On the 7th day of February (i.e. the 7th day of Lunar New Year), Ca Mau Petroleum Fertilizer Joint Stock Company (PVCFC, HOSE: DCM) was bustled atmosphere with working, sales and giving lucky money in the beginning of the year. With an export capacity of 3,000 tons per day, Ca Mau Fertilizer Plant is operating at its maximum capacity, exporting orders regularly even during the Holidays of “Water Tiger Year”; and also ensure an adequacy, quality and quickness of supply with fertilizer to the next Summer-Autumn Crops.


Accordingly, the Company officially started working from the 7th day of February (ie the 7th day of Lunar Tet of Water Tiger Year). Previously, during the Tet holidays, the operation of Ca Mau Fertilizer Plant has remained to take place continuously and on schedule. PVCFC has proactively arranged full human resources, from the Leadership to the officers, administrative, operational and technological staffs of the divisions and factories to coordinate in planning, participating in continuous operation, ensuring production safety.


On the occasion of the Lunar New Year (Tet), the Leadership of the Company in turn divided into many delegations to visit staffs and wish them Happy New Lunar Year and lucky money in the beginning of the year, and also encourage the staffs who are on duty during the Tet holidays to ensure a “Going Concern”. In the first New Year meeting, Mr. Van Tien Thanh, General Director sent New Year wishes of good health and properties to all employees of the Company and wishing the Company new grasps and reaps more success, entrust with the Company’s sustainable development in the new spring of 2022.


It is forecasted that in 2022, the fertilizer industry in general and PVCFC in particular would face many difficulties and challenges such as remaining high rates of oil and gas prices; global inflation; El Nino weather, falling agricultural product prices causing adversely impact upon the farmers’ cultivating psychology, etc. in addition, PVCFC would have favorable conditions for development: the epidemic status expected to be soon controlled, fertilizer prices forecasted to continue to remain at the high rates, committed to fully provide with gas to the Ca Mau Fertilizer Plant from the Vietnam National Oil and Gas Group, etc.

In 2022, based on the forecast of challenges and opportunities, PVCFC has set a target of operating plan with production output of more than 860 thousand tons of equivalent urea, 80 thousand tons of NPK, at a total revenue of VND 9,017 billion, pre-tax profit of VND 542 billion, and after-tax profit of VND 512 billion. As planned, on the 3rd day of the Lunar New Year, the Company started to export the first shipment, regularly exporting 3,000 tons to the markets every day. Vehicles continuously receive goods and move to the market regions, ensure the supply of fertilizer good in quality, safety and quickness serving farmers for the Summer-Autumn Crop production. PVCFC expects to supply with about 230,000 - 250,000 tons of fertilizer to the markets, satisfying the demands from farmers in the southern provinces. 


Over 10 years of the operating date, PVCFC has been affirming its mission, role and position in the field of fertilizers, contributing to maintaining food security and socio-economic development in the Southernmost Region in particular and the Country in general. That is a firm foundation for PVCFC to enter the New Year 2022 together with farmers to achieve more honorable achievements. All Dat Mui Oil and Gas employees are consent and work together to operate the plant in stable, continuous, safe and effective manners with wishes to farmers nationwide on the occasion of the Lunar New Year with a successful golden harvest.