Plastic Additives JSC

Plastic Additives JSC

HHNX:PGN
6,000.00
VND
-200.00
(-3.23%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Cong Dang Tran
Full Time Employees
10
Sector
Process industries
Industry
Chemicals: specialty
Address
Vinh Yen Vietnam
IPO Date
Jul 4, 2019
Website
pgn.com.vn
Business
Plastic Additives Joint Stock Company (HNX: PGN) is a Vietnam-based specialty chemicals and industrial additives manufacturer founded in 2007 and headquartered in Vinh Yen, Vinh Phuc Province, Vietnam. The company specializes in the research, development, and industrial-scale production of metallic soaps and polymer processing additives for the plastics, rubber, and manufacturing sectors. Its primary product and service offerings comprise metallic stearates, including calcium stearate (marketed under the HexaCaSt brand) and zinc stearate (marketed under the HexaZnSt brand), serving as heat stabilizers, dispersing agents, release agents, and internal and external lubricants; magnesium stearate and customized metallic soap formulations; polyethylene (PE) waxes and functional processing aids; ethylene-vinyl acetate (EVA) and polyethylene foam sheets, blocks, and rolls designed for footwear, packaging, and insulation applications; recycled plastic resin pellets and filler masterbatch compounds; molded rubber goods; and commercial warehousing, storage, and logistics services. The company primarily caters to domestic and regional polymer converters, PVC pipe and fitting manufacturers, electrical wire and cable fabricators, packaging producers, and color masterbatch compounders. In recent corporate developments, Plastic Additives Joint Stock Company has executed strategic reorganizations of its investment portfolio, including Board of Directors resolutions approving the acquisition of share capital in Vinh Phuc Plastic Additives Joint Stock Company, terminating earlier equity transaction plans regarding Vietnam Petroleum Asphalt Joint Stock Company, implementing supervisory board and executive leadership restructuring, and convening extraordinary general meetings of shareholders to refocus capital allocation on core manufacturing operations and strengthen corporate governance.