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Dinostar Aluminum joins the global supply chain

Developing supporting industries is considered one of the key factors contributing to the country’s industrialization and modernization.

Several of the world’s leading manufacturers have invested and established production plants in Vietnam, such as Samsung, Cannon, Intel, Ford, Toyota, etc., creating opportunities for Vietnamese businesses to participate in the global value chain, therefore building and developing Vietnam’s supporting industries.

Being a link in the global supply chain brings high and stable value to businesses. However, it is not easy to become a vendor for multinational companies because the corporations have very strict guidelines for evaluating suppliers. Meanwhile, Vietnam’s supporting industry enterprises are typically small and medium enterprises with limited resources, low management skills, and a limited ability to invest in technological innovation, expand production scale, improve productivity, and increase quality, in order to be competitive in the supply chain of foreign direct investment companies.

Thanks to its strengths in production capacity, financial potential and professionalism in management and administration, Ngoc Diep Aluminum Joint Stock Company with the Dinostar Aluminum brand has joined the global production value chain for aluminum products and accessories used in the field of mechanical – electrical – electronic.

Dinostar Aluminum joins the global value chain of aluminum production.

(Photo: Dinostar Aluminum Factory – Ngoc Diep Aluminum Joint Stock Company)

To participate in the supply chain, Ngoc Diep Aluminum Joint Stock Company has passed a set of global standards established by foreign enterprises, including:

Firstly, Ngoc Diep Aluminum Joint Stock Company owns one of the biggest factories in the field of aluminum production in Vietnam. Dinostar Aluminum expanded its production area in 2021, from 75,000m2 to 120,000m2, consolidating its leading market position. Modern and advanced technology is installed in the production line system imported from Japan, Germany, Italy, and Taiwan to improve production efficiency and product quality.

Secondly, to ensure the factors of Quality – Cost – Production schedule, most foreign enterprises require suppliers to apply technology to production and management. Dinostar Aluminum Factory pioneers the use of 4.0 technology through an automated machinery system, a closed production line, and a high-tech application. Smart factory connected and flexible automation helps Dinostar Aluminum increase productivity, cut costs, and ensure the quality, schedule and delivery requirements of the world’s leading corporations. In addition, the digitization of operation management, involving Blockchain technology, Big Data and ERP software, helps to manage production, inventory, marketing, and sales efficiently, ensuring mass production.

High-tech machinery line system at Dinostar Aluminum Factory.

(Photo: Ngoc Diep Aluminum Joint Stock Company)

Thirdly, FDI enterprises pay special attention to the supplier’s quality control process. The products of multinational corporations are exported to many parts of the world, so all supplied components must meet international standards. Ngoc Diep Aluminum Joint Stock Company applies a management system in accordance with ISO 9001: 2015, ISO 14001: 2015 and Dinostar Aluminum products meet all strict international standards set by reputable organizations. The production line is equipped with a closed “cleanroom” to minimize product quality problems.

Fourth, multinational corporations encourage partners to conduct research and development to continuously improve product quality and reduce product costs. Research and development spending is an important evaluation criterion. Dinostar Aluminum has built an R&D Center in its own factory with modern equipment and a team of highly qualified engineers, aimed at providing products with high science and technology content and cost-effectiveness.

Fifthly, in addition to the criteria of production and quality management, Ngoc Diep Aluminum Joint Stock Company also meets the criteria of corporate governance such as development strategy, financial capacity, ability to cope with risks, etc. risks, law compliance, environmental protection, employee benefits, etc.

Dinostar Aluminum passes a series of international standards required by multinational companies.

(Photo: Ngoc Diep Aluminum Joint Stock Company)

Joining the ecosystem of suppliers with tens of billions of dollars in revenue of multinational corporations proves the serious investment and unremitting efforts of Ngoc Diep Aluminum Joint Stock Company in providing high-quality aluminum products, bringing value to customers and partners, contributing to the development of the country’s economy.

As a member of a global eco-system of suppliers, Ngoc Diep Aluminum Joint Stock Company demonstrates an unremitting commitment to providing high-quality aluminum products, enabling customers and partners to gain value, contributing to the country’s economic development.

The company will take advantage of opportunities with world’s leading multinational corporations to transform value chain, improve global competitiveness to access new opportunities on the world market in the coming years.

See more at Dantri newspaper: Dinostar Aluminum joins the global supply chain

What makes Dinostar Aluminum Billet popular in domestic and international markets?

Aluminum Billet is cast into a cylindrical round bar and is produced through heat treatment and alloying according to certain standards. It is used as raw material in the production of aluminum products for construction, transportation, energy and electronics, etc.

Aluminium Billet branded Dinostar is one of the key products of Ngoc Diep Aluminum Joint Stock Company (under Ngoc Diep Group), with annual supply volume of up to 60,000 tons to the domestic and overseas market. In addition to its popularity and trust among domestic aluminum manufacturers, Dinostar Aluminum Billet is very popular and trusted by foreign aluminum manufacturers for the following reasons:

Superior Quality

Dinostar Aluminum Billet is a clear demonstration of Ngoc Diep Group’s business philosophy: “Putting quality at the center of development”. Products are manufactured from high-quality raw materials at Dinostar Aluminum Factory, meet by strict domestic and international standards.

Different from ordinary billet products on the market, Dinostar Aluminum Billet has the main ingredient of imported high-grade Ingot aluminum grade A with a pure aluminum content of up to 99.89% and an iron content of less than 0.05% – limited maximum oxidation state. In addition, to produce high-quality billet aluminum requires large investment costs in machinery systems and production lines, so not all businesses can afford to invest. Dinostar Billet Aluminum is produced at the high-tech Dinostar Aluminum Factory with a scale of up to 120,000 m2 with a modern production line system imported from Japan, Germany and Italy. The system of 3 kilns and the state-of-the-art casting and homogenization system has a capacity of up to 60,000 tons of billets per year. As a result, Billet Dinostar products have smooth surface, outstanding strength and corrosion resistance, flexible bending and good melting temperature, convenient for production.

Dinostar Aluminum Billet is produced on the most advanced machinery line system

Aluminum profile products manufactured from Billet Dinostar fully meet the requirements of physical and mechanical properties such as tensile strength, yield strength, elongation,… and the alloy chemical composition complies with strict standards. Slots of Vietnam and international standards such as TCVN 12513, JIS H4100 standard of Japan, ASTM standard of the United States of America, etc. Surface of aluminum bar after extrusion has good corrosion resistance, easy surface treatment. , powder coating or anodizing.

Diversified and suitable for customer needs

The Dinostar Billet Aluminum product line has 6000 series, 7000 series with various sizes from 4 inches to 9 inches and is cut to standard lengths of 5.8m, 6m, … depending on the needs of customers. In addition, Billet Dinostar aluminum products are alloys of aluminum and elements Si, Mg, Cu, …, combined to form a variety of aluminum alloys such as A6061, A6063, A6005A, …, meeting the needs of customers. Diversity of customers in the fields of construction, manufacturing industry and consumer goods,… High strength, good formability, ease of processing and excellent corrosion resistance are the advantages that make Billet Dinostar aluminum becoming a popular choice for manufacturing aluminum door systems in construction as well as used in mechanical engineering, transportation, energy, electronics, telecommunications, etc.

In addition, the R&D Center is built in the Dinostar Aluminum Factory itself with modern equipment, in order to constantly research, improve and develop products to better meet the needs of customers. customers and markets.

DINOSTAR Billet Aluminum products come in a variety of sizes and types, and are continually being improved and developed.

Environmentally friendly

The trend of using green products is becoming more and more popular and driving the entire manufacturing industry to change. Today’s market not only requires quality products, but also requires environmentally friendly products and services right from production to consumption.

Dinostar aluminum in general and Billet Dinostar aluminum in particular have passed rigorous tests of international inspection organization SGS to meet the RoHS (Restrict of Hazardous Substances) green standard issued by the European Union. This is a strict standard, requiring clean materials, limiting hazardous substances on products to ensure safety for the living environment and human health. Dinostar aluminum has become a pioneer brand in the domestic and foreign aluminum market in the trend of using green materials of international quality, safety and environmental friendliness.

Aluminum Billet Dinostar is certified as a green product, protecting the environment

With the above advantages, Billet Dinostar Aluminum is always appreciated for both quality, product variety and safety for the environment. Not only stopping at the domestic market, over the years, Billet Dinostar Aluminum has successfully exported to demanding markets such as the US, Canada, Australia and Europe, contributing to affirming the position of Vietnamese aluminum in the international market. economic.

Aluminium prices hit decade high on Guinea coup

Aluminium prices hit their highest levels in a decade on Monday as concerns grow about shortages following news of a coup in Guinea, the world’s largest reserves of bauxite, and production cutbacks in China, the world’s biggest producer.

A unit of Guinea’s military seized power and suspended the constitution, triggereing concerns about the supply of bauxite needed to make aluminium.

Guinea has the world’s largest reserves of bauxite, the globe’s main source of aluminum.

(Photo: Reuters)

Guinea supplies about 25 per cent of the world’s bauxite, mostly to China and Russia. The country shipped 82.4 million tons of the mineral globally last year, according to government data. Guinea is China’s largest source of bauxit. In the first seven months of this year, Guinea supplied China with 55 per cent of its bauxite supply, according to analysts at ING. China, in turn, is the world’s largest producer of aluminium. Rusal, the world’s third-largest aluminum producer, owns three bauxite mines in the country, which accounted for 50 per cent of its total supplies last year.

Guinea exported 82.4 million tons of the mineral globally last year (Photo: Bloomberg)

The unrest did not have any immediate impact on bauxite operations, however it extended a rally in aluminium prices to multi-year highs and boosted shares in aluminium producers.

Aluminium prices have hit decade high due to supply concerns (Photo: Bloomberg)

Aluminium prices on the London Metal Exchange rose as much as 1.8% to $2,775.50 a ton, the highest since May 2011. In China, futures jumped as much as 3.4% to the highest since 2006. Shares in Russian aluminium producer Rusal rose 4 per cent in Moscow on Monday before edging back, while those of Aluminum Corporation of China were up 5 per cent on the back of higher aluminium prices. In Europe, shares of Norsk Hydro rose 5 per cent in Oslo.

The events in Guinea are “adding fuel to the fire, not least since the whole bullish narrative for aluminium is about tight supplies”, said Julius Baer analyst Carsten.

An aluminium factory in China (Photo: Aluminium Insider)

Aluminium prices have also been fuelled by production cutbacks in China, where the Communist party is increasing scrutiny over highly polluting industries as it looks to meet its climate goals. A report from Bloomberg on Monday said southern Guangxi province may order production cutbacks in aluminium and steel in a bid to reduce pollution.

Aluminium production in China has already been hit by electricity shortages over the summer, especially in south-west Yunnan province. A drought in China’s Yunnan province has cut the area’s hydropower output, causing shortages and prompting local government to ask aluminium smelters to reduce their usage.

Aluminium prices have risen by about 38% this year. Goldman Sachs increased its 12-month price target for aluminium to $3,200 a tonne.

Abundant reserves of Ingot, aluminum raw material, of Ngoc Diep Joint Stock Company

(Photo: Ngoc Diep Group)

Ngoc Diep Aluminum Joint Stock Company with the Dinostar Aluminum brand, the top aluminium manufacturer in Vietnam, constantly monitors market in order to anticipate and respond appropriately, bringing the highest benefits to customers and partners.

Source: Financial Times, Bloomberg, Reuters

Aluminum prices continuously hit peaks over the first half of 2021

The global aluminum prices in the first six months of 2021 increased continuously, setting multi-year high records. Several fundamental factors are responsible for the sharp volatility in aluminum prices including major country policies, inflation, rising transport costs and imbalance of supply and demand. This trend is expected to continue in the last six months of the year, causing difficulties for manufacturers and the domestic market.

Aluminum prices have continued to rise during the first half of 2021

Aluminum prices traded on the Shanghai Metal Exchange on March 16 hit a nine-year high, at 17,980 CNY/ton ($2,766/ton) and reached an 11-year high at 18,460 CNY/ton ($2,830/ton) on April 16. Aluminium’s LME price climbed to a 3-year high of $2,603/ton in early May.

Countries’ production protection policies

A number of policies in the EU, UK, and Russia, designed to protect domestic aluminum production, have led to a sharp rise in aluminum prices. Many countries accuse China of maintaining an excess of aluminum and steel production and selling at lower prices than the average. The European Union imposed anti-dumping duties ranging from 21.2% to 31.2%, and a temporary additional tax between 19.3% and 46.7% for certain Chinese aluminum products imported into the European Union. The UK officially launched an anti-dumping investigation of Chinese aluminum on June 21. Russian authorities implemented a 15% aluminum export tax from August 1 to the end of the year to protect the domestic defense and construction industries from rising raw material costs.

Moscow levies a 15% tax on aluminum exports to protect the domestic industry (Photo: Reuters)

Inflation and high transportation costs

After a series of massive government fiscal support packages and the Fed’s loosening monetary policy in the context of a strong recovery of the US economy after Covid-19, US inflation has reached a very high level. After a series of massive government fiscal support measures and the Fed’s easing of monetary policy in response to a strong recovery in the US economy following Covid-19, inflation in the US is rising quickly.

US inflation led to a depreciation of the dollar – the international currency of aluminum, contributing to pushing up aluminum prices.

Freight rates have risen sharply globally due to congestion and disruptions to supply chain by the Covid-19 pandemic. “Decade-high ocean freight rates have seen the costs of delivering aluminum skyrocket,” said Jorge Vasquez, founder of consultancy Harbor Aluminum.

Supply and Demand Imbalance

Aluminum supplies are at risk of being squeezed due to anti-pollution policies in China, which accounts for about 60% of global aluminum production. Meanwhile, the United States announced a series of sanctions against Russia over allegations of election interference, cyber security, the conflict in Ukraine, and so on. In 2018, US sanctions against Russia pushed aluminum prices on the London Stock Exchange to a seven-year high.

Global Aluminum demand has increased rapidly (Photo: Ngoc Diep Group)

While the aluminum supply is limited, the demand is still growing steadily. Global economic growth is expected to reach 5.4% in 2021, thanks to a strong recovery in major economies such as the US, China and Europe. When the global economy recovers after the pandemic, aluminum demand rises sharply due to its wide range of uses in transport, construction, electronics, etc. Citi analysts expect global aluminum consumption to grow 6.4% this year to nearly 68 million tons and 4.6% in 2022 to nearly 71 million tons. Citi analysts predict that global aluminum demand will grow 6.4% this year to nearly 68 million tons and another 4.6% in 2022 to nearly 71 million tons. Citi predicts that the world aluminum market will have a surplus of 720,000 tons of aluminum in 2021, but a deficit of 590,000 tons in 2022.

Domestic market difficulties

Domestic aluminum producers report that in the first half of 2021, the availability of raw aluminum will not be sufficient to meet the demands of manufacturers, causing the price of aluminum raw material to continue to rise. Manufacturers are delayed in receiving materials by 2 to 3 months compared to the contract, affecting short-term production. Aluminum’s high world price and rising raw aluminum demand have pushed up the domestic price of aluminum.

To ensure supply for the market, aluminum producers need to be proactive about their raw material sources (Photo: Ngoc Diep Group)

In addition to facing difficulties when raw aluminum increases, the domestic aluminum industry is also under pressure from Chinese enterprises on their own market. Chinese enterprises have been reported to have invested in aluminum factories in Vietnam to avoid Vietnam’s anti-dumping tax and anti-dumping taxes when exporting aluminum to the EU, UK, US and other markets.

Due to the above difficulties, Vietnamese aluminum manufacturers need to have effective risk management solutions, prepare raw materials for long-term use, and optimize organizational and operational capacity in order to maintain production and ensure supply during and after the epidemic. Ngoc Diep Aluminum Joint Stock Company with the Dinostar Aluminum brand is a typical example of proactively sourcing raw materials to ensure production in a volatile market environment. The company’s strong financial position, coupled with proactive stockpiling of raw materials, guarantees a stable supply of raw materials for maintaining production.

In 2021, the company will expand its Dinostar Aluminum factory, increasing its total production scale from 75.000 m2 to almost 12.000 m2 while investing in modern machinery lines equipped with the latest 4.0 technologies. Ngoc Diep Aluminum Joint Stock Company maintains a stable growth rate with outstanding production capacity and the initiative to adapt to the market situation, ensuring an abundant supply of aluminum products and high quality aluminum billets for the market.

Cafef article: https://cafef.vn/gia-nhom-lien-tiep-lap-dinh-trong-6-thang-dau-nam-20210728193905318.chn

Paper packaging market during the first 6 months of the year

According to statistics of the Vietnam Packaging Association, the price of domestic materials such as bales has increased by 40-50% and the price of imported paper has risen by 20-40% in the first six months of 2021.

Price spikes for Asian RCP and OCC recycled paper due to supply crisis

There is a scarcity of RCP paper in Asia, contrary to predictions that supply would increase following China’s import ban in early 2021.

The cause of the supply shortage is being attributed to the global COVID-19 pandemic, which has affected China’s collection and demand for recycled pulp. Furthermore, the push by manufacturers in the US, Europe and Japan to buy stocks also increases the scarcity of exports. Commodity prices have also increased due to rising sea freight rates and difficulties loading RCP containers.

The average price of recycled paper imported into Southeast Asia

The average price of imported recycled paper in Southeast Asia (USD/ton, CIF to major ports) (Source: Vietnam Pulp and Paper Association statistics)

After increasing by 18-25 USD/ton during the first half of June 2021, the price of recycled paper rose again by 5 – 10 USD/ton during July 2021. It has reached a new peak of 285-300 USD/ton on July 15, 2021.

Currently, there is a tight supply, high demand, and high freight rates due to the Covid-19 epidemic. These are causing a difficult situation.

2. The situation of domestic paper production in the first six months of the year

As a result of market pressure, the price of paper materials continuously increased rapidly. Production supply shortages had a significant impact on the production and business situation of Vietnamese packaging companies. Vietnam’s paper production output has declined rapidly since June 2021.

Production output in June 2021 compared with May 2021. (Source: Vietnam Pulp and Paper Association statistics)

Vietnamese packaging businesses are struggling to maintain production due to the volatile market and the government’s economic management policies in light of the pandemic. There has been a large amount of factory closings, production cuts, labor cost reductions, and supply chain disruptions.

3. Vietnamese packaging enterprises actively overcome difficulties during the epidemic season

Ngoc Diep packaging is proactive in the source of stable quality input materials

Many packaging companies have actively controlled and regulated production and business operations during epidemic season. Thanks to the use of modern machinery and equipment, along with the active source of stable raw material, Ngoc Diep Joint Stock Company (Ngoc Diep Packaging) still maintains its market share and thrives in both depth and scale.

In order to meet market demand and fluctuations, and ensure long-term supply of quality products for customers, the company often signs long-term, large-volume raw material supply contracts. As a large-scale company with a long-standing reputation in the market, Ngoc Diep Packaging is always trusted by partners and can negotiate contracts to buy raw materials in bulk at good unit prices.

Having strong financial potential, high-quality human resources, and a good level of expertise, Ngoc Diep Packaging always meets or exceeds the targets, providing impressive revenue growth, and confidently meeting orders of hundreds of millions of products.

Ngoc Diep packaging factory meets orders of up to several hundred million products

In 2020, Ngoc Diep Packaging Factory operated at full capacity, supplying hundreds of millions of products to customers. In 2021, the Company expands the production scale, imports more modern machines and lines, doubles productivity, and applies digital transformation to produce quality packaging products designed to meet the most stringent requirements in both technical and aesthetic terms.

The appication of Pre-Printing technology in carton packaging production

The domestic packaging industry has grown rapidly in recent years. Domestic enterprises invest heavily in manufacturing technology, which helps increase their competitiveness, and generally increase their market shares in packaging in general, and in carton packaging production in particular.

Ngoc Diep Joint Stock Company has invested heavily in production technology in order to meet the demands of customers in terms of quantity, quality, and aesthetics: the latest generation of 8-color Preprint roll printing system according to European standards and a modern Flexo printing system. Besides modern printing methods such as offset printing and flexo printing,… Pre-Printing technology is the latest and most advanced printing technology, applied for bulk orders to produce high quality products. The Pre-printing system from Ngoc Diep Packaging can print up to 8 colors at a speed of more than 200m/min.

Ngoc Diep Group invests in the latest generation of 8-color Pre-Printing system

Pre-printing technology has many advantages, meeting a wide range of requirements including: increased productivity, capacity to handle bulk orders, highly accurate and outstanding print quality.

Pre-printing technology ensures the print quality of Ngoc Diep Packaging products

In order to improve the quality of carton packaging, Ngoc Diep Packaging constantly invests in upgrading PCM color management (Print Color Management) in production, ensuring a stable color quality of all production batch. Our products are strictly inspected in a closed production line (from raw materials to finished products) to meet ISO 9001 and ISO 14001 quality standards.

With outstanding production capacity, Ngoc Diep Packaging can meet large quantities of orders

By utilizing new technologies, carton packaging products can be created while minimizing the impact on the environment and increasing the competitiveness of businesses. It is one of the core development goals of carton packaging businesses.