PetroVietnam Ca Mau Fertiliser Joint Stock Company (PVCFC) reported its urea fertiliser volume reaching 157,000 tonnes, exceeding 17 per cent of its plan.
The Ca Mau NPK fertiliser manufacturing plant with a capacity of 300,000 tonnes per year is expected to become operational in the second quarter of the year, according to PetroVietnam Ca Mau Fertiliser Joint Stock Company (PVCFC).
PetroVietnam is laying out plans to divest capital from the two biggest Vietnamese fertiliser companies – PetroVietnam Fertiliser & Chemicals Corp (DPM) and PetroVietnam Ca Mau Fertiliser Joint Stock Company (DCM) – to submit to authorities for consideration.