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PETROLIMEX CHEMICALS COMPANY LIMITED

Active

Business ID 0108241378

84-24 / 3851 3210

PETROLIMEX CHEMICALS COMPANY LIMITED

Active

Business ID 0108241378

84-24 / 3851 3210

PETROLIMEX CHEMICALS COMPANY LIMITED

Active

Summary

Name:

PETROLIMEX CHEMICALS COMPANY LIMITED

Business ID (TIN):

0108241378

Date of Registration:

05 Jan 2006

Registered Office:

Ha Noi City Department of Planning and Investment

Address:

19th Floor, No. 229, Tay Son Street, Nga Tu So Ward, Dong Da District, Ha Noi City, Vietnam

Phone:

84-24 / 3851 3210

Fax:

(84-24) 3851 3214

Financial Statement:

2020, 2021, 2022, 2023, 2024

Explore the Complex Chemistry Behind PETROLIMEX CHEMICALS COMPANY LIMITED: A Key Player in Vietnam’s Petroleum-Based Chemical Supply Chain

PETROLIMEX CHEMICALS COMPANY LIMITED (Vietnamese: CÔNG TY TNHH HÓA CHẤT PETROLIMEX) is more than just a wholesaler—it is a strategic supplier of chemicals and solvents essential to Vietnam’s petroleum, industrial, and agricultural sectors. Established on January 5, 2006, and operating under Business ID 0108241378, the company is wholly owned by Petrolimex Petrochemical Corporation - JSC, part of the state-owned Petrolimex Group—one of Vietnam’s most prominent energy conglomerates

Headquartered on the 19th floor of No. 229 Tay Son, Hanoi, and with distribution warehouses in Hai Phong and Ho Chi Minh City, PETROLIMEX CHEMICALS ensures nationwide coverage for products like solvents, industrial chemicals, and additives used in paint, glue, pesticides, and petroleum refining.

📊 Financial Overview: Sales Rise Despite Profit Losses

In 2023, the company achieved USD 121.35 million in sales, marking a 7.83% increase from the previous year—an impressive recovery after a slight dip in 2022. However, profitability remains a challenge, with net losses of USD 268,633—a much smaller loss than in 2022, but still indicating pressure on margins or increasing operational costs.

Total assets declined by 9.59%, dropping to USD 59.39 million, while equity decreased modestly by 2.63%. Working capital remained tight at just USD 104,030, which may raise questions about liquidity and short-term financial flexibility.

These figures reflect a company navigating between strong top-line growth and backend financial optimization. The 2023 performance is a marked improvement from 2022’s heavier losses, showing signs of recovery, but the profitability gap still needs to be addressed in future quarters.

🔍 Why PETROLIMEX CHEMICALS Deserves Your Attention

Backed by a national brand: As a subsidiary of Petrolimex Petrochemical Corporation, the company benefits from access to supply chains, infrastructure, and institutional contracts.
Serving multiple sectors: From energy to agriculture to construction, the demand for solvents and specialty chemicals is expanding as Vietnam’s industrial base grows.
Nationwide reach: North and South Vietnam Warehouses help facilitate fast delivery and logistics support across key regions.

💡 Whether you're an investor researching state-affiliated enterprises, a manufacturer needing a reliable solvent supply, or a logistics provider assessing potential partners—PETROLIMEX CHEMICALS CO., LTD. should be on your radar.

To learn more about this company's ownership structure, credit risk, and financial trajectory, visit VNBIS.COM and download the full company report.

Legal Profile

English Name:

PETROLIMEX CHEMICALS COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH HÓA CHẤT PETROLIMEX

Short Name:

CÔNG TY HÓA CHẤT PETROLIMEX

Business ID (TIN):

0108241378

Date of Registration:

05 Jan 2006

Registered Office:

Ha Noi City Department of Planning and Investment

Ownership Status:

Invested by State-Owned Company

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN D.L

+ LUONG K.T

Address:

19th Floor, No. 229, Tay Son Street, Nga Tu So Ward, Dong Da District, Ha Noi City, Vietnam

Phone:

84-24 / 3851 3210

Fax:

(84-24) 3851 3214

Warehouse Address:

Thuong Ly General Oil Depot, So Dau Ward, Hong Bang District, Hai Phong City, Vietnam

Warehouse Address:

Nha Be General Oil Depot, Duong Cat Loi Street, Nha Be District, Ho Chi Minh City, Vietnam

Branch:

6th Floor, VOV Building, No. 7, Nguyen Thi Minh Khai Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

4669 Other specialized wholesale n.e.c

Industry Sales Growth

CAGR (2019 - 2023)

3.19%

YoY (2023)

-2.59%

Companies by industry

Company distribution and propportions

50,623

1.7412%

Key Industry Players

Top 10 companies in other specialized wholesale n.e.c industry

handicraft and art articles export-import corporation sai gon beer trading company limited asia chemical corporation vietnam general corporation of agricultural materials - joint stock company tuong nguyen import export trading service company limited a dong adg corporation serveone (vietnam) company limited an thanh bicsol joint stock company (translated name) hung thanh agricultural materials company limited gad vietnam joint stock company

Payment History

Purchase the report to access company details.

Financial Performance

Assets	79.70%
Owner’s Equity	48.17%
Working Capital	97.41%
Net Worth	63.63%
Sales	35.55%
Operating income	-57.66%
EBIT	-70.27%
Gross Profit Margin	62.11%
Debt to EBITDA	-68.79%

📈 📊

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Owner's Equity

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Company Standard Report

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Profit and Loss Statement

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Negative Payment Records

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Litigation Records; Negative News

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Profit and Loss Statement

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Opinion from Analysts

Specific Questions About PETROLIMEX CHEMICALS COMPANY LIMITED

When did PETROLIMEX CHEMICALS COMPANY LIMITED start operating?

PETROLIMEX CHEMICALS COMPANY LIMITED was started in 05 Jan 2006

What industry does PETROLIMEX CHEMICALS COMPANY LIMITED operate in?

PETROLIMEX CHEMICALS COMPANY LIMITED is operating in "Other specialized wholesale n.e.c" industry

How can I contact PETROLIMEX CHEMICALS COMPANY LIMITED?

PETROLIMEX CHEMICALS COMPANY LIMITED phone numbers is 84-24 / 3851 3210

What adverse news is there about PETROLIMEX CHEMICALS COMPANY LIMITED?

PETROLIMEX CHEMICALS COMPANY LIMITED’s has 9 bad news

What is stock symbol of PETROLIMEX CHEMICALS COMPANY LIMITED?

PETROLIMEX CHEMICALS COMPANY LIMITED is not listed company

Where is the location of PETROLIMEX CHEMICALS COMPANY LIMITED?

PETROLIMEX CHEMICALS COMPANY LIMITED is located at 19th Floor, No. 229, Tay Son Street, Nga Tu So Ward, Dong Da District, Ha Noi City, Vietnam

What is PETROLIMEX CHEMICALS COMPANY LIMITED’s business registration?

PETROLIMEX CHEMICALS COMPANY LIMITED business registration is 0108241378

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PETROLIMEX CHEMICALS COMPANY LIMITED

PETROLIMEX CHEMICALS COMPANY LIMITED

PETROLIMEX CHEMICALS COMPANY LIMITED

📊 Financial Overview: Sales Rise Despite Profit Losses

🔍 Why PETROLIMEX CHEMICALS Deserves Your Attention

Company Profile Report

Company Standard Report

Comprehensive Report

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PETROLIMEX CHEMICALS COMPANY LIMITED

PETROLIMEX CHEMICALS COMPANY LIMITED

PETROLIMEX CHEMICALS COMPANY LIMITED

📊 Financial Overview: Sales Rise Despite Profit Losses

🔍 Why PETROLIMEX CHEMICALS Deserves Your Attention

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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