Seeing the rising demand for plastic materials and products, Phu My Plastics & Chemicals Co Ltd (PMPC) was established in 2000 with an initial investment capital of US$70 million. At present, the company is primarily produces PVC resins and other related petrochemical products, with 80 percent of the output for domestic market and the rest for export. To meet the soaring market demand, the firm has continuously expanded its production scales since its inception.
PMPC is a joint venture between Petronas Chemicals Group (PCG) - an affiliate of the Malaysian oil firm Petronas - and the Ship Building and Oil Gas Services Joint Stock Company (Vungtau Shipyard - VTSC). The company’s factory, costing US$100 million of investment capital, has a designed annual capacity of 100,000 tonnes of Polyvinas-branded products.
PMPC uses most advanced European technologies provided by European Vinyl Corporation (EVC). Besides, the company receives the active investment and support from Petronas Group as well as from the Ba Ria - Vung Tau province. Polyvinas-traded PVC resins are certified by international agencies.
To turn out safe, qualified products, the company constantly invests in upgrading equipment, renovating technologies, applying scientific advancements, and building up a skilful, enthusiastic and creative workforce.
Not only being a strong brand name in the Vietnamese plastics industry, PMPC is also well-known for its inspiring corporate culture. While consolidating collective strength, the company offers all favourable conditions for individuals to uphold their talents to form an effective working environment. It also pays special attention to improving living standards of its employees.
With its persevering effort for better product quality and customer interests, PMPC was honourably named the Top 40 FDI Business Award in 2004 and 2006 - 2008, the Vietnam Trademark Gold Cup in 2007, the Vietnam VNR500 Award (the list of 500 largest companies in Vietnam) in 2008.
Ms Nguyen Vu Kim Lien, General Director of PMPC, said: “In our development strategy, we always put a premium on our commitments to safety, friendly development, sustained community, cost effectiveness, and competitiveness enhancement. Currently, PMPC’s resins are used in all industrial, commercial and household plastic industries. Remarkably, in July 2011, the Ministry of Industry and Trade approved the plastics industry development plan for the period from now to 2020, with vision to 2025, aiming to make it a major economic driver of the country. Seizing this golden opportunity, PMPC will proactively invest in modern machinery to improve production capacity and product quality, focus on product research and development, and expand domestic and foreign sales. Besides, the company will improve the quality management system according to international standards, train human resources to meet all requirements of partners in Vietnam and in the world.”
Song Thanh
Vietnamese
