PFVCCo Inaugurates UFC85 Unit

Recently, PetroVietnam Fertilizer and Chemicals Corporation (PVFCCO – Stock code DPM) organised the opening ceremony for the Factory of UFC85– an essential additive in urea production. Attendees included leaders of MOIT, PetroVietnam, PVFCCo, contractors, customers, and the press and mass media.

 

Totalling VND500 billion of investment, located within Phu My Fertilizer Plant’s premises, the UFC85 Unit was completed approximately 1 month ahead of schedule. The Unit completed its test run by the end of November 2015, producing 950 tonnes of formaldehyde and 360 tonnes of UFC85 with as high quality as that of imported goods, meeting guaranteed specifications in full.

 

The Unit capacity is 15,000 tonnes of UFC85/year, equal to 25,000 tonnes of formaldehyde/year. It employs the methanol oxidation technology with metal oxide catalyst (a well-known technology at present) licensed by Haldor Topsoe - a worldwide leading licensor in invention and technology transfer in petrochemical and oil refining fields, who is also the licensor of NH3 Unit in Phu My Fertilizer Plant. The main contractor is Toyo Vietnam, a member of Toyo-Thai Corporation Public Company Ltd. (now TTCL Public Company Ltd.), who has successfully executed many EPC contracts in Vietnam.

 

UFC85 and formaldehyde are chiefly used in urea fertilizer production as anti-caking and enhancement agent for urea fertilizer, as glue for wood processing, and as preservatives for medical and food industries. During its first operation phase, the Unit prioritizes production of UFC85 in order to supply to local urea fertilizer plants, including Phu My Fertilizer Plant. Total demand of these plants is approximately 14,000 tonnes/year, all of which was previously imported from abroad.