PVFCCo – Phu My accelerates growth with robust performance in early 2026

From the outset, PVFCCo – Phu My implemented comprehensive management solutions and flexible operations to adapt to market fluctuations, ensuring continuous and safe operations. Following the plant's post-maintenance restart and through the Lunar New Year period, the facility maintained 24/7 operations to meet domestic agricultural demand and export orders on time. Logistics and sales were streamlined to guarantee supply and market equilibrium.

Management of PVFCCo - Phu My working with Phu My Fertilizer Plant

Consequently, for the first two months of 2026, cumulative Phu My urea production reached approximately 91,600 tons (110% of the target); NPK production surpassed 28,600 tons (155%); and UFC85 output exceeded 1,600 tons (177% of the goal).

In the commercial sector, total consumption of Phu My urea and related products reached over 146,000 tons, completing 114% of the two-month plan. NPK consumption stood at 25,700 tons, achieving 124% of the target. These products served both domestic and international markets; notably, during the Lunar New Year, the Corporation successfully executed two high-margin export shipments. Key financial indicators consistently outperformed targets for the same period.

For the full year 2026, PVFCCo – Phu My aims to produce 903,000 tons of urea equivalent, 180,000 tons of NPK, 10,000 tons of UFC85, and 129,000 tons of chemicals. The initial two-month results, with indicators ranging from 110% to 155% of the plan, demonstrate a reinforced post-maintenance technical foundation and reflect highly responsive, market-aligned management.

Looking ahead to March and the subsequent quarters, the Corporation is committed to maintaining stable operations and optimizing production capacity across all lines. The focus will remain on securing domestic supply while aggressively expanding exports and enhancing commercial efficiency. Simultaneously, the enterprise will focus on controlling input costs, optimizing resources, and accelerating scheduled investment projects.

With this robust start and proactive management approach, PVFCCo – Phu My is building a solid framework to effectively execute the 2026 business plan, ensuring a steady supply of fertilizers and chemicals, and contributing to the nation’s sustainable development and prosperity.

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