UPL Vietnam Co., Ltd. | APEA - Asia Pacific Enterprise Awards

CORPORATE EXCELLENCE CATEGORY

UPL Vietnam Co., Ltd.

Company Introduction
UPL Limited, (formerly United Phosphorus Limited), is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates and specialty chemicals, and also offers crop protection solutions. The agro business is the company's primary source of revenue and includes the manufacture and marketing of conventional agrochemical products, seeds and other agricultural related products. The non-agro segment includes the manufacture and marketing of industrial chemicals and other non-agricultural related products such as fungicides, herbicides, insecticides, plant growth and regulators, rodenticides, industrial and specialty chemicals, and nutrifeeds. UPL products are sold in 150+ countries.

United Phosphorus Limited was established on 29 May 1969. The company changed its name to UPL Limited in October 2013. On 20 July 2018, UPL signed a US$4.2 billion agreement with Platform Specialty Products Corporation (now Element Solutions Inc.) to acquire control of Arysta LifeScience Inc. The acquisition was completed in February 2019,making UPL the fifth largest generic agrochemicals company in the world. UPL Vietnam Co.,Ltd was established on 31st March 2006. UPL Vietnam are certified under the ISO 9001 for quality assurance, 14001 for Environment Pollution Control norms and OHSAS 18001 for healthy and safety.

UPL vision is to be an icon for growth, technology and innovation.

UPL mission is Changing the game- to make every single food product more sustainable.

Corporate Culture
The company has many activities that connect and build friendly relationship to make work easier and more pleasant. These include engaging with the families of staff through annual trips to enable them to better understand their loved one’s job and work environment.

UPL Vietnam also provides opportunities for its staff to upgrade themselves through training courses. UPL Vietnam is not just a company, it's a house for all employees to feel like a second family.

Achievements and Impact
In 2020, UPL Vietnam expanded its representative office in Ho Chi Minh City. The company currently has around 250 employees. With an automatic machine system, UPL minimizes on labour costs. Revenue for 2020 is around 30mil USD and the target is to increase this by 20 percent a year. UPL's strategy is to initially focus on products with a market of less than US$ 50 million enabling it to increase its portfolio.

Future Direction
UPL’s five-year plan from 2020-2024 is to increase its volume from 4 million KL to 7 million. The plan also seeks to increase revenue from USD30 million to USD 60 million.

CORPORATE EXCELLENCE CATEGORY

UPL Vietnam Co., Ltd.

Company Introduction
UPL Limited, (formerly United Phosphorus Limited), is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates and specialty chemicals, and also offers crop protection solutions. The agro business is the company's primary source of revenue and includes the manufacture and marketing of conventional agrochemical products, seeds and other agricultural related products. The non-agro segment includes the manufacture and marketing of industrial chemicals and other non-agricultural related products such as fungicides, herbicides, insecticides, plant growth and regulators, rodenticides, industrial and specialty chemicals, and nutrifeeds. UPL products are sold in 150+ countries.

United Phosphorus Limited was established on 29 May 1969. The company changed its name to UPL Limited in October 2013. On 20 July 2018, UPL signed a US$4.2 billion agreement with Platform Specialty Products Corporation (now Element Solutions Inc.) to acquire control of Arysta LifeScience Inc. The acquisition was completed in February 2019,making UPL the fifth largest generic agrochemicals company in the world. UPL Vietnam Co.,Ltd was established on 31st March 2006. UPL Vietnam are certified under the ISO 9001 for quality assurance, 14001 for Environment Pollution Control norms and OHSAS 18001 for healthy and safety.

UPL vision is to be an icon for growth, technology and innovation.

UPL mission is Changing the game- to make every single food product more sustainable.

Corporate Culture
The company has many activities that connect and build friendly relationship to make work easier and more pleasant. These include engaging with the families of staff through annual trips to enable them to better understand their loved one’s job and work environment.

UPL Vietnam also provides opportunities for its staff to upgrade themselves through training courses. UPL Vietnam is not just a company, it's a house for all employees to feel like a second family.

Achievements and Impact
In 2020, UPL Vietnam expanded its representative office in Ho Chi Minh City. The company currently has around 250 employees. With an automatic machine system, UPL minimizes on labour costs. Revenue for 2020 is around 30mil USD and the target is to increase this by 20 percent a year. UPL's strategy is to initially focus on products with a market of less than US$ 50 million enabling it to increase its portfolio.

Future Direction
UPL’s five-year plan from 2020-2024 is to increase its volume from 4 million KL to 7 million. The plan also seeks to increase revenue from USD30 million to USD 60 million.