Upkeeping the leading role in manufacturing lubricants and petrochemical products in Vietnam, continuously researching on diversification of high-quality products, and applying advanced technology are the key tasks of PLC.
PLC has made every effort to gradually grab the highly competitive domestic market of lubricants and petrochemical products of various international brands. Asphalt and chemical products are also counted in PLC’s outstanding advantages and listed in Petrolimex products diversification strategy. This group of products has been taking a remarkable market share of domestic consumption, accounting to more than 2,000 billion VND in the year 2010...
Starting with the fact that 100% of lubricant products was imported, Petrolimex Petrochemical Joint Stock Company (PLC), now owning two lubricants factories with a blending capacity of 25,000 tons per year each, accounting for 20% market share. In 2010, total revenue reached 1,767 billion VND, up 35% in comparison with 2009, export revenue at 279 billion VND, and pre-tax benefit at 279 billion VND.
PLC products are exported to countries like Laos, Cambodia, China, Hongkong, Taiwan and the Philippines… Since 2004, Japanese Automobile Standards Organization has certified two PLC motorbike lubricants named Racer SJ and Racer SG by standard code JASO T903: MA. PLC has also applied advanced blending technology, developed the standard management system under national code 9001: 2000 and a system of qualified laboratories compatible with international code ISO/IEC 17025:2001.
PLC’s Total Revenue over 4,000 billion VND
Petrolimex Petrochemical Joint Stock Company:http://www.plc.petrolimex.com.vn