Information about the Company
PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) is a leader in the fertilizer and chemicals production and business in Vietnam, controlling 40% of the urea market share.
The company is also planning to further develop and invest in the chemical business using long-term strategies to become a worldwide agricultural and chemical corporation. The corporation has an annual production capacity of 1 million tons of fertilizers and an annual sales capacity of over 1.2 million tons of both fertilizer and chemical products.
In 2023, PVFCCo reached an important milestone, celebrating the 20th anniversary of its development journey. PVFCCo owns first-class fertilizer technology and chemical facilities in the Ba Ria – Vung Tau province of southern Vietnam with direct ownership in a large nationwide distribution network in the North, Central Highlands, Southeast, and Southwest.
Moving forward to the new stage of development, PVFCCo has set a vision to become an agricultural and chemical enterprise of international standards and create a chain of sustainable development values. The corporation’s mission is to ceaselessly create quality products and services to add more value and sustainable benefits to customers, partners, shareholders, and employees.
Since becoming a public company in 2007, the corporation has always been in the group of best-listed companies, generating an average profit margin of 20% with an attractive and sustainable cash dividend policy for its shareholders. Over the last 7 years, PVFCCo has been proud to be a member of the Top 20 VNSI - a Vietnam Sustainable Index selected by Ho Chi Minh Stock Exchange (HoSE) for listed companies with best ESG practices and consistent sustainable development goals to bring long-term benefits for stakeholders.
Corporate Culture & Company Activities
Throughout its 20 years of operation, PVFCCo has always maintained and promoted its core value system of “Professionalism – Efficiency, Dynamism – Creativity, Responsibility – Sharing, Aspiration – Outreach”. These core values have guided the creation of high-quality products and services, actively contributing to the spirit of community building and environmental protection, thereby helping PVFCCo develop soundly and sustainably.
The growth goals in PVFCCo’s development strategy are aligned with the goal of accompanying the sustainable development of agricultural and rural development. This will ensure that the achievements in the development of PVFCCo will contribute to supporting the local community while exchanging knowledge and experiences to help farmers save costs, enhance cultivation efficiency, and improve incomes and living standards.
So far, the corporation has invested over VND 1,200 billion in various social responsibility programs and projects. The key CSR activities focus on encouraging the entrepreneurial spirits of the youth in rural areas, supporting and sponsoring education for pupils and students with outstanding academic achievements, building houses for disadvantaged people, improving medical care access in rural areas, and training and investment in environment and climate change.
PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) is a leader in the fertilizer and chemicals production and business in Vietnam, controlling 40% of the urea market share.
The company is also planning to further develop and invest in the chemical business using long-term strategies to become a worldwide agricultural and chemical corporation. The corporation has an annual production capacity of 1 million tons of fertilizers and an annual sales capacity of over 1.2 million tons of both fertilizer and chemical products.
In 2023, PVFCCo reached an important milestone, celebrating the 20th anniversary of its development journey. PVFCCo owns first-class fertilizer technology and chemical facilities in the Ba Ria – Vung Tau province of southern Vietnam with direct ownership in a large nationwide distribution network in the North, Central Highlands, Southeast, and Southwest.
Moving forward to the new stage of development, PVFCCo has set a vision to become an agricultural and chemical enterprise of international standards and create a chain of sustainable development values. The corporation’s mission is to ceaselessly create quality products and services to add more value and sustainable benefits to customers, partners, shareholders, and employees.
Since becoming a public company in 2007, the corporation has always been in the group of best-listed companies, generating an average profit margin of 20% with an attractive and sustainable cash dividend policy for its shareholders. Over the last 7 years, PVFCCo has been proud to be a member of the Top 20 VNSI - a Vietnam Sustainable Index selected by Ho Chi Minh Stock Exchange (HoSE) for listed companies with best ESG practices and consistent sustainable development goals to bring long-term benefits for stakeholders.
Corporate Culture & Company Activities
Throughout its 20 years of operation, PVFCCo has always maintained and promoted its core value system of “Professionalism – Efficiency, Dynamism – Creativity, Responsibility – Sharing, Aspiration – Outreach”. These core values have guided the creation of high-quality products and services, actively contributing to the spirit of community building and environmental protection, thereby helping PVFCCo develop soundly and sustainably.
The growth goals in PVFCCo’s development strategy are aligned with the goal of accompanying the sustainable development of agricultural and rural development. This will ensure that the achievements in the development of PVFCCo will contribute to supporting the local community while exchanging knowledge and experiences to help farmers save costs, enhance cultivation efficiency, and improve incomes and living standards.
So far, the corporation has invested over VND 1,200 billion in various social responsibility programs and projects. The key CSR activities focus on encouraging the entrepreneurial spirits of the youth in rural areas, supporting and sponsoring education for pupils and students with outstanding academic achievements, building houses for disadvantaged people, improving medical care access in rural areas, and training and investment in environment and climate change.
The growth goals in PVFCCo’s development strategy are aligned with the goal of accompanying the sustainable development of agricultural and rural development. This will ensure that the achievements in the development of PVFCCo will contribute to supporting the local community while exchanging knowledge and experiences to help farmers save costs, enhance cultivation efficiency, and improve incomes and living standards.
Achievements and Impact
PVFCCo’s core business is the production and trading of fertilizer and chemicals. Its main production is at Phu My Fertilizer Plant located in Phu My 1 Industrial Park, Phu My Town, Ba Ria – Vung Tau Province; connected to a distribution network in the agricultural heartland and industrial plantation regions of Vietnam. This formed a closed-knitted distribution network of subsidiaries and PVFCCo’s regional headquarters.
In addition to the domestic market, the corporation also exports fertilizer products to predominantly Asian countries. Its key customers and markets for chemicals are in the South, mainly in the oil and gas industry and industrial production sectors.
In 2023, the corporation had 4 subsidiaries and 5 associates; with its entire workforce being 1,545 individuals as of 31 December 2023 (including the parent firm and its subsidiaries).
Besides that, the fertilizer market in 2023 suffered from unfavorable impacts due to escalating input costs and increasing competition among manufacturers leading to oversupply and sharp price declines compared to the high levels of 2022. Through diligent operational management, proactive sales volume enhancement, and cost-saving measures, PVFCCo overcame these challenges and achieved a total revenue of VND 14,038 billion in 2023, with total sales volume reaching 1.3 million tons of fertilizers and 118 thousand tons of chemicals of all kinds.
Future Direction
Based on the corporation’s development orientation as well as its capabilities, PVFCCo is planning to further develop and invest in both the fertilizer and chemical business and is currently seeking to cooperate with potential international partners. PVFCCo is also stepping up in a transformation process for future business expansion.
Aside from the Phu My Fertilizer Plant and the NPK Plant, PVFCCo also owns other chemical factories and facilities to produce Ammonia, UFC85, CO², and Petrochemical products. The corporation wishes to cooperate with international partners in investment and product-exclusive sales to export such products for the development of chemicals.
The potential projects integrated with the Phu My existing plants include the H2O2 project with a capacity of 40,000 MTPA, the AdBlue project with a capacity of 40,000 MTPA, the Melamine project with a capacity of 40,000 MTPA, and the Off-Gas project with a combined capacity of 14,000 of H2 MTPA, 4.4 million tons pa of Argon, and 22 million tons of N2 pa.
Besides that, in its forthcoming development strategy, PVFCCo has meticulously reviewed, updated, and tightly integrated ESG factors with its traditional business objectives. The corporation recognizes that consistent pursuit of sustainable development goals will bring long-term benefits, including the trust and support from employees, partners, shareholders, and the government.
PVFCCo’s core business is the production and trading of fertilizer and chemicals. Its main production is at Phu My Fertilizer Plant located in Phu My 1 Industrial Park, Phu My Town, Ba Ria – Vung Tau Province; connected to a distribution network in the agricultural heartland and industrial plantation regions of Vietnam. This formed a closed-knitted distribution network of subsidiaries and PVFCCo’s regional headquarters.
In addition to the domestic market, the corporation also exports fertilizer products to predominantly Asian countries. Its key customers and markets for chemicals are in the South, mainly in the oil and gas industry and industrial production sectors.
In 2023, the corporation had 4 subsidiaries and 5 associates; with its entire workforce being 1,545 individuals as of 31 December 2023 (including the parent firm and its subsidiaries).
Besides that, the fertilizer market in 2023 suffered from unfavorable impacts due to escalating input costs and increasing competition among manufacturers leading to oversupply and sharp price declines compared to the high levels of 2022. Through diligent operational management, proactive sales volume enhancement, and cost-saving measures, PVFCCo overcame these challenges and achieved a total revenue of VND 14,038 billion in 2023, with total sales volume reaching 1.3 million tons of fertilizers and 118 thousand tons of chemicals of all kinds.
Future Direction
Based on the corporation’s development orientation as well as its capabilities, PVFCCo is planning to further develop and invest in both the fertilizer and chemical business and is currently seeking to cooperate with potential international partners. PVFCCo is also stepping up in a transformation process for future business expansion.
Aside from the Phu My Fertilizer Plant and the NPK Plant, PVFCCo also owns other chemical factories and facilities to produce Ammonia, UFC85, CO², and Petrochemical products. The corporation wishes to cooperate with international partners in investment and product-exclusive sales to export such products for the development of chemicals.
The potential projects integrated with the Phu My existing plants include the H2O2 project with a capacity of 40,000 MTPA, the AdBlue project with a capacity of 40,000 MTPA, the Melamine project with a capacity of 40,000 MTPA, and the Off-Gas project with a combined capacity of 14,000 of H2 MTPA, 4.4 million tons pa of Argon, and 22 million tons of N2 pa.
Besides that, in its forthcoming development strategy, PVFCCo has meticulously reviewed, updated, and tightly integrated ESG factors with its traditional business objectives. The corporation recognizes that consistent pursuit of sustainable development goals will bring long-term benefits, including the trust and support from employees, partners, shareholders, and the government.
CORPORATE EXCELLENCE CATEGORY
PETROVIETNAM FERTILIZER AND CHEMICALS CORPORATION (PVFCCO)
Information about the Company
PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) is a leader in the fertilizer and chemicals production and business in Vietnam, controlling 40% of the urea market share.
The company is also planning to further develop and invest in the chemical business using long-term strategies to become a worldwide agricultural and chemical corporation. The corporation has an annual production capacity of 1 million tons of fertilizers and an annual sales capacity of over 1.2 million tons of both fertilizer and chemical products.
In 2023, PVFCCo reached an important milestone, celebrating the 20th anniversary of its development journey. PVFCCo owns first-class fertilizer technology and chemical facilities in the Ba Ria – Vung Tau province of southern Vietnam with direct ownership in a large nationwide distribution network in the North, Central Highlands, Southeast, and Southwest.
Moving forward to the new stage of development, PVFCCo has set a vision to become an agricultural and chemical enterprise of international standards and create a chain of sustainable development values. The corporation’s mission is to ceaselessly create quality products and services to add more value and sustainable benefits to customers, partners, shareholders, and employees.
Since becoming a public company in 2007, the corporation has always been in the group of best-listed companies, generating an average profit margin of 20% with an attractive and sustainable cash dividend policy for its shareholders. Over the last 7 years, PVFCCo has been proud to be a member of the Top 20 VNSI - a Vietnam Sustainable Index selected by Ho Chi Minh Stock Exchange (HoSE) for listed companies with best ESG practices and consistent sustainable development goals to bring long-term benefits for stakeholders.
Corporate Culture & Company Activities
Throughout its 20 years of operation, PVFCCo has always maintained and promoted its core value system of “Professionalism – Efficiency, Dynamism – Creativity, Responsibility – Sharing, Aspiration – Outreach”. These core values have guided the creation of high-quality products and services, actively contributing to the spirit of community building and environmental protection, thereby helping PVFCCo develop soundly and sustainably.
The growth goals in PVFCCo’s development strategy are aligned with the goal of accompanying the sustainable development of agricultural and rural development. This will ensure that the achievements in the development of PVFCCo will contribute to supporting the local community while exchanging knowledge and experiences to help farmers save costs, enhance cultivation efficiency, and improve incomes and living standards.
So far, the corporation has invested over VND 1,200 billion in various social responsibility programs and projects. The key CSR activities focus on encouraging the entrepreneurial spirits of the youth in rural areas, supporting and sponsoring education for pupils and students with outstanding academic achievements, building houses for disadvantaged people, improving medical care access in rural areas, and training and investment in environment and climate change.
PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) is a leader in the fertilizer and chemicals production and business in Vietnam, controlling 40% of the urea market share.
The company is also planning to further develop and invest in the chemical business using long-term strategies to become a worldwide agricultural and chemical corporation. The corporation has an annual production capacity of 1 million tons of fertilizers and an annual sales capacity of over 1.2 million tons of both fertilizer and chemical products.
In 2023, PVFCCo reached an important milestone, celebrating the 20th anniversary of its development journey. PVFCCo owns first-class fertilizer technology and chemical facilities in the Ba Ria – Vung Tau province of southern Vietnam with direct ownership in a large nationwide distribution network in the North, Central Highlands, Southeast, and Southwest.
Moving forward to the new stage of development, PVFCCo has set a vision to become an agricultural and chemical enterprise of international standards and create a chain of sustainable development values. The corporation’s mission is to ceaselessly create quality products and services to add more value and sustainable benefits to customers, partners, shareholders, and employees.
Since becoming a public company in 2007, the corporation has always been in the group of best-listed companies, generating an average profit margin of 20% with an attractive and sustainable cash dividend policy for its shareholders. Over the last 7 years, PVFCCo has been proud to be a member of the Top 20 VNSI - a Vietnam Sustainable Index selected by Ho Chi Minh Stock Exchange (HoSE) for listed companies with best ESG practices and consistent sustainable development goals to bring long-term benefits for stakeholders.
Corporate Culture & Company Activities
Throughout its 20 years of operation, PVFCCo has always maintained and promoted its core value system of “Professionalism – Efficiency, Dynamism – Creativity, Responsibility – Sharing, Aspiration – Outreach”. These core values have guided the creation of high-quality products and services, actively contributing to the spirit of community building and environmental protection, thereby helping PVFCCo develop soundly and sustainably.
The growth goals in PVFCCo’s development strategy are aligned with the goal of accompanying the sustainable development of agricultural and rural development. This will ensure that the achievements in the development of PVFCCo will contribute to supporting the local community while exchanging knowledge and experiences to help farmers save costs, enhance cultivation efficiency, and improve incomes and living standards.
So far, the corporation has invested over VND 1,200 billion in various social responsibility programs and projects. The key CSR activities focus on encouraging the entrepreneurial spirits of the youth in rural areas, supporting and sponsoring education for pupils and students with outstanding academic achievements, building houses for disadvantaged people, improving medical care access in rural areas, and training and investment in environment and climate change.
The growth goals in PVFCCo’s development strategy are aligned with the goal of accompanying the sustainable development of agricultural and rural development. This will ensure that the achievements in the development of PVFCCo will contribute to supporting the local community while exchanging knowledge and experiences to help farmers save costs, enhance cultivation efficiency, and improve incomes and living standards.
Achievements and Impact
PVFCCo’s core business is the production and trading of fertilizer and chemicals. Its main production is at Phu My Fertilizer Plant located in Phu My 1 Industrial Park, Phu My Town, Ba Ria – Vung Tau Province; connected to a distribution network in the agricultural heartland and industrial plantation regions of Vietnam. This formed a closed-knitted distribution network of subsidiaries and PVFCCo’s regional headquarters.
In addition to the domestic market, the corporation also exports fertilizer products to predominantly Asian countries. Its key customers and markets for chemicals are in the South, mainly in the oil and gas industry and industrial production sectors.
In 2023, the corporation had 4 subsidiaries and 5 associates; with its entire workforce being 1,545 individuals as of 31 December 2023 (including the parent firm and its subsidiaries).
Besides that, the fertilizer market in 2023 suffered from unfavorable impacts due to escalating input costs and increasing competition among manufacturers leading to oversupply and sharp price declines compared to the high levels of 2022. Through diligent operational management, proactive sales volume enhancement, and cost-saving measures, PVFCCo overcame these challenges and achieved a total revenue of VND 14,038 billion in 2023, with total sales volume reaching 1.3 million tons of fertilizers and 118 thousand tons of chemicals of all kinds.
Future Direction
Based on the corporation’s development orientation as well as its capabilities, PVFCCo is planning to further develop and invest in both the fertilizer and chemical business and is currently seeking to cooperate with potential international partners. PVFCCo is also stepping up in a transformation process for future business expansion.
Aside from the Phu My Fertilizer Plant and the NPK Plant, PVFCCo also owns other chemical factories and facilities to produce Ammonia, UFC85, CO², and Petrochemical products. The corporation wishes to cooperate with international partners in investment and product-exclusive sales to export such products for the development of chemicals.
The potential projects integrated with the Phu My existing plants include the H2O2 project with a capacity of 40,000 MTPA, the AdBlue project with a capacity of 40,000 MTPA, the Melamine project with a capacity of 40,000 MTPA, and the Off-Gas project with a combined capacity of 14,000 of H2 MTPA, 4.4 million tons pa of Argon, and 22 million tons of N2 pa.
Besides that, in its forthcoming development strategy, PVFCCo has meticulously reviewed, updated, and tightly integrated ESG factors with its traditional business objectives. The corporation recognizes that consistent pursuit of sustainable development goals will bring long-term benefits, including the trust and support from employees, partners, shareholders, and the government.
PVFCCo’s core business is the production and trading of fertilizer and chemicals. Its main production is at Phu My Fertilizer Plant located in Phu My 1 Industrial Park, Phu My Town, Ba Ria – Vung Tau Province; connected to a distribution network in the agricultural heartland and industrial plantation regions of Vietnam. This formed a closed-knitted distribution network of subsidiaries and PVFCCo’s regional headquarters.
In addition to the domestic market, the corporation also exports fertilizer products to predominantly Asian countries. Its key customers and markets for chemicals are in the South, mainly in the oil and gas industry and industrial production sectors.
In 2023, the corporation had 4 subsidiaries and 5 associates; with its entire workforce being 1,545 individuals as of 31 December 2023 (including the parent firm and its subsidiaries).
Besides that, the fertilizer market in 2023 suffered from unfavorable impacts due to escalating input costs and increasing competition among manufacturers leading to oversupply and sharp price declines compared to the high levels of 2022. Through diligent operational management, proactive sales volume enhancement, and cost-saving measures, PVFCCo overcame these challenges and achieved a total revenue of VND 14,038 billion in 2023, with total sales volume reaching 1.3 million tons of fertilizers and 118 thousand tons of chemicals of all kinds.
Future Direction
Based on the corporation’s development orientation as well as its capabilities, PVFCCo is planning to further develop and invest in both the fertilizer and chemical business and is currently seeking to cooperate with potential international partners. PVFCCo is also stepping up in a transformation process for future business expansion.
Aside from the Phu My Fertilizer Plant and the NPK Plant, PVFCCo also owns other chemical factories and facilities to produce Ammonia, UFC85, CO², and Petrochemical products. The corporation wishes to cooperate with international partners in investment and product-exclusive sales to export such products for the development of chemicals.
The potential projects integrated with the Phu My existing plants include the H2O2 project with a capacity of 40,000 MTPA, the AdBlue project with a capacity of 40,000 MTPA, the Melamine project with a capacity of 40,000 MTPA, and the Off-Gas project with a combined capacity of 14,000 of H2 MTPA, 4.4 million tons pa of Argon, and 22 million tons of N2 pa.
Besides that, in its forthcoming development strategy, PVFCCo has meticulously reviewed, updated, and tightly integrated ESG factors with its traditional business objectives. The corporation recognizes that consistent pursuit of sustainable development goals will bring long-term benefits, including the trust and support from employees, partners, shareholders, and the government.