Ca Mau Gas-Power-Fertilizer Complex marks 10th anniversary
The Ca Mau Gas-Power-Fertilizer Complex, invested by the PetroVietnam Camau Fertilizer Joint Stock Company (PVCFC) has recorded strong growth over the past decade and become the leading fertilizer hub of the country, heard a ceremony on March 16 to mark the 10th anniversary of the PVCFC.
The Ca Mau Gas-Power-Fertilizer Complex (Photo: VNA)
Ca Mau (VNA) – The Ca Mau Gas-Power-FertilizerComplex, invested by the PetroVietnam Camau Fertilizer Joint Stock Company (PVCFC) has recorded strong growth over the past decade andbecome the leading fertilizer production hub of the country, heard a ceremony on March 16to mark the 10th anniversary of the PVCFC.
Last year, the firm reeled in nearly 717 billion VND (30.95 millionUSD) in pre-tax profit, surpassing its target by 41 percent and representing arise of 56 percent year on year.
PetroVietnam General Director Le Manh Hung (first from left) presents the "For the oil and gas sector" insignia to leaders of Ca Mau province(Photo: VNA)
For 10 years to February this year, the Ca Mau Gas-Power-FertilizerComplex had earned nearly 245 trillion VND, and paid 16.5 trillion VND to theState budget, becoming the largest source of budget collection of Ca Mau.
So far, the PVCFC has generated nearly 57 trillion VND inrevenue, with pre-tax profit of 6 trillion VND. It has exported 1.02 milliontonnes of urea among total production of 7.31 million tonnes.
Addressing the ceremony, Chairman of the People’s Committeeof Ca Mau province Le Quan expressed his hope that the PVCFC will continueexpanding its projects in Ca Mau, and turn the Ca Mau Gas-Power-Fertilizer complex into a major hub of the oil and gas industry.
Meanwhile, General Director of PVCFC Van Tien Thanhcommitted that along with the expansion of production and business, the firmwill continue to engage in charity and social welfare activities in thelocality, completing its tasks and contributing to promoting agricultural sustainability./.
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The Ca Mau Gas-Power-Fertilizer Complex (Photo: VNA) 
PetroVietnam General Director Le Manh Hung (first from left) presents the "For the oil and gas sector" insignia to leaders of Ca Mau province(Photo: VNA) 
