Introduction

General Introduction

With persistent efforts, PVCFC is currently the leading brand in the fertilizer industry in Vietnam in terms of production capacity, operation staff, consumption volume, market dominance, steady revenue growth, strong distribution system, putting PVCFC on the way to reach out to the region.

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THE LOCAL LEADING BRAND ON THE WAY TO INTERNATIONAL LEVEL

Dear Shareholders, investors, customers, partners and all employees

The year 2020 ended with unprecedented difficulties in human history when the Covid-19 pandemic broke out and spread across the globe, including Vietnam. That has led to heavy impacts on all economic and social fields, etc. However, with a solid foundation and firm management system, PetroVietnam Ca Mau Fertilizer Joint Stock Company (PVCFC) has overcome all challenges, successfully completed business results and achieved proud successes.

2020 was also the year marking the 10th anniversary of establishment - an important milestone in PVCFC's development journey. At this time last year, Ca Mau Fertilizer announced that we were trying to develop and accelerate to make a strong breakthrough towards the goal of leading and establishing a new position in the fertilizer market in Vietnam. Now, we are happy to share with you that Ca Mau Fertilizer has successfully achieved that goal. In 2020, Ca Mau Fertilizer made a spectacular breakthrough and conquered unprecedented growth achievements.

Breakthrough business results

At the end of the fiscal year 2020, PVCFC set a record of revenue with VND 7,700 billion, reaching 111% of the plan. Pre-tax profit reached VND 716.5 billion, an increase of 40% compared to the plan in 2020 and an increase of 55% compared to 2019, cost reduction attained VND 243.95 billion, reaching 200.47% of the plan. These are all talking numbers showing the unremitting efforts of all the staff, the consensus, dedication and dedication to the prosperous Vietnamese agriculture.

Breakthrough production - output

In 2020, Ca Mau Fertilizer Plant maintained production at 110% of capacity and achieved a record of converted-to-urea output for the first time in its 9-year journey, PVCFC reached 934.77 thousand tons, reaching 104 % of the plan and finished nearly 51 days ahead of schedule. In particular, the export output in 2020 reached over 300 thousand tons, of which the Cambodian market increased by 42% compared to 2019 and PVCFC also expanded export to fastidious markets such as Thailand and Myanmar, India, Brazil, etc.

Breakthrough branding

On October 20, 2020, PetroVietnam Ca Mau Fertilizer Joint Stock Company officially expanded its brand name from "Dam Ca Mau" to "Ca Mau Fertilizer". The brand story of “Ca Mau Fertilizer - Hat ngoc mua vang” is conveyed more widely and deeply about the mission to bring “thousands of Gold Fields” of value to Vietnam's agriculture, thanks to the range of quality Ca Mau Fertilizer products like colorful “pearls”. This shift is considered a breakthrough to take PVCFC to new visions and values to fulfill its mission of providing a comprehensive set of nutritional solutions for plants as well as meeting competitiveness and affirming its position in the domestic and foreign fertilizer market.

Breakthrough technology

Besides outstanding production and business results, PVCFC also made a mark with many technological successes such as: Upgrading and using E-Office for remote but effective working; using ERP for enterprise resource optimization; drastically improved “2Nong” App to support farmers in weather news, crops, market prices; Completing the digitization of operational processes and building a common database for analysis and forecasting; In particular, promoting strategic cooperation with Samsung and Viettel to develop information technology applications in agricultural production.

The above successes and breakthroughs are the result of a 10-year journey with so many constant efforts of PVCFC’s generations. We are always grateful for your unanimity, enthusiasm and dedication to create a strong PVCFC brand as it is today. And those successes are always honored with the prestigious awards we have achieved: The National Brand Award for the 4th time in a row; National Quality Gold Award; The World’s Top-10 Most most productive plants award given by Haldor Topsoe; the Enterprises accompanying farmers award 2020 and many other proud awards.

10 years has been a memorable journey and the mission of "Nurturer" continues to be promoted and expressed by PVCFC through many meaningful activities: Supporting Covid-19 epidemic prevention, bringing Tet to the poor countryside, building bridges and houses, sponsoring books and relay-to-school scholarships; giving love, supporting difficult situations, etc., with a total contribution of more than VND 18 billion to society in the past year.

Breakthrough to leading

After 10 years of establishment and development, a period of time not too long but enough for PVCFC to affirm its position in the face of market fluctuations, have enough courage to overcome difficulties and have enough prestige to affirm the brand identity in the face of constant changes and transformations and especially be confident enough to take the lead on the journey forward. With your enthusiastic support, we believe that PVCFC will firmly pioneer the path of sustainable growth, constantly adding values to all stakeholders.

Wish you good health and success

Core values

Commit to make all efforts to conquer and develop in order to always preserve the entire value chain of being "Pioneering - Considerate - Responsible - Compatible".
Ensure to keep credibility and trust to deserve the companionship of shareholders and the support of customers.
Be together with the community on all development paths through social security work, side by side companion with farmers.
Provide an exciting, attractive, professionalism and potential working environment by selective and optimized production, business and investment strategies.

Vision

Become the leading enterprise in the region in the field of fertilizer production and trading. .

Mission

Contribute to secure fertilizer supply and food security with pioneering nutrient solutions for crops

Formation and development

In early 2008, the Vietnam Oil and Gas Group (Petrovietnam) held a wide international bidding and extended the copyright for the Ca Mau Fertilizer Plant Project.

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2008

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Ca Mau Fertilizer Plant was officially gone construction.

On March 9, 2011, Ca Mau Gas and Fertilizer Limited Company was founded (part of PVN).

Trademark products of Ca Mau Fertilizer Plant were launched. The General Contractor entrusted the right to coordinate the commissioning and capacity testing to the Investor and completed the performance test for the entire Plant on April 14, 2012.
The State Acceptance Council approved to put the plant into commercial operation on April 23, 2012 after obtaining sufficient approval documents on fire prevention and fighting, environment, license to exploit surface water and discharge waste. On April 24, 2012, the plant was completed and handed over to the Vietnam Oil and Gas Group/Ca Mau Gas and Fertilizer Limited Company (PVCFC) for commercial operation.
Trademark products “Dam Ca Mau - Hat ngoc mua vang” were launched.
500,000 tons were yielded after 10 months.

1 million tons were yielded after 15 months.
Awarded with the titles of Vietnam’s Golden Star and Outstanding Agricultural Products

On November 12, 2014, IPO held by PVCFC was a hit with 128,951,200 shares sold out, making it the biggest IPO transaction in 2014.
PVCFC was officially recognized as the Nation’s Brand.

3 million tons were yielded after 4 years.
PVCFC became a stock company with its name DCM first appearing on Ho Chi Minh City stock market.
High quality products, N.HUMATE + TE, were launched.

Over 4 million tons were yielded after 5 years.
PVCFC received the Second-Class Labor Medal.
2 more qualitative products debuted on the market, consecutively N46 PLUS and NANO C+.

A collection of 7 products offering optimal growing environment for plants were officially distributed.
Became one in the 500 soaring businesses of Vietnam (VNR500).

Reached 5 million tons.
For the first time ever, cooperatives and growers had been introduced with the program, “Experiencing high-tech collection of products”.
During the very first year, the consumption rate was spiraling, surpassing the initial plan by 10%.

A record-breaking production rate was noted, reaching the finishing line 36 days earlier than the expected date: 870 thousand tons.
Reached 6 million tons of Urea.
DMS helped computerize all transactions.
Became one of the "Prestigious Exporting Enterprises".
Became one of the 100 most stable businesses in Vietnam.

Reached a record revenue of VND 7,700 billion.
Reached a record export output of over 300 thousand tons.
Reached 7 million tons of Urea.
Expanded the brand from “Dam Ca Mau” to “Ca Mau Fertilizer”.
Recognized as the Nation’s Brand.

Management Board of Gas - Power - Fertilizer, PVCFC in various periods

Mr.

NGUYỄN QUANG THƯỜNG

Phó Tổng giám đốc Tổng Công ty
Dầu khí Việt Nam khiêm
Trưởng ban Quản lý Dự án
Cụm Khí - Điện - Đạm Cà Mau
Từ tháng 10/2002 - 11/2002

Mr.

PHẠM VĂN ĐỊNH

Phó Tổng giám đốc Tổng Công ty
Dầu khí Việt Nam khiêm
Trưởng ban Quản lý Dự án
Cụm Khí - Điện - Đạm Cà Mau
Từ tháng 12/2002 - 02/2009

Mr.

TRỊNH THANH BÌNH

Trưởng ban Quản lý Dự án
Cụm Khí - Điện - Đạm Cà Mau
Từ tháng 03/2009 - 11/2009

Mr.

LÊ MẠNH HÙNG

Trưởng ban Quản lý Dự án
Cụm Khí - Điện - Đạm Cà Mau
Từ tháng 12/2009 - 04/2012

Giám đốc Công ty TNHH MTV
Phân bón Dầu khí Cà Mau
Từ tháng 03/2011 - 11/2013

Mr.

NGUYỄN ĐỨC THÀNH

Phó Trưởng ban Quản lý Dự án
Cụm Khí - Điện - Đạm Cà Mau
Từ tháng 11/2001 - năm 2007.

Mr.

BÙI MINH TIẾN

Giám đốc Công ty TNHH MTV
Phân bón Dầu khí Cà Mau
Từ tháng 12/2013 - 01/2015

Tổng giám đốc Công ty Cổ phần
Phân bón Dầu khí Cà Mau
Từ tháng 01/2015 - 06/2018

Mr.

VĂN TIẾN THANH

Phó Trưởng ban Quản lý Dự án
Cụm Khí - Điện - Đạm Cà Mau
Từ 2008 - 2011

Tổng giám đốc Công ty Cổ phần
Phân bón Dầu khí Cà Mau
Từ tháng 06/2018 - đến nay

Mr.

TRẦN NGỌC NGUYÊN

Chủ tịch HĐQT Công ty Cổ phần
Phân bón Dầu khí Cà Mau
Từ tháng 01/2019 - đến nay

BUSINESS LINES

In 2020, the Plant maintained production at 110% of capacity and achieved a record of converted-to-urea output for the first time in its 9-year journey, Ca Mau Fertilizer reached 934.77 thousand tons, reaching 104 % of the plan and finished nearly 51 days ahead of schedule.

Established on March 9, 2011, PVCFC is an enterprise specialized in the field of agriculture with the mission to serve millions of farmers with highly nutritious fertilizers suitable for various crops and soils. Applying technological achievements on the basis of the petrochemical industry helps PVCFC improve business efficiency and contributes to changing the face of the country's agricultural economy towards sustainable green development.
Ca Mau Fertilizer Plant always operates safely and stably at the expected capacity and produces quality and fully consumable products. The main product of granular urea with a capacity of 800,000 tons/year brings the biggest revenue and profit to the company.

To be compatible with the trend of the times, Ca Mau Fertilizer has focused on the research and production of micro-nutrient fertilizers and launched organic fertilizers suitable for various crops.
With nutritional fertilizers including: N46.Plus, N.Humate+TE, Urea Bio and NPK fertilizer line produced with modern technology launched in 2021, Ca Mau Fertilizer has been meeting various needs of farmers in all regions, further increased revenue and contributed to Vietnam's agriculture.
The continuous increase in revenue year by year has shown all the efforts and effective business strategies of Ca Mau Fertilizer. The company applies a strategy that maximizes the benefits of the entire staff, customers, shareholders and partners.