Haiphong Paint JSC
UUPCOM:HPP56,100.00
VND
-1,900.00
(-3.28%)
Haiphong Paint JSC
UPCOM:HPP
(Unlisted Public Company Market)
Recent
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56,100.00
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ROIC.AI
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- Haiphong Paint Joint Stock Company (UPCoM: HPP) is a Vietnam-based chemical manufacturer specializing in the research, development, production, and distribution of industrial coatings, marine paints, and specialized protective coatings. Founded in 1960 as the Oil Paint Chemical Enterprise and converted into a joint-stock entity in 2004, the company is headquartered in Hai Phong, Vietnam. The company operates in technical collaboration with Japan-based Chugoku Marine Paints, Ltd. (CMP), utilizing transferred manufacturing technologies and international technical standards to supply maritime transport, heavy industry, renewable energy, and infrastructure construction sectors across Vietnam and regional markets. The company provides an extensive portfolio of over 300 coating solutions categorized across primary product and service segments: marine and offshore coatings, comprising antifouling paints, anticorrosive marine primers, epoxy hull coatings, polyurethane topcoats, and protective paint systems for shipbuilding, vessel repair, marine structures, and offshore oil and gas rigs; heavy-duty industrial coatings, comprising epoxy paints, polyurethane (PU) finishes, acrylic coatings, alkyd systems, zinc-rich primers, zinc silicate paints, galvanized steel coatings, heat-resistant coatings, water-based fire-retardant coatings, and self-leveling industrial floor coatings; infrastructure and specialized application coatings, including coil coatings for prepainted metal roofing sheets, specialized container coatings for cargo container fabrication, and durable coatings for thermal, hydroelectric, and wind power facilities; traffic and civil paints, comprising reflective thermoplastic road marking paints, infrastructure safety coatings, architectural wall paints, and wood and metal finishes; and specialized materials, including synthetic composite materials and elastomeric components for high-speed railway infrastructure. Additionally, the company offers technical coating advisory, laboratory testing, color formulation, and protective application inspection services. In recent developments, Haiphong Paint Joint Stock Company has advanced its manufacturing capacity through the development of a new production facility situated in the Nam Dinh Vu Industrial Park in Hai Phong, following the acquisition of land-use rights and completed site handover procedures. Operationally, the company has expanded its commercial supply footprint in the logistics manufacturing segment by delivering specialized container coatings to major industrial producers, including Hoa Phat Group, while expanding protective coating deliveries to utility-scale wind power and hydropower projects. The company has also integrated digital QR-code product authentication and traceability systems across its distribution lines to enhance supply chain transparency and quality control. Furthermore, the company continues to execute product modernization initiatives by expanding its research and development into environmentally sustainable, low-VOC (volatile organic compound), lead-free, and chromium-free coating formulations to meet evolving domestic and international regulatory standards.