COMMENCEMENT OF H3PO4 TANK AT PHU MY FERTILIZER – PTSC CONTINUES TO CONFIRM POSITION AS THE LEADING INDUSTRIAL GENERAL CONTRACTOR IN VIETNAM
#PTSC #PVFCCo #DamPhuMy #NPK #H3PO4 #PhanBonPhuMy #PetroVietnam #CongNgheDauKhi #HoaChat #DauKhiVietNam #TimKiemTop #KinhTeVietNam

Can just one acid tank help the entire Phu My Fertilizer complex optimize hundreds of thousands of tons of fertilizer each year and create trillions of dong in value?

On March 6, 2026, PetroVietnam Technical Services Joint Stock Corporation and PetroVietnam Fertilizer and Chemicals Corporation officially started the H3PO4 Phosphoric Acid tank investment project at the NPK workshop of Phu My Fertilizer Plant. This is an important infrastructure project to improve raw material storage capacity, optimize operations and increase stability for Phu My's entire fertilizer production chain.

This event continues to affirm PTSC's outstanding capacity in the field of onshore industrial EPC, in addition to its traditional strength in offshore oil and gas.

Why is this project especially important?

Phosphoric Acid H3PO4 is the core raw material in the production of high quality NPK fertilizer. When storage capacity is upgraded, the factory can:

1. Proactively source raw materials in all market conditions
2. Reduce the risk of production interruption
3. Optimize import planning
4. Lower logistics and inventory costs
5. Improve overall performance

In the fertilizer industry, just a few hours of unplanned downtime can save billions of dong in operating costs.

Scale of Phu My Fertilizer Complex

Category Scale
The area of the entire area is 63 hectares
Urea capacity is 800,000 tons/year
NPK workshop area More than 6 hectares
NPK capacity 250,000 tons/year
Year of urea operation 2004
Year of NPK operation 2018

Phu My Fertilizer Plant is one of the most important chemical and fertilizer complexes in Vietnam, playing a key role in ensuring fertilizer supply for agriculture.

Estimated economic impact

Indicator Meaning
Increase production stability Reduce the risk of material shortage
Optimize inventory Be proactive when raw material prices fluctuate
Reduce operating costs Increase profit margins
Increase repentance