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Top 10 Companies of Bio-based Materials in Vietnam

20/08/24

By:

Trong Nguyen

Bio-based Materials conference

Here’s an overview of the top 10 companies in the bio-based materials sector in Vietnam:


1. An Phat Holdings
Website:
www.anphatholdings.com
Headquarters: Hai Duong, Vietnam
Estimated Revenue (2023): USD 200 million
Employees: Approximately 6,000
Main Business: Production of bio-based and biodegradable plastics, packaging solutions, and bio-based materials for various industries
Key Products: AnEco (biodegradable products), bio-based packaging materials


2. Dai Dong Tien Plastics JSC
Website:
www.daidongtien.com
Headquarters: Ho Chi Minh City, Vietnam
Estimated Revenue (2023): USD 50 million
Employees: Approximately 2,000
Main Business: Manufacturing of plastic products with an increasing focus on bio-based materials and sustainable solutions
Key Products: Bio-based household items, sustainable plastic products


3. Hoa Sen Group
Website:
www.hoasengroup.vn
Headquarters: Ho Chi Minh City, Vietnam
Estimated Revenue (2023): USD 1 billion
Employees: Approximately 9,000
Main Business: Steel and plastics production, with expanding efforts in bio-based materials, particularly in biodegradable plastics
Key Products: Bio-based packaging, construction materials with bio-based components


4. An Tien Industries JSC
Website:
www.antien.vn
Headquarters: Hai Phong, Vietnam
Estimated Revenue (2023): USD 150 million
Employees: Approximately 1,000
Main Business: Production of calcium carbonate filler masterbatches and bio-compound materials for various industries
Key Products: Bio-fillers, biodegradable plastics


5. Viet Phap SHAL Vietnam
Website:
www.vietphapshal.vn
Headquarters: Hanoi, Vietnam
Estimated Revenue (2023): USD 30 million
Employees: Approximately 500
Main Business: Specializes in bio-based chemicals and biodegradable products for the packaging and agricultural sectors
Key Products: Biodegradable mulch films, bio-based agricultural products


6. Binh Minh Plastics JSC
Website:
www.binhminhplastic.com.vn
Headquarters: Ho Chi Minh City, Vietnam
Estimated Revenue (2023): USD 200 million
Employees: Approximately 1,500
Main Business: Production of plastic pipes and fittings with increasing focus on bio-based materials
Key Products: Bio-based plumbing solutions, sustainable plastic pipes


7. Saigon Plastic JSC
Website:
Currently not available
Headquarters: Ho Chi Minh City, Vietnam
Estimated Revenue (2023): USD 40 million
Employees: Approximately 800
Main Business: Manufacturing plastic products, including bio-based and biodegradable options for packaging and consumer goods
Key Products: Bio-based packaging materials, eco-friendly plastic products


8. Dung Hanh Production & Trading Co., Ltd.
Website:
Currently not available
Headquarters: Ho Chi Minh City, Vietnam
Estimated Revenue (2023): USD 25 million
Employees: Approximately 400
Main Business: Focused on producing biodegradable and compostable products from renewable resources
Key Products: Compostable bags, bio-based disposable products


9. Minh Hung Group
Website:
www.minhhungplastic.com
Headquarters: Binh Duong, Vietnam
Estimated Revenue (2023): USD 100 million
Employees: Approximately 1,200
Main Business: Manufacturing a wide range of plastic products, with an expanding portfolio in bio-based materials
Key Products: Bio-based industrial packaging, sustainable plastic products


10. AAA Bioplastics
Website:
Currently not available
Headquarters: Ho Chi Minh City, Vietnam
Estimated Revenue (2023): USD 20 million
Employees: Approximately 300
Main Business: Production of biodegradable plastics and bio-based materials for packaging and consumer goods
Key Products: Biodegradable films, bio-based packaging solutions


These companies are leading the development and growth of bio-based materials in Vietnam, with a strong focus on sustainability, innovation, and meeting the rising demand for eco-friendly products both domestically and internationally.

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