An Phat Holdings to be honored with Vietnam Gold Star Award

On 14th February 2022, the Organizing Board of the Vietnam Gold Star Award announced that An Phat Holdings had won this prestigious award granted by the Vietnam Youth Federation Central Committee and  Viet Nam Young Entrepreneurs’ Association.

The Vietnam Gold Star Award 2021 attracted the participation of hundreds of businesses in many different industries. An Phat Holdings excellently fulfilled strict criteria in terms of revenue, profit, product competitiveness, social contribution activities, etc. to enter the Top 100 typical enterprises of the award.

 

This is the fifth time An Phat Holdings and its subsidiaries is honored with this award. Along with other major awards such as the National Quality Award, the Asia Pacific Enterprise Awards (APEA), the ASEAN Business Award (ABA), etc. the Vietnam Gold Star Award is conclusive proof of our efforts to become a leading eco-friendly and high-tech plastic enterprise in Southeast Asia. This is also an affirmation of the prestige and brand of An Phat Holdings in the domestic and international markets.

An Phat Holdings officially organized Ground Breaking Ceremony for the largest green materials factory in Southeast Asia

Today, An Phat Holdings officially organized Ground Breaking Ceremony for PBAT Compostable Resin Plant. A The Ceremony was attended by Mr. Vuong Dinh Hue –  Chairman of National, Head of the delegation; Mr. Bui Van Cuong – Secretary-General of National Assembly, Chairman of National Assembly’s Office; Mr. Vu Hong Thanh – Chairman of National Assembly Committee on Economy;  Mr. Nguyen Phu Cuong – Chairman of National Assembly Committee on Finance and Budget; Mr. Le Quang Huy – Chairman of National Assembly Committee on Science, Technology and Environment; Mr. Vu Hai Ha – Chairman of National Assembly Committee on Foreign Affairs; Mr. Nguyen Chi Dung – Minister of Ministry of Planning and Investment;  Mr. Tran Hong Ha – Minister of Ministry of Natural Resources and Environment; Mr. Nguyen Hong Dien – Minister of Ministry of Industry and Trade; Mr. Huynh Thanh Dat – Minister of Ministry of Science and Technology; Mr. Vo Thanh Hung – Deputy Minister of Ministry of Finance; Mr. Truong Hai Long – Deputy Minister of Ministry of Home Affairs; With assistants and secretaries of the Chairman of the National Assembly; the leaders of the Offices of the National Assembly.

On the local side, there were the attendance of Mr. Tran Luu Quang – Secretary of the City Party Committee -Head of the Hai Phong City National Assembly Delegation; Mr. Pham Xuan Thang – Secretary of the Provincial Party Committee, Chairman of the People’s Council of Hai Duong province; Mr. Ngo Hanh Phuc – Vice Chairman of Yen Bai Provincial People’s Committee; and Vice Chairman of People’s Council, City People’s Committee and relevant departments, branches in Hai Phong city with the participation of more than 100 partners, customers of An Phat Holdings as well as central and local press agencies.

Chairman of the National Assembly of the Socialist Republic of Vietnam Mr. Vuong Dinh Hue with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button.
Chairman of the National Assembly of the Socialist Republic of Vietnam Mr. Vuong Dinh Hue with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button.

PBAT Compostable Resin Plant is the first green material factory in Southeast Asia, at the list of high-tech investment priority projects, located in Nam Dinh Vu Industrial Park (Hai Phong) with a capacity of 30,000 tons per annum, will be completed after 24 months. The total investment is 120 million USD, the factory will respond 100% An Phat Holdings material need, beyond to the goal of international export when operating. With the modern investment in technology and machinery, PBAT’s operating efficiency is highly optimized with an average operating time of 8,400 hours, equivalent to 350 days/year. The factory also achieves high automation, which is expected to create jobs for about 200 high-quality workers.

At the ceremony, Mr. Pham Anh Duong – Chairman of An Phat Holdings said, the project is the best and most reasonable solution to An Phat Holdings’ material source: being independence in terms of raw materials supply, reducing price to get closer to consumers and moving towards to replacing traditional plastic products.

“An Phat Holdings will represent Vietnam in putting its name on the global map of green materials and become a pioneer in implementing Vietnam’s commitment to achieve Net Zero emissions by 2050”, Mr. Duong said.

Mr. Pham Anh Duong – Chairman of An Phat Holdings spoke at the ceremony
Mr. Pham Anh Duong – Chairman of An Phat Holdings spoke at the ceremony

Currently, An Phat Holdings has received the transfer design of factory process and technology from Technip Zimmer – the world’s leading supplier of technology design and solutions for large-scale industrial plants and complicated. Therefore, PBAT Compostable Resin Plant has outstanding quality, self – contained standards and the most modern production line.

Through this project, An Phat Holdings Group will complete the green circular ecosystem, become the first Vietnamese enterprise to produce bio-degradable plastic materials/products, officially participate in the world green material network. The price of green products will decrease by 20%~30% when the PBAT factory operate.

At the ceremony, Mr. Le Anh Quan – Permanent Vice Chairman of Hai Phong city People’s Committee shared the success in socio-economic development in Hai Phong city. At the same times, Mr. Quan also highly appreciated the role of PBAT plant in the process of contributing to the economic development of the city, especially to promoting the production of zero emissions, no greenhouse effect.

Mr. Le Anh Quan – Permanent Vice Chairman of Hai Phong city People’s Committee highly appreciated the role of PBAT plant in the process of contributing to the economic development of the city, especially to promoting the production of zero emissions, no greenhouse effect
Mr. Le Anh Quan – Permanent Vice Chairman of Hai Phong city People’s Committee highly appreciated the role of PBAT plant in the process of contributing to the economic development of the city, especially to promoting the production of zero emissions, no greenhouse effect

Also at the ceremony, Chairman of the National Assembly of the Socialist Republic of Vietnam Mr. Vuong Dinh Hue with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button, officially open the construction phase of the factory. This moment is also the foundation for An Phat Holdings to expand more projects to global green products and materials.

Some other activities:

The song “Bến cảng quê hương tôi” performed by singer Le Man
The song “Bến cảng quê hương tôi” performed by singer Le Man
Dance troupe performed at the ceremony
Dance troupe performed at the ceremony
Chairman of the National Assembly of the Socialist Republic of Vietnam Mr. Vuong Dinh Hue with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button.
Chairman of the National Assembly of the Socialist Republic of Vietnam Mr. Vuong Dinh Hue with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button.

Global bioplastics production will more than triple within the next five years

At the 16th EUBP Conference, taking place on 30 November and 1 December in Berlin, European Bioplastics presented a very positive outlook for the global bioplastics industry. Production is set to more than triple over the next five years according to market data which was compiled in cooperation with the nova-Institute (Hürth, Germany).

“The importance of a more than 200 percent growth rate within the next five years cannot be overstated. Before 2026, the share of bioplastics in the total global production of plastics will pass the two percent mark for the first time. Our formula of success is a strong belief in the abilities of our industry, the aspiration for continuous innovation, and the courage to make the necessary financial investments”, explained François de Bie, Chairman of European Bioplastics.

The global bioplastics production capacity is set to increase significantly from around 2.4 million tonnes in 2021 to 7.5 million tonnes in 2026. Biodegradable PBAT (polybutylene adipate terephthalate), the production of which will almost quadruple, but also PBS (polybutylene succinate) and bio-based PAs (polyamides) are the main drivers of this impressive growth. The production of polylactic acid (PLA) will also continue to grow due to further investments in PLA production sites in Asia, the US, and in Europe. Production capacities of bio-based polyolefins, such as PE (polyethylene) and PP (polypropylene), increased as well.

Biodegradable plastics, including PBAT, PLA, and polybutylene succinate (PBS) currently account for slightly over 64 percent (1.5 million tonnes) of the global bioplastics production capacities. Bio-based, non-biodegradable plastics, including the drop-in solutions bio-based PE and bio-based PET (polyethylene terephthalate), as well as bio-based PA (polyamides), make up for almost 36 percent (0.8 million tonnes).

Packaging remains the largest field of application for bioplastics with almost 48 percent (1.2 million tonnes) of the total bioplastics market in 2021. The data also confirms that bioplastics materials are already being used in many other sectors, and the portfolio of application continues to diversify. Segments, such as consumer goods, fibre or agriculture and horticulture products, continue to increase moderately in their relative share.

With a view to regional capacity development, Asia further strengthened its position as major production hub with almost 50 percent of bioplastics currently being produced in the region. Presently, almost a fourth of the production capacity is still located in Europe. However, Europe’s share and the share of other world regions will significantly decrease within the next five years. In contrast, Asia is predicted to have passed the 70 percent by 2026. “We will see an impressive increase in bioplastics production over the next years. This also requires the expansion of production facilities. This way, our industry will be able to respond to the growing demand for bioplastics. As last year, also this year we have seen the announcement of additional production sites”, said Hasso von Pogrell, Managing Director of European Bioplastics.

The land used to grow the renewable feedstock for the production of bioplastics is estimated to be 0.7 million hectares in 2021 and continues to account for only just over 0.01 percent of the global agricultural area of 5 billion hectares. Along the estimated growth of global bioplastics production in the next five years, the land use share for bioplastics will increase to still below 0.06 percent. “In relation to the available agricultural area, this share is still minimal. Thus, there is no competition between the renewable feedstock for food and feed and the production of bioplastics” said von Pogrell, “Over 90 percent of the global agricultural area is used for pasture, feed and food.”

(Source: www.european-bioplastics.org)

Year – end ceremony 2021 of An Phat Holdings, ready for a new phase

On January 18th, 2022, An Phat Holdings (APH) successfully organized the 2021 Year-end Ceremony and started implementing the plan of 2022 at An Phat Bioplastics factory in Hai Duong city. The ceremony aims to evaluate the Group’s and its subsidiaries’ production and business activities for the year and announce the implementation of 2022 plans – This is a historical milestone marking the 20th anniversary of An Phat Holdings’ establishment.

 Ceremony Overview
Ceremony Overview

The ceremony was attended the Board of Directors of An Phat Holdings and the entire Board of Directors of its subsidiaries. Year-end ceremony ensured compliance with 5K principles of health’s safety for all attending Board of Directors.

In general, 2021 was a year with many challenges and many ups and downs for Vietnamese enterprises as well as An Phat Holdings. The influence from Covid-19 pandemic, the problem of increasing sea freight rates, difficult transportation process as well as the fluctuation of materials pricing… have affected the business and production situation of many companies. However, this is also the year affirming the stability and position of An Phat Holdings thanks to the efforts of the Board of Directors and all employees.

An Phat Holdings have pointed the list of works achieved and not achieved according to the plan in the production activities and implementation of key projects in 2021, besides, the company saw a outstanding increase in revenue and profit that came from packaging production, engineering plastics & Building material plastics, trade and logistics field.

Moreover, An Phat Holdings and its subsidiaries have achieved a lot of prestigious rewards including Top 500 Largest Enterprises in Vietnam in 2021, Top 100 Largest Private Companies in Vietnam in 2021, Top 500 Most Profitable Enterprises 2021, Reliable Exporters, Top 10 mid-cap listed companies having most outstanding Annual Report in 2021, etc…

The company also emphasized a few important activities of last year for example the collaboration with Actis – British Investment Fund in the field of industrial real estate, the growth in export activities to the potential markets such as The United States, Europe… More important, the Board of Directors congratulated, awarded certificates and presented awards to 4 subsidiaries that had the best achievements in production and business activities in 2021: An Thanh Bicsol JSC., An Phat Bioplastics JSC., An Vinh Packaging Plastic JSC. and An Cuong Hi-Tech Building Materials JSC.

Also at the ceremony, the Board of Directors announced and implemented plans as well as potential projects, making them ready for new opportunities in 2022, especially An Phat PBAT Manufacturing Plant. To the key business, An Phat Holdings focuses on expanding export and consumption markets for technical and domestic plastic products, furniture, biodegradable products and materials, packaging… to Europe; investing and developing in industrial real estate, especially An Phat 1 Industrial Park Project. In parallel with this, An Phat Holdings will optimally deploy activities to increase production and business, develop markets and “flexibly adapt activities” when the pandemic still is complicated.

At the end of ceremony, the Board of Directors of An Phat Holdings and the Board of Directors of subsidiaries express the determination to complete the 2022 plan, attend to build action strategies, thereby creating a stepping stone for the company development in the next years.

Some activities at the ceremony:

Mr. Dinh Xuan Cuong – Vice Chairman, General Director of An Phat Holdings spoke at the ceremony
Mr. Dinh Xuan Cuong – Vice Chairman, General Director of An Phat Holdings spoke at the ceremony

 

The Board of Directors of An Phat Holdings and the Board of Directors of subsidiaries express the determination to complete the 2022 plan
The Board of Directors of An Phat Holdings and the Board of Directors of subsidiaries express the determination to complete the 2022 plan

 

Mr. Nguyen Le Trung - Vice Chairman of An Phat Holdings (right) and Mr. Dinh Xuan Cuong – Vice Chairman, General Director of An Phat Holdings (left) gave flower and presented awards to An Thanh Bicsol – the best subsidiary in business activities in 2021
Mr. Nguyen Le Trung – Vice Chairman of An Phat Holdings (right) and Mr. Dinh Xuan Cuong – Vice Chairman, General Director of An Phat Holdings (left) gave flower and presented awards to An Thanh Bicsol – the best subsidiary in business activities in 2021

 

The Board of Directors of An Phat Holdings presented awards to An Phat Bioplastics JSC. – the 2nd subsidiary in business activities in 2021
The Board of Directors of An Phat Holdings presented awards to An Phat Bioplastics JSC. – the 2nd subsidiary in business activities in 2021

 

An Vinh Packaging Plastic JSC. and An Cuong Hi-Tech Building Materials JSC. also received awards
An Vinh Packaging Plastic JSC. and An Cuong Hi-Tech Building Materials JSC. also received awards

 

The Board of Directors of An Phat Holdings and employees took souvenir photos
The Board of Directors of An Phat Holdings and employees took souvenir photos

European bioeconomy robust as bio-based industry turnover jumps to 780 billion EUR

The bio-based industries continue their ascent marking a total contribution of 780 billion EUR, a notable increase of 30 billion EUR (+ 4%) compared to 2017. This represents a more than 20% increase compared to 2008 which is the earliest data taken into account in this series of reports by nova-Institute.

The first report of the series was first commissioned by the Bio-based Industries Consortium (BIC) in 2017. Figures for the bio-based chemical industry (including plastics) alone reveal a turnover of around 54 billion EUR with the bio-based share relatively stable at around 15%, up from 7.5% in 2008.

The analysis of the 2018 Eurostat data shows that the turnover of the total bioeconomy, including food and beverages and the primary sectors of agriculture and forestry, amounts to just over 2.4 trillion EUR in the EU-27 and the United Kingdom, an increase of around 25%. The food and beverage sector accounts for about half of the turnover, the bio-based industries, such as chemicals and plastics, pharmaceuticals, paper and paper products, forest-based industries, textiles, biofuels and bioenergy account for roughly 30%, while almost another 20% are generated by the primary sectors of agriculture and forestry.

In contrast to the rising turnover figures, employment in the European bioeconomy has declined slightly from 18.5 million people in 2017 to a total of 18.4 million people in 2018, largely due to efficiency increases in production. The primary biomass production, mainly agriculture, provides a majority of the entire employment (54%) but a comparatively low turnover (20%).

The data also demonstrates clear differences between groups of Member States. For example, the Central and Eastern European countries of Poland, Romania and Bulgaria are more represented in the lower value-added sectors of the bio-based economy, which create many jobs. This indicates a strong agricultural sector that tends to be labour-intensive compared to the high value-added sectors. In comparison, Western and Northern European countries generate much higher turnover relative to employment, indicating a larger share of refining and value-added industries. The countries with the highest turnover-to-employment ratios are Finland, Belgium and Sweden.

The full report can be downloaded free of charge: http://www.renewable-carbon.eu/publications/product/european-bioeconomy-in-figures-2008-2018-pdf/

Source: bioplasticsmagazine