On July 22, 2023, Phu Thai Chemical Corporation (PTC) held a business review for the first 6 months of 2023 with the group’s member companies.

In the general economic downturn and difficulties, the first 6 months of the year were really a challenge for PTC as it was on the way to conquering new business areas. However, with the leadership of the Board of Directors of the company and the group together with the relentless efforts, PTC has achieved some remarkable achievements:

After 4 months of operation, PTC has a certificate of approval for Methanol business. This is also an important event marking the new process of PTC to increase the output of chemical business.

  • March 15, 2023: After 6 months of establishment, PTC continues to develop and expand business products other than chemicals, which are wood products such as: wood chips, wood pellets, veneers… This development is the birth of Nghi Son branch, Thanh Hoa with branch office located at Gama Cong Thanh International Port, Nghi Son, Thanh Hoa. Right on the day of establishment of the branch, the output of wood chips imported to the yard on the opening day was: 500 tons/day. Output was maintained and increased in the following days.
  • March 27, 2023: PTC continued to reach the milestone of success with the achievement of delivering goods to the target assigned by the Chairman of the Board of Directors and a bonus: $2,000
  • April 19, 2023: PTC successfully directly exported 01 woodchip ship to the Chinese market with an output of: 16.8 thousand tons of BDMT at Cai Lan Port, Quang Ninh.
  • June 2023: PTC hires chemical tanks to prepare for the import process.
  • June 25, 2023: PTC imported the first Toluen vessel at Go Dau Port, marking a development of PTC in the import of goods and a big buzz in the chemical market. PTC has created a surprise in a short time and gradually affirmed its brand among many chemical enterprises with a long history.
  • Besides, PTC has successfully deployed and applied ERP software to help manage all business activities on the system.
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In recognition of the development and relentless efforts, PTC was honored to receive the group’s awards such as: The best unit in the first 6 months of the year; “Hot bonus” 2000 USD when reaching the target of chemical delivery; This is a driving force that contributes to motivating the Board of Directors and PTC’s staff to be determined to achieve the goals of the last 6 months of 2023 as well as the plans in the coming time.