Summary
- Duc Giang Chemicals is a leading enterprise in Vietnam’s chemical industry, especially with products from apatite ores. DGC’s main business supplies phosphorus-containing products, which are essential ingredients in many industries. - DGC holds an outstanding technology that can process deeply in the value chain from apatite ores to end products. The Company is the only entity in Vietnam that can produce some high-value products in the niche market such as biocides Chloramine B and DAP fertilizer from ores. - The Company is preparing to launch the Duc Giang Nghi Son Chemical in 1Q21 (expected to test running in 1Q21). The project has great potential thanks to: 1) it participates in deeper processing of high-value-added products from raw material of yellow phosphorus and 2) their products are essential raw materials for other industries, of which Vietnam currently have to import 100%
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