- CEO
- Hoc Dac Doan
- Full Time Employees
- 210
- Sector
- Process industries
- Industry
- Containers/Packaging
- Address
- Ho Chi Minh City Vietnam
- IPO Date
- Jun 8, 2009
- Business
- Petroleum Mechanical Joint Stock Company (HNX: PMS) is a Vietnam-based industrial manufacturing and engineering enterprise primarily engaged in the production of industrial packaging, specialized petroleum transport vehicles, storage infrastructure, and mechanical equipment. Founded in 1976 and headquartered in Ho Chi Minh City, Vietnam, the company operates as an affiliate of Vietnam National Petroleum Group (Petrolimex) and serves domestic and commercial clients across the petroleum, petrochemical, chemical, paint, asphalt, and food processing industries. The company organizes its operations across three primary business segments: Packaging Manufacturing, Specialized Mechanical Equipment and Fabrication, and Engineering, Construction, and Technical Services. Its core product and service portfolio includes industrial steel drums and containers, comprising standard and custom-lined 200-liter and 208-liter closed-head and open-head steel drums designed for the storage and transport of lubricating oils, chemicals, petroleum products, and agricultural liquids; specialized petroleum and liquid transport equipment, including aluminum and carbon steel road tank trucks, semi-trailer tankers, aviation refuelers, and ISO tank containers; stationary storage systems and pressure vessels, encompassing underground and aboveground atmospheric storage tanks, liquefied petroleum gas (LPG) storage tanks, and industrial piping networks; fuel distribution and depot equipment, such as commercial fuel dispensers, flow metering systems, and fluid transfer apparatus; and technical engineering services, consisting of turnkey engineering, procurement, and construction (EPC) for retail petroleum stations and bulk oil terminals, along with tank calibration, equipment overhaul, structural maintenance, and industrial drum reconditioning services. Petroleum Mechanical JSC markets its products and services across Vietnam and exports industrial containers to neighboring Southeast Asian markets. In recent operational developments over the past two years, the company has completed major automation and modernization upgrades to its primary packaging manufacturing lines, integrating automated welding and surface-treatment systems to boost throughput, lower material consumption, and comply with international UN packaging safety standards for hazardous goods. Furthermore, the company has broadened its transportation engineering segment through the development and commercial launch of lightweight aluminum alloy petroleum road tankers engineered to enhance fuel efficiency and payload capacity for commercial fleet operators, while simultaneously expanding its recurring technical maintenance contracts to provide automated monitoring and maintenance solutions for nationwide retail fuel networks.