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History of Foundation and Development

Time

  • 2022

    Effectively recovered production and business after the pandemic.
    Recorded high profit with effective supply chain management:
    + Customer focus.
    + Optimized operations.
    + Proactive procurement.

  • 2021

    Successfully applied and offcially formed a Supply Chain Management Department (SCM), promoting the solidity of current management system to help the Company overcome the COVID-19 pandemic

  • 2020

    Promoted automation of production; Launched acontinuous improvement program to improve labor productivity and save costs.

  • 2019

    Conducted the restructuring of the Company’s organization and distribution system in a more dynamic and appropriate manner to cope up with the competitive environment.
    Honored as one of the Best Companies to Work for in Asia 2019 by HR Asia magazine.

  • 2018

    Became a member company of SCG Group Thailand - a leading industrial group in Southeast Asia. Joining a large corporation with extensive experience and modern management technology, Binh Minh Plastics has a great chance to exchange, cooperate and improve its management of the business in Vietnam.
    Received the Asia-Pacifc International Quality Award.

  • 2017

    Inaugurated the second phase of Binh Minh Long An factory.

    Acceptance of ERP management system.

    Successfully applied the non-heavy metal additive system in the production of PVC-U pipes and fittings.

    Launched a new product line of PP-R spare parts.

  • 2016

    Began Phase II of construction of Binh Minh Long An factory.

  • 2015
    On the 18th of November, Binh Minh Long An factory was inaugurated.
    Succeffully deployed 05 ERP's modules at the Company, its branches and subsidiaries.
  • 2014
    Started in building of Binh Minh Long An factory.
    Applied the ERP management system.
  • 2013
    Received certificate of Conformity for products in compliance with standards and codes of the Ministry of Construction.
    Increased the chartered capital to VNĐ 454,784,80,000.
  • 2012
    Applied the ISO 14001 Enviromental Management System.
    Implemented the information technology project "Enterprise Resource Planning (ERP) – Oracle E-Business Suite”.
  • 2010
    Signed a rental contract for 155,00 m2 of land at Vinh Loc No.2 Industrial Park, Ben Luc, Long An for construction of Binh Minh Long An Plant.
  • Was the first company in Vietnam Successfully producing the largest HDPE pipes with diameter up to 1,200mm at BMP.
  • 2009
    Heat-resistant PP-R pipes were officially introduced into the market.
    Production of PVC-U pipes with diameter up to 630mm.
  • 2008
    The Company purchased 29% shares of Danang Plastic Joints-stock company with the aim of developing the Binh Minh Plastic brand in the central and highland areas.
  • 2007
    On the 21st of December, the Northern Binh Minh Plastic one member Limited Company was inaugurated in Hung Yen, officially introducing Binh Minh Plastic brand into the northern market.
  • 2006
    On the 11th of July, the Company's shares were officially listed on the Vietnamese stock market as BMP.
  • 2004
    On the 2nd of January, after equitization, Binh Minh Plastic Joint-stock company officially went into operation under the name of Binh Minh Plastic Joint-stock Company, abbreviated as BMP Plasco.
  • 2002
    HDPE pipes and HDPE double-wall corrugated pipes were introduced for the first time.
    Completed expansion of warehouses and the Plant No.2 with total area of 30,000m2.
  • 2000
    Received ISO 9001 Certificate for quality management system.
  • 1999

    Inauguration of the No.2 Factory with total of 20,000 m2 in Binh Duong Province and modern equipment from European countries - marked a development stage in terms of production scale and capacity of the Company.
    The Company invested in equipment and expanded the area of the Plant No.2 to 50,000m2.

  • 1994
    Renamed as Binh Minh Plastic Company, a state-owned enterprise under the Ministry of Light Industry.
    It is the first enterprise apply Dry-blend advanced technology to directly produce 400mm PVC-U pipe from compound raw meterials in Vietnam.
  • 1990
    Officially registered for protection of merchandise mark, trademark and logo of Binh Minh Plastic in Vietnam, a start for establishment and developmnent of the brand.
    Product distribution network of Binh Minh Plastic was established.
  • Renamed as Binh Minh Plastic Science and Technology Enterprise, a state-owned enterprise under the Ministry of Light Industry.
  • 1986
    The year saw a historical turning point of Binh Minh Plastic as it was selected by UNICEF to be the first and main supplier of PVC-U pipes for the project "Rural Water Program", marking an entire change of product structure of Binh Minh Plastic to industrial and technical platic products, paving the way for development of plastic pipe industry in Vietnam.
  • 1977
    On the 16th of November, Binh Minh Platic Partnership factory under the Industrial Goods Corporation - Ministry of Light Industry was established by merging Vietnam Chemical Plastic Pipe Company (Kepivi) and Kieu Tinh Technology of domestic on production of domestic plastic products, pipes and fittings spare parts of pipes.