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.

  1. 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.

DinoStar Aluminum – A typical “green” building material

The trend of using green materials in construction in many advanced countries such as Australia, USA, Germany, Japan, etc. is also becoming increasingly popular in Vietnam in recent years. One of the most prominent is the Ngoc Diep Group with its Dinostar aluminum brand.

The use of “green” materials in construction becomes a global trend

The concept of “green architecture” has gained popularity in advanced countries around the world in the past 15 years. According to a study by BCC Research, the standard work for building materials in Australia is 30-50% of the resources and about one-third of the waste released. Since 2010, the government of this country has taken a very decisive stance in developing plans to guide resource use, reduce waste and our impact on the environment. In the United States, the “green” building system has reached nearly $43.8 billion between 2013 and 2014 and is expected continue to grow at a compound annual rate (CAGR) of 9.5%, which would be over $70 billion in the period 2020-2021.

The Government of Vietnam – one of the top 10 countries most affected by climate change, is also gradually encouraging the construction industry to follow the trend of sustainable development. Following the Decision 567/QD-TTG of the Government aiming to use 20-25% green materials in construction by 2015 and reaching 30-40% by 2020, many companies are researching, developing and applying technology in production to produce products that meet quality standards and are environmentally friendly.

DinoStar “pure” aluminum – A typical “green” building material

Dinostar’s industrial aluminum, construction aluminum, and billet aluminum products are all ROHS certified for health and environmental protection.

Thanks to the relentless efforts of Ngoc Diep Group in researching and applying new technologies to production, DinoStar aluminum has become a pioneer brand in the use of “green” materials. DinoStar is known in the domestic and foreign aluminum market as a “bright spot” for “green” materials that are of international quality, safety and environmental friendliness.

DinoStar Aluminum Factory has a closed and continuous production system from billet casting, aluminum extrusion, powder coating to finished products. The quality management system adheres to the standards ISO 9001: 2015, ISO 14001: 2015, TCVN 12513-2:2018, QCVN 16:2019/BXD; JIS H4100:2015 and EN 755-9:2016.

Aluminum brand DinoStar has passed the rigorous tests of SGS, an international organization specializing in providing inspection, verification, testing and product quality certification for health and safety compliance. DinoStar meets the RoHS (Restrict of Hazardous Substances) standard issued by the European Union restricting the use of hazardous substances in manufacturing.

In addition, the product is also made from high-grade Ingot aluminum material imported from abroad, with the pure aluminum content of up to 99.89% and a limited iron content of only about 0.05%. This number confirms DinoStar’s purity and safety, which makes it a popular example of “green” materials on the market.

DinoStar Aluminum – A “green” material with NGOCDIEPWINDOW adorns sustainable buildings

Dinostar aluminum is the main raw material used to make the quality aluminum doors and facades of NGOCDIEPWINDOW – One of the brands that create value and reputation for Ngoc Diep Group.

NGOCDIEPWINDOW is distinguished by its outstanding properties: Design to withstand heavier loads; painted surface to preserve its beauty over time; effective sound insulation, good heat insulation; … as it is made from Dinostar aluminum. Therefore, the NGOCDIEPWINDOW brand has gradually solidified its position in the domestic and foreign markets, becoming a brand that organizations, contractors and engineers “choose to send gold” to create unique architecture projects.

Among them are large-scale investment projects: Vinhomes Ocean Park, Military Bank – MB Bank, Ecopark, Vinhome Riverside, Regent Hotels & Resorts Phu Quoc, Hoa Phat Dung Quat Steel Industrial Park, General Department Tax, Phenikaa University,…

With “green” material Dinostar, NGOCDIEPWINDOW adorns the beauty of Flamingo Cat Ba Beach Resort.

Dinostar aluminum, which has received many quality certificates (ISO 9001: 2015; ISO 14001: 2015; Certificate of conformity, Certificate of standard powder coating; Jotun certificate of 30-year paint line warranty; Standard certification Rohs standard – Protecting people and the environment) has affirmed its prestige and superior quality compared to common aluminum products on the market and has led the trend of sustainable construction industry development in Vietnam.

Read more about DinoStar Aluminum at Dantri: DinoStar Aluminum – A typical “green” building material

Ngoc Diep Group supports the Covid-19 Prevention Fund of Hung Yen Province

Ngoc Diep Group donated 500 million dong to the Hung Yen province’s Covid epidemic prevention fund, bringing the total amount contributed by the Group to the Government’s Covid-19 epidemic prevention fund to 2.5 billion dong, in response to the Central Committee of the Vietnam Fatherland Front’s call to unite and prevent the Covid-19.

At the Conference to launch the peak wave of support for Covid-19 prevention and control in Hung Yen province, this morning, June 18, 2021, Mr. Tran Dung, Director of Ngoc Diep Aluminum Joint Stock Company represented the Group to present 500 million VND to the People’s Committee of Hung Yen Province.

Mr. Tran Dung, Director of Ngoc Diep Aluminum Joint Stock Company, donated to the Covid-19 prevention and control fund of Hung Yen Province

Previously, on May 27, 2021, Ngoc Diep Group donated 10,000 doses of vaccine worth 2 billion VND to the Government’s Covid-19 Prevention Fund received by the Vietnam Fatherland Front Committee in Hanoi. In addition, since 2020 when the Covid-19 epidemic broke out in Vietnam, the Group has donated medical equipment and supplies worth hundreds of millions of dong to serve the prevention and control of the Covid-19 epidemic in many parts of the country such as Hanoi, Bac Giang, Hung Yen, Ha Giang, etc.

The Group always wishes to unite and participate with the Party and State to limit the impact of the Covid epidemic, ensure the health and social security across the province.

Quality management drives the sustainable growth of Ngoc Diep Group

Improving product quality through quality management helped Ngoc Diep Group enter the “Top 500 Fastest Growing Enterprises in Vietnam 2021”.

Mr. Tran Huu Quan, Deputy General Director of Ngoc Diep Group (standing in the middle of the front row) represented Ngoc Diep Group to receive the title of “Top 500 Fastest Growing Enterprises in Vietnam 2021” from Vietnam Report.

Product and service quality of international standard is one of distinguishing characteristics of a successful business, according to Mr. Dang Duc Thanh – Chairman of the Economists Club, member of the Executive Committee of the Vietnam Chamber of Commerce and Industry (VCCI). Product quality is one of the most important factors affecting our competitiveness with global competitors who possess powerful scale and technology.

In recognition of the critical role of product and service quality to companies’ competitiveness, Ngoc Diep Group has always “Put quality as the center of development”, focusing on quality management as a foundation for sustainable development, according to a representative of the group.

Mr. Tran Dung, Director of Ngoc Diep Aluminum Joint Stock Company under Ngoc Diep Group said that good quality management is fundamental to maintaining and expanding markets, leading to sustainable business growth. Additionally, quality also helps build a reputation for the business and create loyal customers. Multinational companies with a global reach are all businesses with quality products and an effective business strategy.

In early 2021, Ngoc Diep Group continues the modernization of equipment and machinery to serve the Group’s sustainable development goal. In order to meet quality standards, Ngoc Diep Group has developed a systematic research and investment strategy.

The Group has built a Research and Development Center (R&D) equipped with standard measuring equipment. This system includes: spectrum analyzer (aluminum composition analysis), compression tensioner (100 tons material strength measurement), salt sprayer and UV projector to test paint’s durability in harsh environments, laser cutting edge testing machine, impact tester (paint durability test), colorimeter (paint color test), gloss meter, paint color deviation meter, paint thickness gauge. Factory certificates as well as traceability codes are attached to all products before they are released to the market.

A laboratory at the Research and Development Center of Ngoc Diep Group.

As a corporation with 4 member companies operating in the fields of Furniture, Carton Packaging, Windows & Doors and Aluminium, Ngoc Diep Group has a strict product quality control system. DinoStar Aluminum, a product of the group, fully meets the strict quality standards of prestigious national and international organizations: Standards of the Ministry of Construction on aluminum profiles in construction; American ASTM standard used as a regulatory basis to check product quality certification; JIS H4100 standard – Japanese extruded aluminum profile standard; The American AAMA standard, which regulates the quality of powder coating products, includes AAMA 2603 2604 2605.

According to Mr. Tran Thanh Long – Director of the DinoStar Aluminum Factory, over 90% of the factory implements 4.0 automation technology in production, administration, and operation in order to meet quality standards. The introduction of 4.0 technology into each stage helps control goods quality, traceability, maintenance, forecast, arrangements, loading and unloading of goods, etc., contributing to increase productivity, reduce costs, and support sustainable development and create competitiveness in the market.

As a result of the company’s focus on quality management of products and services, Ngoc Diep Group has been ranked “Top 500 Largest Private Enterprises in Vietnam” for many years in a row, by Vietnam Report (based on independent research and evaluation results according to international standards with the consultancy of domestic and foreign advisory councils).

Despite the global pandemic, in 2020, Ngoc Diep Group still ensures jobs and stable income for thousands of employees.

Find more at VnExpress: https://vnexpress.net/tap-doan-ngoc-diep-phat-trien-ben-vung-bang-quan-tri-chat-luong-4289217.html

Ngoc Diep Group donates 10,000 doses of Covid-19 vaccine

As of today, May 27, the Vietnam Fatherland Front in Hanoi has launched the peak season to raise donations to support and combat the Covid-19 epidemic. Since the fourth outbreak, infections have become increasingly complicated in 30 provinces and cities across the country.

Getting everyone vaccinated against COVID-19 is one of the most important strategies to prevent COVID-19 epidemics and bring life back to normal, says Health Minister Nguyen Thanh Long. Hence, mobilizing all resources in society so that Vietnam can continue to vaccinate against Covid 19 as soon as possible and ensure the widest possible access for all is among the most important and urgent tasks.

Mr. Tran Huu Quan, Deputy General Director of Ngoc Diep Group presented the donation to the Hanoi Fatherland Fronts.

The Board of Directors of Ngoc Diep Group decided to give 10,000 doses of Covid-19 vaccine, worth more than 2 billion VND with the desire to contribute to the Party and the State to fight the epidemic. Mr. Tran Huu Quan, Deputy General Director of Ngoc Diep Group granted support to the Hanoi Fatherland Front.

Ngoc Diep Group donates 10,000 doses of vaccine worth 2 billion VND to join hands with the nation to fight the epidemic

Ngoc Diep Group’s donation activities demonstrate the Group’s positive contribution to society, as well as its spirit of solidarity and determination to overcome all difficulties with the country. Ngoc Diep Group hoped that its contribution along with other businesses and organizations would create synergies to tackle the epidemic and restore socio-economic life.

Find more at VnExpress: https://vnexpress.net/tap-doan-ngoc-diep-tang-10-000-lieu-vac-xin-covid-19-4285550.html