- Sector
- Distribution services
- Industry
- Food distributors
- Address
- Ho Chi Minh City Vietnam
- IPO Date
- Mar 29, 2017
- Business
- Petec Coffee Joint Stock Company (UPCoM: PCF) is a Vietnam-based agricultural trading, processing, and commercial enterprise primarily engaged in the sourcing, processing, domestic distribution, and export of agricultural commodities and related industrial products. Founded in 2006 following the equitization of the Lam Dong Branch of PETEC Trading and Investment Corporation and headquartered in Ho Chi Minh City, Vietnam, the company operates a specialized green coffee processing facility in Di Linh District, Lam Dong Province, with an annual processing capacity of approximately 15,000 to 20,000 metric tons. Petec Coffee Joint Stock Company operates through four primary business segments: Agricultural Commodity Processing and Trading, Petroleum and Agrochemical Distribution, Mineral Mining, and Logistics and Commercial Services. The company offers a comprehensive range of products and services, including agricultural commodities such as green coffee beans, commercial-grade Robusta coffee, specialty Arabica coffee, black and white pepper, processed cashew nuts, and macadamia nuts; petroleum and energy distribution, encompassing wholesale and retail trade of automotive fuels, lubricants, and refined petroleum products; agricultural inputs, comprising chemical fertilizers, crop nutrition products, and crop protection pesticides; industrial mineral products, consisting of extracted and processed bentonite clay; and commercial logistics solutions, covering freight forwarding, warehousing, inland cargo transportation, and customs clearance services for industrial machinery, agricultural equipment, and raw materials. The company distributes its products domestically across Vietnam and historically exports agricultural commodities to international markets across Europe, including Germany, Switzerland, Italy, and the United Kingdom; Asia, including Japan, South Korea, and India; and North America, including the United States. In recent developments, Petec Coffee Joint Stock Company has executed comprehensive operational and financial restructuring programs under the coordination of its principal affiliate, PETEC Trading and Investment Corporation (UPCoM: PEG), a member of Petrovietnam Oil Corporation (PVOIL). These initiatives include debt restructuring and supplier liability adjustments, corporate governance updates following board of directors and executive personnel transitions ratified during recent Annual General Meetings of Shareholders, and the optimization of supply chain logistics and asset management to navigate raw material market fluctuations.