The plastics manufacturing industry is often associated with environmental concerns, given the long-term negative impact of plastic products if not properly managed. However, Binh Minh Plastics, with a strong commitment to sustainability, has consistently implemented green transformation initiatives to reduce environmental impacts across its production and business operations.
For many years, the company has steadily increased the proportion of its eco-friendly products, sourcing clean materials from trusted suppliers, and investing in advanced technologies from Italy, Germany and Japan.
Innovation for sustainable development
Founded in 1977, Binh Minh Plastics Joint Stock Company is one of Vietnam’s top manufacturers in the plastics and construction materials sector. With nearly 50 years of experience, the company has solidified its market position by delivering high-quality products for various construction applications.
Binh Minh Plastics continually innovates its technologies to meet growing customer demand while upholding its mission of environmental protection and community support. The company’s ongoing growth is not only driven by product improvements but also by its unwavering commitment to sustainable development.
In today’s fluctuating global economy, sustainable development is critical for long-term business success. Binh Minh Plastics recognizes that improving product quality while protecting the environment is key to achieving sustainability. The company has committed to implementing the ESG (Environment – Social – Governance) strategy to generate positive value for society and communities.
Binh Minh Plastics understands that a sustainable product not only has a long lifespan but also ensures user health and safety. Made from high-quality materials, its products are free from heavy metals and environmentally friendly. This has enabled Binh Minh Plastics to become a pioneer in earning WRAS certification, confirming its international standard of product safety for drinking and domestic water pipes.
The company has also moved away from using PVC materials derived from coal and acetylene, and focused on reducing CO2 emissions in its production processes, instead. Binh Minh Plastics is committed to developing low-emission products to minimize its environmental impact. Its products are designed to support green projects and meet the market’s strict environmental requirements.
In alignment with the Vietnamese Government’s goal of achieving carbon neutrality by 2050, Binh Minh Plastics aims to ensure sustainability throughout its entire supply chain by increasing the use of renewable energy. The company has implemented a closed-loop automation system that optimizes efficiency and minimizes waste from raw material intake to finished products. As a result, Binh Minh Plastics successfully lowered total emissions by 9,423 tons of CO2-EQ and saved 5.504 million kWh of energy in 2023.
Community contributions
Binh Minh Plastics actively engages in social projects aimed at creating safe, clean, and equitable communities as part of its sustainable development strategy.
The company places a high priority on social responsibility. Its “Loving the Water – Cherishing the Future” initiative exemplifies Binh Minh Plastics’ commitment to the community. By mid-2024, the company had provided over 1,357 households with more than 27,000 meters of PVC-U pipes and 9,700 meters of HDPE pipes, significantly improving the lives of thousands in Phu Yen Province and the Mekong Delta region.
In the summer of 2024, Binh Minh Plastics partnered with the HCMC University of Technology and Education and the Phu Yen Provincial Youth Union in a significant project. Together, they installed a water supply system spanning over eight km in Xuan Quang 1 Commune, delivering clean water to more than 200 households and marking a major milestone in improving local living conditions.
In 2023, Binh Minh Plastics completed numerous community projects valued at VND 2.7 billion, contributing to positive community changes. These included home repairs for disadvantaged families, providing healthcare packages for nursing homes, and organizing the annual “Blood Donation Day.”
The company believes that investing in education is a critical component of its sustainable development strategy. Binh Minh Plastics continues to share its expertise through educational and training initiatives for future generations. Each educational investment helps broaden opportunities and enhances the capabilities of young people, creating long-term positive impacts on society as a whole.
Binh Minh Plastics frequently shares its technical knowledge and supports students of construction at leading universities. Through practical programs such as the “Water Supply and Environment” seminar at Western Construction University and the pipe assembly competition during the “Water Day” event at HCMC University of Technology, the company provides valuable real-world experience.
Additionally, it sponsors lab products for the HCMC University of Technology and Education, creating a hands-on learning environment. Moving forward, the company will continue to support young people by offering scholarships and job opportunities to help them achieve their dreams and advance their careers.
On July 30, 2024, Binh Minh Plastics was honored with the “For a Green Future” award at the Vietnam Industrial Real Estate Forum 2024, organized by Dau Tu newspaper. The award, in the “Enterprise with a Green Transition Strategy 2024” category, recognizes Binh Minh Plastics’ outstanding efforts toward sustainable development and reaffirms its commitment to environmental protection and social responsibility.
