Ca Mau Fertilizer received the transfer from Taekwang Group

On April 1, 2024, in HCMC, Petrol Vietnam Ca Mau Fertilizer Joint Stock Company (PVCFC, Hose: DCM) and Taekwang Group (TKG) officially conducted the signing ceremony of the handover agreement of Korea - Viet Fertilizer Company Limited (KVF). This is one of the important steps for Ca Mau Fertilizer to complete a comprehensive set of nutritional solutions for plants, helping people to develop more sustainably and prosperously.

Attending the signing ceremony, the representative from Taekwang Group is Mr Kim Kwang Chul, General Director of KVF. On the Ca Mau Fertilizer side, there is Mr Van Tien Thanh, the Company's General Director and Members of the Board of Directors, Board of General Directors, Board of Supervisors, leaders of departments/units of the company, and representatives of PVCFC and KVF employees.

Korea - Viet Fertilizer Company Limited (KVF) started construction in July 2016 in HCMC. In December 2017, KVF's Korea-Vietnam NPK Factory officially went into operation with a design capacity of 360,000 tons of NPK/year. The factory has a total investment capital of more than $ 60 million.

Ca Mau Fertilizer has a strategy of diversifying products and distribution channels, promoting export and international business, and focusing on marketing communications on digital platforms has helped the company capture market share in all domestic regional markets.

In particular, in the Southwest region, Ca Mau Fertilizer accounts for 61%, and the Company's products are also present in 20 countries around the world.

Ca Mau Fertilizer currently owns: Ca Mau Fertilizer Plant capable of producing granular urea with a capacity of 800,000 tons/year; Ca Mau NPK factory with a capacity of 300,000 tons/year and the just now completed transfer of the Korean - Vietnamese NPK factory with a capacity of 360,000 tons/year.

Korean-Vietnamese fertilizer is a brand that has been confirmed in product quality and has been trusted by Vietnamese people for many years.

At the Investment Promotion Conference of Binh Dinh Province in 2024, Ca Mau Fertilizer was also awarded an Investment Certificate by the People's Committee of Binh Dinh Province. The company will implement the Ca Mau Fertilizer Factory Project - Binh Dinh Facility with a scale of 3 ha and, an investment capital of VND 120 billion.

The project aims to increase output to serve the national market. The goal of promoting international business exports is also a step forward in 3 strategic prongs: investment, sustainable development and digital transformation that the Company focuses on in 2024.

Along with a set of quality fertilizer products, the Company also creates conditions for people to have closer access to quality fertilizer products at a more reasonable cost. In addition to organizing many activities for thousands of farming households to visit the Ca Mau Fertilizer Plant over the past many years, PVCFC also cooperates with localities to deploy a variety of "High-tech application farming models" and seminars to update new production techniques.

This is a good opportunity to help people witness and experience the results of farming when using quality fertilizers, accessing methodical farming techniques with the correct dosage, helps farmers save costs, increase productivity and cultivate sustainably.

On the journey of the past 13 years, Ca Mau Fertilizer has always maintained its mission of "Comprehensive nurturer" for plants.

In 2024, it is forecast that the economy will still have many challenges, Ca Mau Fertilizer with the spirit of constant innovation, flexibility and adaptation with continuous efforts will help Vietnamese farmers create more sustainable and prosperous values.