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Thursday, September 19, 2024

Coats Phong Phu celebrates 35 years of sustainable growth and excellence

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Coats Phong Phu, a leader in the thread manufacturing industry in Vietnam and part of Coats Group plc, proudly celebrated its 35th anniversary with a grand event in Ho Chi Minh City, Vietnam. The celebration marked a significant milestone in the company’s journey, highlighting its contributions to the apparel and footwear industry in the country.

The event was attended by over 300 guests, including British Counsel General in Ho Chi Minh City Alexandra Smith, delegates from leading industry brands, manufacturers, suppliers, Vietnam’s textile association, and Coats Vietnam’s Joint Venture partner, Phong Phu Corporation.

Nishant Manuja, Managing Director of Coats Phong Phu, addresses the audience, expressing gratitude to the company’s partners, employees, and customers

Nishant Manuja, Managing Director of Coats Phong Phu, said: “Our success is not ours alone. It is shared with our joint venture partner Phong Phu Corporation, our dedicated employees, our loyal customers, and the communities we serve.”

Coats has been operating in Vietnam since 1989, with two large thread factories in Ho Chi Minh City and Hung Yen Province. It is one of the Group’s standout businesses, excelling in health and safety, sustainability, operational excellence, innovation, and employee engagement. Over the years, investments in cutting-edge technologies have enabled Coats Phong Phu to meet the evolving needs of customers and the industry.

Celebrating its 35th anniversary, Coats Phong Phu looks to a continued promising future with significant growth opportunities.

For more information, please contact:

Đặng Minh Phượng
phuong.dang@coats.com

About Coats Group plc

Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data, and the environment. Headquartered in the UK, Coats is an FTSE250 company and an FTSE4Good Index constituent. Revenues in 2023 were $1.4bn.

Trusted by the world’s leading companies to deliver vital, innovative, and sustainable solutions, Coats provides value-adding products, including apparel, accessory and footwear threads, structural components for footwear and accessories, fabrics, yarns, and software applications. Customer partners include companies from the apparel, footwear, automotive, telecoms, personal protection, and outdoor goods industries.

With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, Coats has operations across some 50 countries with a permanent workforce of more than 15,000, serving its customers worldwide.

Coats connects talent, textiles, and technology, to make a better and more sustainable world. Worldwide, there are four dedicated Coats Innovation and Sustainability Hubs, where experts collaborate with partners to create the materials and products of tomorrow. It participates in the UN Global Compact and is committed to Science Based sustainability targets for 2030 and beyond, with a goal of achieving net-zero by 2050. Coats is also committed to achieving its goals in Diversity, Equity & Inclusion, workplace health & safety, employee & community wellbeing, and supplier social performance.

To find out more about Coats, visit www.coats.com.

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