Cooperation for Mutual Development’, on February 22, 2024, THD Vietnam Project Development Joint Stock Company and Springfield Waste Refining Technology Joint Stock Company have taken the initial steps to establish a legal framework for sustainable cooperation through the signing of a strategic cooperation agreement. This agreement aims to jointly develop circular agriculture projects, invest in waste treatment technology, and produce organic soil meeting US standards.

Strategic Cooperation Agreement between THD Vietnam Project Development Joint Stock Company and Springfield Waste Refining Technology Joint Stock Company

Reliable and Potential Partner

THD Vietnam Project Development Joint Stock Company operates in various fields including financial investment, sustainable project development, circular economy strategies in organic agriculture integrated with renewable energy, waste treatment projects, deep-water seaport projects, investment promotion, urban development projects, etc. Currently, the company, along with international partners, has completed research and evaluation of new economic models and is implementing strategies to develop circular economy complexes in Vietnam.

Springfield Waste Refining Technology Joint Stock Company is a pioneering enterprise owning W2S technology for producing artificial soil from waste materials, aiming to gradually minimize and eliminate pollution emissions, reduce greenhouse gas emissions from agricultural production to Zero, and replace chemical fertilizers to develop a sustainable circular organic agriculture system.

 The project design for waste treatment technology and production of organic soil meeting US standards.

Based on this, THD Vietnam Project Development Joint Stock Company has successfully negotiated and signed a strategic cooperation agreement with Springfield Waste Refining Technology Joint Stock Company to implement cooperative development projects in circular agriculture. This involves applying waste refining technology integrated with a livestock farming system to produce clean, nutrient-rich artificial organic soil, replacing soil improvers and common chemical fertilizers.

Collaboration to Leverage Strengths

THD Vietnam Project Development Joint Stock Company has been collaborating with leading experts in circular organic agriculture for many years, possessing extensive experience and deep understanding of local climate, economic, and community characteristics. Under this cooperation agreement, the company, acting as the project developer, is responsible for legal procedures and financial arrangements both domestically and internationally to implement the project. The goal is not only to successfully construct the project but also to establish initial theoretical foundations and platforms for future similar projects.

With its core expertise in waste processing refinement, Springfield provides technical solutions and waste refining technology for livestock farming, artificial soil production, and fertilizer production to supply to raw material growing areas and distribution units.

With the specialized knowledge and credibility of the parties involved, this collaborative relationship not only opens up significant potential for project development but also marks the beginning of long-term cooperation, aiming towards sustainable growth goals for both parties and contributing more to the economy and community.