Following the directive of the 8th National Congress of the Communist Party of Vietnam in 1996, Resolution No. 06/1997/QH10 of the 10th National Assembly on “Production of Gas-Electricity-Fertilizer in Ba Ria – Vung Tau,” and the Government’s Decision on “Investment in the construction of a fertilizer plant in Phu My Industrial Zone I, Ba Ria – Vung Tau province” dated March 12, 2001, the Vietnam Oil and Gas Group (now Vietnam Oil and Gas Corporation) launched the construction of the Phu My Fertilizer Plant. With a total investment capital of 445 million USD, utilizing the country’s natural gas resources and modern European technology, the project aimed to produce 450,000 tons of NH3 per year and 740,000 tons of urea fertilizer per year.
With unwavering support from the Party, State, Government, and Ba Ria-Vung Tau province, alongside the dedicated efforts of investors, particularly the Technip-Samsung Consortium, the project advanced steadily for more than 3 years. By early 2004, significant milestones had been achieved, shaping the framework of a cutting-edge facility, and marking Vietnam’s inaugural nitrogen fertilizer plant. After the issuance of Decision No. 02/2003/QD-VPCP on March 28, 2003, by the Minister-Chairman of the Government Office, establishing the PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo), the Board of Directors of Vietnam Oil and Gas Group endorsed Decision No. 897/QD-HDQT on April 21, 2004, formalizing the establishment of Phu My Fertilizer Plant under the purview of PVFCCo, entrusted with the direct responsibility for plant management, operation, and maintenance.
Since its inception, Phu My Fertilizer Plant has consistently fulfilled its responsibilities. Its products have always ensured quality, reaching fields daily, contributing to abundant harvests for farmers nationwide, and extending to international markets. The plant stands as a vivid symbol of the synergy between industry and agriculture, nurturing talent for various sectors within the petroleum and fertilizer-chemical industries of the country.
On the occasion of Phu My Fertilizer Plant’s 20th anniversary, we would like to express our sincere gratitude to the Party, State, Government, Vietnam Oil and Gas Group, predecessors, and generations of PVFCCo’s employees, as well as specifically to Phu My Fertilizer Plant’s team, along with investors, partners, and customers who have always cared for, believed in, and supported PVFCCo and Phu My Fertilizer Plant throughout its two-decade journey!
Phu My Fertilizer Plant – For bountiful harvests!
