Masan High-Tech Materials honored in Top 10 pioneering innovative brands in Vietnam

Việt NamViệt Nam22/10/2024


Recently, at the 2024 Vietnam Strong Brands Announcement and Honoring Ceremony organized by Vietnam Economic Magazine, Masan High-Tech Materials was honored to be named “Top 10 Strong Brands – Pioneers in Innovation”. This award is a testament to the company’s commitment to research and development for the sustainability and future of the community.

Innovation towards green production, circular economy

Recognizing the technological advantage, Masan High-Tech Materials (MHT) continues to promote research and development to optimally exploit advanced technologies, towards a green economy and circular economy. In 2023, the Research and Development (R&D) Department has conducted many activities aimed at reducing emissions and optimizing production processes. MHT's global teams are also constantly researching environmentally friendly products and innovating processes to increase efficiency, reduce energy consumption, and recycle waste streams into higher value products.

The company also demonstrates its commitment to high-tech development through its automated production network and more than 105 patents applied in many countries. In particular, the MTC factory in Vietnam has been honored to be certified as a “High-Tech Enterprise” by the Ministry of Science and Technology.

Building a culture of innovation from within

Also in 2023, the company merged its two research and development divisions into the Global Technology and Innovation Division. This change not only created a lean and efficient division to better address the research challenges ahead, but also established a company-wide innovation community. At the same time, MHT also successfully organized the first “Global Technology and Innovation” conference in Vietnam, bringing together experts from Vietnam, Germany, Canada and China to discuss and develop innovative and sustainable solutions for customers.

In 2024, the Company launched the "MHTers Initiative" contest with the desire to promote the spirit of responsibility and creativity in each employee, contributing to creating a positive working environment where everyone is encouraged and develops their full potential.

Photo caption
Innovation and research and development activities are given attention and focus at Masan High-Tech Materials.

Innovate to stay ahead of market trends

As China restricts exports of key minerals, Western countries are forced to find new sources of supply, opening up huge opportunities for tungsten producers outside China, including Vietnam. Tungsten demand is also growing strongly thanks to its important role in the global green transition, especially in the production of wind turbines, electric vehicle batteries and solar panels.

Masan High-Tech Materials differentiates itself in the global market through its sustainable development strategy based on a circular economy model, focusing on recycling, developing green products and aiming for green growth. The company continues to invest in innovation and improve its production processes to create advanced solutions to serve the diverse needs of customers. With a commitment to sustainable development, ESG implementation and green transformation, Masan High-Tech Materials is ready to make a breakthrough in its business, aiming for greater success in the years to come.

Photo caption
Masan High-Tech Materials' mineral processing plant in Thai Nguyen.

Source: https://baotintuc.vn/doanh-nghiep-san-pham-dich-vu/masan-hightech-materials-duoc-vinh-danh-top-10-thuong-hieu-tien-phong-doi-moi-sang-tao-viet-nam-20241021115452763.htm


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