Established in 2014 in Thai Nguyen province, the subject is specialized in manufacturing midstream tungsten products for important industries such as machine and tool engineering, mining, automotive, energy, aviation and chemical industries… Its products are ammonium paratungstate (APT), blue tungsten oxide (BTO), yellow tungsten oxide (YTO) and sodium tungstate (ST). They are exported to many foreign markets like Germany, Japan, Czech Republic and Netherlands. As reported, the company operated ineffectively and suffered heavy losses in 2019 and 2020. However, its business results have been impressive in two recent years. The company presented huge revenue and its profit was good since 2021.According to public sources, entering 2023, business is recovering in many regions such as Europe, Middle East, Africa, etc. US inflation has been falling for consecutive months, supply chains are no longer congested. Economic activity has picked up, and central banks have reduced interest rate increases. Therefore, tungsten prices are likely to stabilize during the year. This might impact positively business manufacturing activities as well business results of the subject company in this year.
Headquarters
Suoi Cat Hamlet, Ha Thuong Commune
Thai Nguyen; North Eastern Vietnam;
Postal Code: 24000
Contact Details: Purchase the Masan Tungsten Limited Liability Company report to view the information.
EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.
Request a demo of the EMIS serviceTo view more information, Request a demonstration of the EMIS service