At the end of October, nearly 5,000 employees of An Phat Holdings (APH) actively participated in support activities towards flooded people in Trieu Trung commune, Trieu Phong district, Quang Tri province. APH donated 3 tons of goods including rice, instant noodles, instant porridge, seeds, other essentials things to thousands of households in Trieu Trung commune.
24
Oct
Oct
- For the first time, an enterprise in the plastic industry – An Phat Holdings won the Corporate Excellence Award at the Asia Pacific Enterprise Awards (APEA) 2020.
On October 23rd, the official Asia Pacific Enterprise Award 2020 (APEA) ceremony took place in Ho Chi Minh City. An Phat Holdings was honored with the Corporate Excellence Award at the Asia – Pacific.
The APEA Award organized by Enterprise Asia is considered the leading prestigious award in the Asia Pacific region. APEA is held annually in major countries in the region such as Singapore, India, and China with a view to honouring the leading corporate figures and organisations.
The International Advisory Council of Enterprise Asia (organizer of APEA) praised APH’s operations, production and development achievements in recent times. From a small business, APH has become the leading manufacturer and exporter of thin monolayer film in Southeast Asia. The enterprise is on the way to becoming the biggest bioplastics group in the region, owning a huge customer network in nearly 70 countries and territories around the world.
After nearly 20 years of development, APH has built a synchronous, closed ecosystem of 15 member companies operating in many fields such as: compostable materials and finished products; packaging; engineering plastics and SPC flooring; raw materials and chemicals for the plastics industry; precision engineering and molding; industrial real estate.
In particular, APH’s anticipation of green consumption compostable materials and eco-friendly products was also praised by the council.
In the coming time, APH will continue to promote its green products and materials, build the first and largest compostable material factory in Vietnam with a capacity of 20,000 tons per year, and serve domestic consumption and export needs.
Attending the ceremony with associates and partners, Mr. Dinh Xuan Cuong – vice chairman, CEO of APH said: “On behalf of An Phat Holdings, I am honored to receive Corporate Excellence Award from Enterprise Asia.This is a great honor because An Phat Holdings is the first enterprise in the plastic – chemical industry to receive this award. We will make more efforts to bring values to the community, society and environment. I would like to thank all the partners and customers of An Phat Holdings in Vietnam and in nearly 70 countries around the world for accompanying us during the past time. Certainly, An Phat Holdings will achieve more and more success”.
The leading Asia Pacific Enterprise Awards is organized by Enterprise Asia. It is held annually in many countries and territories, including Hong Kong, Singapore, India, mainland China… to recognize outstanding entrepreneurs and organizations for their entrepreneurial excellence.
APEA has strict entry criteria, highly competitive evaluation parameters and a rigorous rating and voting process that honors outstanding individuals and business organizations. The organization’s activities are also an opportunity to connect Asia’s leading entrepreneurs and businesses to innovation, create opportunities for exchange, sharing and cooperation in the region.
To win this award, candidates must pass many rounds of assessment including financial audits, corporate data assessment and leadership for many years, in-person interviews at headquarters and secret voting by the association. In addition, candidates need to demonstrate business skills, experience, and a commitment to standards in sustainable business.
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An Phat Holdings (APH) is one of the leading groups operating in the field of high-tech and eco-friendly plastic production in Southeast Asia. Over the past two decades, it has become the number one thin monolayer film producer in Southeast Asia with 15 member companies throughout Vietnam and branches in the United States, Singapore, South Korea and France etc. Out of 15 member companies, APH currently owns four listed enterprises: An Phat Holdings (ticker code as APH), An Phat Bioplastics JSC (AAA), Hanoi Plastics JSC (NHH), and An Tien Industries JSC (HII). With many companies in the plastic ecosystem, APH has affirmed brand name, prestige and position in overseas markets like Europe, America, United Arab Emirates, Japan, Korea, Singapore, Taiwan, the Philippines… An Phat Holdings is currently one of the largest manufacturers and exporters of thin monolayer film in Southeast Asia. APH has also partnered with many multinational companies including Honda, Toyota, Samsung, Piaggio, LG Electronics… Furthermore, the enterprise has affirmed its position as a reputable exporter for items such as plastic additives, high-tech interior plastics products… APH has also expanded and invested into industrial real estate. In particular, An Phat Holdings is the first enterprise in Vietnam, and one of the few enterprises in the world to successfully produce compostable materials and products AnEco up to international standards. APH also plans to build the first and largest green material factory in Vietnam to serve the needs of domestic and foreign production and export of raw materials and green products. |
01
Oct
Oct
“Those days were tough, the road to the industrial park was not completed yet so we had to make the way on our own. Sometimes, there would be heavy rain and we would be isolated with the power outage, water loss…,” little would know it was the beginning of An Tien Industries JSC (formerly known as An Phat Yen Bai Plastic and Minerals JSC).
October 1, 2009 marked an important milestone when An Tien Industries was officially established in the Yen Bai. Here, the highest quality of calcium carbonate in Vietnam is founded and exported to many countries across the globe.
From the first core staff in Yen Bai, the company has quickly developed a workforce with more than 250 employees working in Yen Bai, Hanoi, Hai Duong and expand the market. With the determination to become a leading plastic additives manufacturer in Vietnam, An Tien Industries has constantly improved and innovated to build a strong brand and bring Vietnamese products to the world. In 2017, An Tien Industries was officially listed on the Ho Chi Minh City stock exchange (HOSE), Vietnam’s largest Stock Exchange with ticker symbol HII, marking a new beginning when An Tien Industries became a public company.
The year 2020 is also a year full of challenges for Vietnam and many economies the world when Covid-19 has occurred globally, making a great impact on the import and export activities of countries. In the context that many countries were affected by the complicated developments of the Covid 19 epidemic, HII has taken a series of measures to adapt to the general situation and drastically rotate the business axis, overcoming the challenge of Covid-19 to achieve remarkable successes.
Surpassing many challenges, today An Tien Industries celebrates its 11th birthday with many achievements such as being selected as Reliable Exporters by the Ministry of Industry and Trade, Top 500 fastest growing enterprises in Vietnam … At present, An Tien Industries has affirmed its position as the second-largest plastic additives manufacturer in Vietnam with products being exported to more than 50 countries, regions, and territories around the world, the products sold are over 10,000 tons per month.
On the occasion of the 11th anniversary, the Board of Directors of An Tien Industries would like to express our sincere appreciation to our valued customers, partners as well as to the employees who make a great contribution to the success of An Tien Industries.
30
Sep
Sep
An Tien Industries’ proactive response strategies to Covid-19 pandemic has helped the company overcome the challenges and quickly regain its growth momentum and continue to make profits.
28
Sep
Sep
September 27, 2020 marked an important milestone for An Phat Holdings, the 18th anniversary of the Group’s establishment. An eighteen – year journey is long enough for a plastic Group to assert its position well over the market as well as for An Phat Holdings (APH) to lay solid foundation to achieve great goals in the next stage – becoming a leading Group in high-tech and environmentally friendly plastics in Southeast Asia.
From a small business equipped with few machines and nearly a dozen employees, overcoming all hardships, with our diligence, enthusiasm and determination, An Phat Holdings (early known as An Phat BioPlastics JSC) has now been standing firm, strong and gained lots of successes. APH has been making great strides from a small packaging factory towards the No. 1 mono-layer packaging manufacturer in Southeast Asia.
Over 18 years of development, APH has built up a synchronous and comprehensive ecosystem in plastic industry, which consists of 15 member companies operating in different areas including: mono-layer packaging; biodegradable products; raw materials and chemical additives for the plastic industry; high-tech interior plastic products, engineering plastics, molding and precision engineering, industrial real estate, logistics services and trading.
The year 2020 marks an great milestone for the Group not only by accomplishments of business strategies, but also by good news: listing on the Ho Chi Minh Stock Exchange (ticker: APH) and increasing the total the number of listed member companies to four. Especially, after over 2 months of listing, with market capitalization VND 9,900 billion (~ USD 421 million), An Phat Holdings has became the largest plastic listed company in Vietnam.
In addition, the year 2020 also witnessed remarkable achievements of member companies. An Phat Bioplastics JSC (AAA) and An Tien Industries JSC (HII), respectively, awarded “Top 50 efficient companies”, “FAST 500” and “Prestigious exporter”. In particular, the most impressive accomplishment in 2020 is the launch of the project to build the biodegradable factory AnBio in Hai Phong for self-supply of raw materials and production of biodegradable products. The factory is designed with a capacity of 20,000 tons per annum, expecting to be constructed in 2021 and come into operation in 2022.
Despite the Covid-19 epidemic posing great challenges, APH’s member companies have not only fulfilled the 2020 business plan but also made encouraging progresses including expanding export markets of bioproducts from 5 countries in 2019 to 20 countries in 2020, An Phat Complex awarded the Top 10 most profitable industrial real estate company in Vietnam and engineering plastics members acquiring big domestic and international customers in supporting industry, etc…
In the supporting industry, APH is currently a reliable partner of many multinational corporations such as Honda, Toyota, Samsung, Piaggio, LG Electronics … APH is continuing to strive to become a 1st vendor for giant groups in the near future.
In particular, taking chance of production shifting to Vietnam, APH also boosts investment in the industrial real estate sector. In addition to An Phat Complex, APH invests in 180ha- Quoc Tuan An Binh as a new Industrial Park. The Group expected to clear the site by the end of 2020 and will go into commercial operation in 2021.
28
Aug
Aug
Vietnam Ministry of Industry and Trade just announced the list of “Reliable Exporters” in 2019, on the basis of voting and recommendation of the concerned agencies. Accordingly, An Tien Industries (Ticker symbol: HII) was honored to be voted as a reliable Vietnamese exporter, making great contributions to the export growth of the country. Moreover, among the 10 plastic enterprises announced in the list, two members of An Phat Holdings: An Phat Bioplastics and An Tien Industries won awards.
28
Jul
Jul
Ho Chi Minh City, July 28th, 2020 – Ho Chi Minh Stock Exchange (HoSE) announced and presented its decision on An Phat Holding’s official listing, and welcomed the first trading day of An Phat Holdings’ shares (Ticker Symbol: APH). Attending and witnessing the gong ceremony of the first session were the leadership of An Phat Holdings, Mr. Pham Hoang Viet – Vice Chairman, Mr. Nguyen Le Trung – Vice Chairman, Mr. Dinh Xuan Cuong – Vice Chairman, Chief Executive Officer of APH and representatives of Ho Chi Minh City Stock Exchange.
At the ceremony, representatives of Ho Chi Minh Stock Exchange awarded the decision to list and congratulate on the first trading session of APH stock.
With the opening price of VND 41,500 per share, price range +/- 20% on the first trading date, APH shares hit the ceiling price of VND 49,800 per share after ATO. Trading volume reached nearly 225,000 shares today. After the first trading session, APH’s market cap reached VND 6,600 billion, equivalent to nearly USD 281 million, becoming stock of the plastic industry that has the largest cap in Vietnamese securities market.
The certain price has been reflected in the previous IPO, which successfully auctioned 4.3 million APH shares with the average bidding price of VND 50,018 per share on June 22, 2020. According to the representative of An Phat Holdings, investors placed their confidence in the potential of APH’s green products with market expansion both at home and abroad. As a result, investors paid a much higher price than the starting price at the IPO as well as after officially listing shares on HoSE.
Speaking at the ceremony, Mr. Dinh Xuan Cuong – Vice Chairman, Chief Executive Officer said: “This is an important milestone, marking the new journey of An Phat Holdings in becoming a listed company, a member of Ho Chi Minh City Stock Exchange. In 2020, An Phat Holdings aims to focus on compostable products. Therefore, having raw materials self-supply for production, the most important determinant of product cost, is a top priority. And we solved this problem by IPO to mobilise capital for the construction of the first compostable material manufacturing plant in Vietnam.”
By listing on HoSE, APH is expected to seize cooperation opportunities to lure investors, bringing potential opportunities for domestic and foreign investors as well as raising capital to build the first compostable material manufacturing plant in Vietnam called AnBio. The project will put APH in the list of one of a few companies that produce compostable materials in the world besides BASF, Novamont, NatureWorks, Total Corbion etc and completely change APH’s position to be a manufacturer and supplier of green materials. At present, APH is the only Vietnamese enterprise that holds the patent for manufacturing compostable materials.
The raw materials self-supply will help APH reduces product costs, expands the market and saves production costs about 30% for subsidiaries while the parent company still enjoys a gross profit margin of 25-30% of this project. APH targets that compostable products will contribute 40 – 50% to packaging revenue by 202. The construction of the plant is expected to start at the beginning of 2021 at Hai Phong, with an 18-month construction period, completed by 2022, with a capacity of 20.000 tons per year.
In the year of 2017, An Phat Holdings was established, marking its transition to holding model from the former company Anh Hai Duy founded in 2002.
Over the past two decades, from the number one thin monolayer film in Southeast Asia with 15 member companies throughout Vietnam and branches in the United States, Singapore, South Korea and France etc. Currently, APH main business line operating in: Compostable materials and finished products; Packaging; Engineering plastics and SPC flooring; Raw material and chemicals for plastics industry; Precision engineering & molding; Industrial real estate.
Also, APH directly owns two listed companies: Hanoi Plastics Joint Stock Company (Ticker symbol: NHH) and An Phat Bioplastics Joint Stock Company (Ticker symbol: AAA), and indirectly own shares of 10 other companies through the two companies listed above.
In 2019, APH’s consolidated revenue and profit after tax is VND 9,513 billion and VND 712 billion respectively, increased 19% and 305% over the same period in 2018. Gross profit reached VND 1,082 billion, soared 60%; gross profit margin improved from 8 to 11% compared to the previous year. Total assets reached nearly VND 10,000 billion. As of July 2020, APH’s earnings per share (EPS) reached VND 3,076.
In 2020, APH set a target for revenue and net profit up to VND 12,000 billion and VND 650 billion respectively. In the long term, APH’s growth driving force will come from compostable products thanks to its compostable material manufacturing plant.
25
Jul
Jul
Today, An Phat Holdings (Ticker Symbol: APH) organized “Roadshow APH: Leading Plastics Group – Pioneering The Green Trend.” Attending the seminar, on behalf of An Phat Holdings, there were Mr. Nguyen Le Trung – Vice Chairman of the Board of Directors; Mr. Dinh Xuan Cuong – Vice Chairman, Chief Executive Officer; Mr. Pham Do Huy Cuong – Member of the Board of Directors, Standing Deputy General Director, Chief Financial Officer; Ms. Nguyen Thi Tien – Member of the Board of Deputy General Director; on behalf of the Ho Chi Minh Stock Exchange, there were Ms. Tran Thi Thuy Linh – Deputy Director of HoSE’s Listing Management and Appraisal Department together with more than 200 investors, domestic and foreign enterprises.
At the Roadshow, An Phat Holdings’ Board of Directors met and discussed with investors to introduce the potential of APH stock as well as sharing information about the business situation, activities and upcoming development plans before officially listing on the Ho Chi Minh Stock Exchange on July 28.
Currently, An Phat Holdings owns three listed companies, namely Hanoi Plastics Joint Stock Company (Ticker symbol: NHH) and An Phat Bioplastics Joint Stock Company (Ticker symbol: AAA) and many other member companies. , An Phat Holdings (APH) has over the past twenty years created a closed business ecosystem that allows the maximum exploitation of available products and services with 15 member companies.
Speaking at Roadshow APH, Mr. Dinh Xuan Cuong – Vice Chairman and Chief Executive Officer of An Phat Holdings said: “In order for APH shares to have high liquidity and transparency, we are now officially listing stocks of An Phat Holdings (Ticker Symbol: APH) on the HoSE – the largest and prestigious stock exchange. Hopefully, listing on HoSE will help us open up the opportunities to mobilise capital and finding great cooperation partners in the coming time.”
Listing stock on HoSE is the first step of An Phat Holdings to mobilise capital for the first compostable material manufacturing plant in Vietnam that will provide sufficient material for both domestic and international market. In addition, thank to the compostable material manufacturing plant, APH will have self-supply in raw materials, save production costs about 30% for subsidiaries while the parent company still enjoys a gross profit margin of 25-30% of this project.
The construction of the plant is expected to start at the beginning of 2021 at Hai Phong, with an 18-month construction period, completed by 2022, with a capacity of 20.000 tons per year. When the plant comes into operation, the profit from compostable products is expected to rise from 10% currently to about 40 – 50% in APH’s packaging revenue.
After Q&A session, investors were answered questions regarding the growth strategy, profit margins of each segment, especially the plan to construct compostable material manufacturing plant. In the context that the demand for bioplastics continues to increase in many industries, the construction of AnBio compostable material plant is determined to be a strategic move, creating a breakthrough development for APH.
In 2019, APH’s consolidated revenue and profit after tax increased impressively at VND 9,513 billion and VND 712 billion, equivalent to 19% and 305% compared to the same period in 2018. The successful IPO auctioned 4,3 million shares, equivalent to 3% of the stake, helped APH raised VND 215.08 billion. After the IPO, the company was valued at over VND 6,600 billion.
In 2020, APH plans to issue 20 million new shares, equivalent to 14% of the outstanding shares. APH also targets revenue and net profit of VND 12 trillion and VND 650 billion. In the long term, APH’s driving force will come from compostable products by investing in the construction of the plant. The total capital needed for AnBio compostable material manufacturing plant is over USD70 million. The company seeks to raise about 80% of the needed capital in 2020 while the remaining 20% will be raised next year mainly from commercial loans or straight bonds.
With the expansion of production scale, positive cash flow forecast, transparent information and good credit history, APH looks forward to cooperating with strategic investors in the coming time.
***Contact:
PR DEPARTMENT – AN PHAT HOLDINGS
PR Executive: Le Minh Duc
Email: duclm@anphatholdings.com
Mobile: 096 8325 393
Thanks and Best regards.
17
Jul
Jul
According to an exclusive report of Marketandmarkets which is reposted on Bloomberg, Calcium carbonate (CaCO3) market is forecast to growth rapidly, especially in Asia Pacific region.
Despite the global impact caused by Covid 19 pandemic and many economies continues to grapple with the devastating consequences. The global calcium carbonate market size is projected to reach USD 28,301.8 million by 2024, at a CAGR of 6.0% between 2019 and 2024. According to the report, the attractive opportunity in the calcium carbonate market come from:
Plastic to be the fastest-growing end-use industry of calcium carbonate during the forecast period.
CaCO3 is an indispensable material in the plastic industry. In terms of value, plastic is projected to be the fastest-growing end-use industry of calcium carbonate during the forecast period. This is due to the strong demand of the car industry. Accordingly, the polypropylene reinforced with CaCO3 will help enhance the properties of the plastic, while improving heat dissipation.
The demand for plastic in other industries such as packaging, construction and electronics industries has also increased significantly. These factors promote the explosive growth of global CaCo3 market.
Increasing demand from paper and plastic industries in APAC
Calcium carbonate is a critical raw material for paper and plastics. The economic growth witnessed in the developing countries of APAC has led to an increase in the use of paper packaging. China, India, and South Asian countries are the largest consumers of paper in the region.
Furthermore, the plastic industry in APAC is also growing at a fast rate. The region is witnessing a high demand for plastics for various applications in packaging, automotive, construction, electrical & electronics, and other industries. The increasing use of plastics in these industries for multiple purposes, such as decreasing costs in packaging and construction industries, reducing weight in automotive parts, and as an insulator in electronic products, is driving the demand for calcium carbonate in APAC.
CaCO3 has potential applications
Currently, calcium carbonate is majorly used in the paper, plastic, paints & coatings and adhesives & sealants industries. However, researchers are continuing to discover new applications of this material. Studies are being conducted to implement these nanoparticles in therapeutic applications, including as an antibacterial agent, for gene delivery to target cancer cells, and for cancer drug delivery.
Calcium carbonate-based materials have biodegradable and biocompatible properties, which are ideal as a smart carrier to deliver genes, enzymes, and drugs. Developing compostable products has become an emerging global trend, therefore these factors present various opportunities for the growth of the calcium carbonate market in the future.
In Vietnam, An Tien Industries Joint Stock Company, a subsidiary of An Phat Holdings is the largest plastic additives manufacturer in Vietnam providing Ancal plastic additives, high-quality CaCo3 ultrafine stone powder, etc. With 2 factories capable of producing more than 200.000 tons per year, An Tien Industries’ products has been exporting to more than 62 countries, regions and territories. Recently, An Tien Industries was just ranked Number 1 among Top 500 Fastest Growing Enterprises in Vietnam in 2020.
An Phat Holdings – one of the few enterprises holdings the patent for manufacturing compostable materials and products has started implementing its plan to build AnBio compostable material manufacturing plant. The construction of the plant is expected to start at the beginning of 2021 at Hai Phong, with an 18-month construction period, completed by 2022, with a capacity of 20.000 tons per year and an investment amount of nearly VND 1.500 billion. In the future, An Phat Holdings aim to become the biggest high-tech bioplastic group in South East Asia.
16
Jun
Jun
Hanoi, May 21, 2020, An Tien Industries JSC (Stock Ticker: HII) is honored to be the number 1 among 500 Vietnam’s fastest growing enterprise (FAST500) in 2020, exceeding 4 levels compared to 2019 (5/500).
In 2019, An Tien Industries has outstanding business results, with revenue of 4,632 billion VND, exceeding 54.4% of the year plan.
As an enterprise specializing in manufacturing ANCAL plastic additives and stone powder, after more than a decade of growth and development, An Tien Industries is currently the second largest plastic additives producer in Vietnam, with 2 modern manufacturing plants in Yen Bai Province. An Tien Industries’ products are exported to 62 countries and regions around the world.
By 2020, An Tien Industries plans to achieve VND 3,300 billion of consolidated revenue and VND 60 billion of consolidated profit after tax, increasing by 11% compared to 2019. At the same time, An Tien Industries will keep investing in machinery, production lines, expanding manufacturing activities, focusing on upgrading the production of technical plastic materials (compound) as well as deploying joint ventures to make intermediate and high-end products.
An Tien Industries is a subsidiary of An Phat Holdings – a leading group in manufacturing high-tech and environmental-friendly plastics in Southeast Asia, with more than 4,000 employees. An Phat Holdings is currently the No. 1 Southeast Asian film-packaging manufacturer and exporter. In addition, An Phat Holdings has focused on developing compostable product lines and high-tech plastics for supporting industries.
The FAST500 Awards are ranked based on the research results and evaluation on the Compounded Annual Growth Rate (CAGR) in terms of revenue and business performance. In addition, some other criteria such as total assets, total employees, profit after tax and social medial reputation are also used as a supporting factor to determine the size and position of the enterprise in the industry.