An Phat Holdings’ 18th Anniversary – Strive For Growth

26/09/2020

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.