Despite facing many difficulties and challenges, with the motto of "persisting and seizing opportunities", industrial production establishments in the province have proactively restructured and optimized production processes to improve operational efficiency. The 15.8% growth in the industrial production index (IIP) in the first months of this year is a remarkable achievement. This is a favorable condition for the entire Thanh Hoa industry to strive to best achieve the growth target set for 2024.
Nghi Son Refinery and Petrochemical Plant operates beyond capacity, is the "nuclear" driving force for industrial growth in the first 6 months of the year.
The “nuclei” of motivation
After completing the first maintenance in late 2023, Nghi Son Refinery and Petrochemical Plant has maintained the plant's capacity at over 100%. Recently, Nghi Son Refinery and Petrochemical Company Limited (NSRP) has proactively improved corporate governance; at the same time, implemented many improvement initiatives to ensure stable operations of the refinery. NSRP has also continuously strengthened and improved regulations and standards to ensure security and safety to minimize risks in plant operations.
In addition, NSRP has also continuously focused on research and development to launch high-quality, environmentally friendly products. Typically, in the first quarter of this year, NSRP successfully launched for the first time a 10ppm diesel product line with a very low sulfur content of only 10 parts per million (ppm) to the domestic market. This product complies with the most stringent emission standards, providing superior performance, improving fuel efficiency and minimizing engine maintenance, contributing to a cleaner and greener environment.
According to NSRP, in the first 6 months of the year, the company's production value reached over VND91,060 billion; an increase of 19.92% over the same period; in which, the output of some products increased very high such as: RON 92 gasoline increased by 81.2%; diesel oil increased by 24.6%. The company paid VND13,200 billion to the State budget, an increase of 24.9% over the same period.
According to NSRP representative, in order to meet the increasing demand for gasoline and oil in the domestic market, which is increasingly in short supply and must be imported in the coming time, and at the same time maintain optimal operating efficiency, the company is focusing on researching technical solutions to increase the capacity of the factory from 15 to 20% compared to present. In addition, the unit will continue to research and improve all gasoline and oil products, meeting the best quality standards for this product group for the domestic market, increasing the efficiency of production and business activities.
With the Nghi Son 2 BOT Thermal Power Plant, in the first months of this year, it has maximized its role in supplying electricity because the National Electricity Dispatch Center (A0) has mobilized maximum capacity. The total electricity output to the grid in the first 6 months of the year reached more than 4.4 billion kWh, an increase of 102% over the same period; revenue reached more than VND 8,700 billion, an increase of 40% over the same period. From there, the company has paid VND 610 billion to the State budget in the first half of 2024. According to the representative of Nghi Son 2 Power Company Limited, with the stability of mobilizing capacity to the grid, it is expected that in 2024, the total electricity output will reach more than 8 billion kWh and the company is expected to pay more than VND 1,100 billion to the State budget.
Mr. Le Huy Tuan, Head of Planning - Finance - Synthesis Department, Department of Industry and Trade, said: “The first half of 2024 recorded a positive “picture” of industrial production. Statistics of the Department show that, in addition to the entry of new products into the market, most of the province's key industrial products have grown strongly; in which, the dominant proportion is the products: petrochemical refining, electricity production, cement, clinker, cigarette packs, paperboard of all kinds... In particular, the stable operation and increased capacity of Nghi Son Oil Refinery and power source projects, especially Nghi Son 2 BOT Thermal Power Plant, are the “nuclei” creating the main driving force for strong growth of the IIP index. In the first 6 months of this year, the proportion of industry accounted for 38.46% in the structure of total GRDP; At the same time, the added value in the industrial production sector continues to be the main driving force in the province's GRDP growth with an impressive figure of 11.5%".
Expect new results
According to the Department of Industry and Trade, in addition to witnessing the recovery and growth of many key industrial products and traditional industries, the first 6 months of the year also recorded the participation of a number of new industrial establishments coming into operation.
Mechanical production at PTSC Thanh Hoa Technical Services Joint Stock Company.
Typically, also in the first 6 months of this year, the SAB Vietnam Industrial Factory in Bim Son Industrial Park was officially inaugurated and put into operation. This is a factory that produces clothing accessories such as zippers, plastic buttons, metal buttons, which are new products in the Thanh Hoa industrial product catalog... The company representative said that with the support of the local government, immediately after the inauguration, the factory quickly stabilized the workforce, sought market connections, and customers. Currently, the company has secured production orders for the whole year of 2024.
Some key industries are also striving to overcome many difficulties and challenges of the market to stabilize operations, contributing positively to the achievements of the industry, typically the textile industry's output increased by 15.6%; the garment industry increased by 13%; wood processing increased by 25%; chemical and chemical product production increased by 36%...
Mr. Kimura Masanori, Deputy General Director of Sakurai Vietnam Co., Ltd., said: “In 2024, we aim to produce about 92 million products. Currently, the company's orders have ensured production until the end of 2024. Our company is continuing to have support policies, increase income, stabilize life so that workers can feel secure to work overtime, meet the delivery schedule for partners as per the signed contract".
Enterprises exporting to the US and EU markets in 2024 will also face many difficulties due to the conflict policy in the Red Sea, causing sea freight rates to increase. Mr. Nguyen Van Quynh, Director of Viet Agricultural Products Processing and Export Joint Stock Company, Long Anh Ward (Thanh Hoa City), said: "The unit has a market share of exported goods to the Russian market of 50%, the EU 30%, the Middle East 20%, so it is greatly affected by fluctuations due to the conflict in the Red Sea. Despite many difficulties, the company has proactively negotiated with partners to extend the time of delivery and receipt of goods. At the same time, efforts are being made to find new export markets, not depending much on the European market. Therefore, in the first months of the year, the company has maintained orders to ensure jobs and income for workers."
Up to this point, many industrial enterprises have "owned" orders to ensure production for the whole year. Many key export items of the province such as textiles, footwear, wooden furniture, seafood, wood chips... have begun to have many stable orders for a long time, with production output increasing by 20 - 30% compared to the same period last year. The internal structure of the industrial sector has also shifted in line with the development orientation of the province; in which, the processing and manufacturing industry always accounts for the dominant proportion in the industrial production value of the province, accounting for about 92% of the total industrial production value of the province.
With the situation of attracting investment in the industrial sector improving, the implementation of industrial infrastructure investment projects is focused on, typically the "launch" of the Giang Quang Thinh Industrial Park, the Western Industrial Park of Thanh Hoa City, the Northeast Industrial Cluster of Thanh Hoa City, the Tho Nguyen Industrial Cluster (Tho Xuan) and secondary projects in the industrial sector that are about to be inaugurated, will create momentum for the industry to have "outstanding" results in the coming time.
Article and photos: Minh Hang
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Source: https://baothanhhoa.vn/tang-truong-an-tuong-tao-da-can-dich-cac-muc-tieu-phat-trien-nam-2024-bai-2-cong-nghiep-lien-tuc-chuyen-dong-219492.htm
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