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VINA PLASTICIZERS CHEMICAL COMPANY LIMITED

Active

Business ID 3600248128

84-251 / 3841 241

VINA PLASTICIZERS CHEMICAL COMPANY LIMITED

Active

Business ID 3600248128

84-251 / 3841 241

VINA PLASTICIZERS CHEMICAL COMPANY LIMITED

Active

Summary

Name:

VINA PLASTICIZERS CHEMICAL COMPANY LIMITED

Business ID (TIN):

3600248128

Date of Registration:

22 Jun 1995

Registered Office:

Dong Nai Province Department of Planning and Investment

Address:

Go Dau Industrial Park, Phuoc Thai Commune, Long Thanh District, Dong Nai Province, Vietnam

Phone:

84-251 / 3841 241

Financial Statement:

2020, 2021, 2022, 2023, 2024

VINA PLASTICIZERS CHEMICAL COMPANY LIMITED is a long-standing industrial player in Vietnam’s petrochemical sector. It specializes in the production and distribution of plasticizers such as DOP and DINP, key inputs for the PVC industry. Founded in 1995 and headquartered in Go Dau Industrial Park, Dong Nai Province, the company operates under a limited liability structure and benefits from a powerful international-local ownership blend, including AEKYUNG Chemical (South Korea), Southern Fertilizer JSC, and PetroVietnam Oil Corporation.

Led by General Director Jeon G. C., with financial oversight by Chief Accountant Phan T. N., the company maintains a mid-sized workforce of approximately 100 employees and an operational presence in Dong Nai, Ho Chi Minh City, and Hanoi. This geographic footprint allows the firm to serve both industrial hubs and trading partners efficiently, reinforcing its position in the upstream supply chain of Vietnam’s plastic and chemical manufacturing ecosystem.

In 2024, VINA PLASTICIZERS reported sales of over USD 132 million, a 7 percent increase year-over-year, indicating a rebound in market demand or pricing after two years of sales contraction. However, beneath this top-line growth lies a more sobering reality: the company remained unprofitable for the third consecutive year, with losses narrowing only slightly to USD 1.91 million. The prior year’s loss was even steeper, at over USD 2.73 million, suggesting that while operations may be stabilizing, profitability remains elusive.

Another concern is the erosion of equity. Owner’s equity has declined for three consecutive years, falling to USD 9.5 million in 2024, compared to USD 13.3 million in 2022. Asset value also shrank significantly during the same period, dropping nearly 25 percent in two years. Moreover, the company ended 2024 with negative working capital, a potential signal of liquidity strain or aggressive short-term financing.

Despite its strong brand recognition, strategic location, and multinational backing, VINA PLASTICIZERS CHEMICAL COMPANY LIMITED appears to be operating under financial pressure. The company’s future will depend on its ability to restructure costs, improve production margins, and align its pricing strategy with raw material fluctuations and global demand trends.

In an industry where scale and integration matter, VINA PLASTICIZERS is well-positioned—but at risk. Stakeholders, suppliers, and potential partners should monitor its profitability trajectory closely, as the coming years may determine whether this once-stable enterprise can turn the page or continue to erode value.

Legal Profile

English Name:

VINA PLASTICIZERS CHEMICAL COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH HÓA CHẤT CHẤT HÓA DẺO VINA

Short Name:

VINA PLASTICIZERS CHEM

Business ID (TIN):

3600248128

Date of Registration:

22 Jun 1995

Registered Office:

Dong Nai Province Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ JEON G

+ PHAN T.N

Address:

Go Dau Industrial Park, Phuoc Thai Commune, Long Thanh District, Dong Nai Province, Vietnam

Phone:

84-251 / 3841 241

Transaction office:

Unit 1101, 11th Floor, Sun Wah Tower, No. 115, Nguyen Hue Street, Ho Chi Minh City, Vietnam

Other:

6th Floor, Kinh Do Building, No. 292, Tay Son Street, Dong Da Ward, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

2013 Manufacture of plastics and synthetic rubber in primary forms

Industry Sales Growth

CAGR (2019 - 2023)

4.66%

YoY (2023)

-9.31%

Companies by industry

Company distribution and propportions

1,279

0.0440%

Key Industry Players

Top 10 companies in manufacture of plastics and synthetic rubber in primary forms industry

the southern rubber industry joint stock company vina plasticizers chemical company limited agc chemicals vietnam company limited european plastic joint stock company tpc vina plastic and chemical corporation limited. phuc thanh vinh rubber co.,ltd viet thanh plastic trading and manufacturing joint stock company thuan loi rubber company limited linh huong production trading company limited tien thanh limited company

Payment History

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Financial Performance

Assets	37.27%
Owner’s Equity	59.50%
Working Capital	-6.80%
Net Worth	-72.51%
Sales	-47.33%
Operating income	-33.36%
EBIT	32.25%
Gross Profit Margin	12.44%
Debt to EBITDA	14.66%

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Specific Questions About VINA PLASTICIZERS CHEMICAL COMPANY LIMITED

When did VINA PLASTICIZERS CHEMICAL COMPANY LIMITED start operating?

VINA PLASTICIZERS CHEMICAL COMPANY LIMITED was started in 22 Jun 1995

What industry does VINA PLASTICIZERS CHEMICAL COMPANY LIMITED operate in?

VINA PLASTICIZERS CHEMICAL COMPANY LIMITED is operating in "Manufacture of plastics and synthetic rubber in primary forms" industry

How can I contact VINA PLASTICIZERS CHEMICAL COMPANY LIMITED?

VINA PLASTICIZERS CHEMICAL COMPANY LIMITED phone numbers is 84-251 / 3841 241

What adverse news is there about VINA PLASTICIZERS CHEMICAL COMPANY LIMITED?

VINA PLASTICIZERS CHEMICAL COMPANY LIMITED’s has 1 bad news

What is stock symbol of VINA PLASTICIZERS CHEMICAL COMPANY LIMITED?

VINA PLASTICIZERS CHEMICAL COMPANY LIMITED is not listed company

Where is the location of VINA PLASTICIZERS CHEMICAL COMPANY LIMITED?

VINA PLASTICIZERS CHEMICAL COMPANY LIMITED is located at Go Dau Industrial Park, Phuoc Thai Commune, Long Thanh District, Dong Nai Province, Vietnam

What is VINA PLASTICIZERS CHEMICAL COMPANY LIMITED’s business registration?

VINA PLASTICIZERS CHEMICAL COMPANY LIMITED business registration is 3600248128

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