Phu My NPK in 2021: PVFCCo reached the target 35 days in advance
Abstract
PetroVietnam Fertilizers and Chemicals Corporation - JSC (PVFCCo, stock code: DPM) said that on November 26, 2021, the accumulated Phu My NPK output has reached the milestone of 150,000 tons, reaching the production target of the year 35 days earlier than planned.
This number is particularly meaningful in 2021 when PVFCCo has performed periodic general maintenance of Phu My NPK Plant while simultaneously coped with difficulties caused by severe outbreak of the Covid-19 epidemic such as the compulsory implementation of the “3 on-site" production mode, significant increase in the cost of raw materials, labor, logistics, etc. worldwide.
Not only developing in production output, Phu My NPK Plant keeps improving and upgrading its product quality, continuously researching new production formulas to diversify NPK Phu My product chain and provide optimal nutrition to each growing stage of plants.
The growth of Phu My NPK production has helped PVFCCo have more key product lines besides the traditional Phu My urea product, increase fertilizer supply to the market, and optimize its business performance in 2021.
Phu My NPK Plant is the first project in Vietnam using chemical technology of Incro SA (Spain). The 250,000 tons/year plant has been put into operation since 2018.
Vietnam Report JSC. (Vietnam Report) in collaboration with VietnamNet News have announced the VNR500 Ranking - Top 500 largest enterprises in Vietnam - in 2021. This is the 15th consecutive year that the VNR500 Ranking has been published to honor the largest enterprises attaining remarkable production and business achievements in Vietnam.
According to the VNR500 in 2021, PVFCCo is in the Top 500 Largest Enterprises in Vietnam for the 15th time. PVFCCo is ranked 122nd in the Best Profit Ranking and 159th in the Revenue Ranking. With this result, PVFCCo continues to maintain its position as the leading enterprise in Vietnam in the fertilizer production and trading industry.
References
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