PVFCCo – Phu My and Topsoe sign cooperation agreement in Copenhagen

PVFCCo, also known as PetroVietnam Fertiliser and Chemicals Corporation (Phu My), and Topsoe have signed a cooperation agreement in Copenhagen, marking a significant upgrade in their long-standing partnership. The agreement, signed on October 19 and formally exchanged on October 20 at the Vietnam-Denmark Business Forum, was presided over by King Frederik X of Denmark, Party General Secretary and State President To Lam, and leaders from various Vietnamese and Danish enterprises.

This milestone highlights the companies' shared commitment to deepening collaboration in advanced technology, chemicals, and sustainable energy transition. Over the past two decades, the two entities have built a robust technical coordination mechanism, optimizing system performance and ensuring operational stability. Phu My Fertiliser Plant has maintained exceptional performance, setting a record of 678 consecutive operating days and receiving Topsoe's Certificate of Operational Excellence three times.

The newly signed partnership agreement outlines future collaboration in researching, evaluating, and implementing new projects in Vietnam. Both companies aim to leverage their strengths to optimize the chemical value chain, focusing on advanced gas processing technologies, energy recovery solutions, and reducing emissions. Additionally, they will explore solutions for low-carbon ammonia production, green hydrogen, and new energy derivatives in line with global trends.

In terms of technical collaboration, the companies will continue expert exchanges, optimize operational technologies, and enhance high-tech capabilities for their engineering personnel. PVFCCo's representative emphasized that the agreement is a step in line with the corporation's long-term development strategy, enabling a transition from a traditional fertiliser producer to a modern chemical enterprise creating green, sustainable value.