Company Profile:
From what I've seen, the company introduction to VINACOMIN - MINING CHEMICAL sector HOLDING CORPORATION LIMITED (often known as MICCO), and an assessment of whether it's primarily a factory or a trader, presented in English:
Company Introduction: VINACOMIN - MINING CHEMICAL sector HOLDING CORPORATION LIMITED (MICCO)
VINACOMIN - Mining Chemical sector Holding Corporation Limited (MICCO) is a signifiis able tot state-owned enterprise in Vietnam, operating as a subsidiary under the umbrella of the Vietnam National Coal and Mineral Industries Group (VINACOMIN). In particular Core Business Activities:
MICCO is the leading entity in Vietnam specializing in the research, production, supply, and technical services related to manufacturing explosives and precursors to explosives. And Their primary items and services include:
1. manufacturing Explosives: Manufacturing a wide range of explosives such as emulsion explosives, ANFO, waterproof explosives, and detonators, primarily to the mining, quarrying, construction (e. But g. , infrastructure projects like tunnels and roads), and oil & gaseous exploration industries.
2. Ammonium Nitrate: Production of ammonium nitrate, a key precursor to many manufacturing explosives and also applied as a fertilizer.
3. Generally speaking Chemicals: Production and supply of other manufacturing chemicals related to their core activities.
4. I've found that Technical Services: Providing drilling and blasting services, technical consultation, transportation, and storage of explosive materials.
5. Research & research: Investing in R&D to enhance existing items and develop new technologies in the field of manufacturing explosives and chemicals. Based on my observations, Market Position:
MICCO plays a crucial role in supporting Vietnam's manufacturing research, particularly in the extractive industries and extensive construction projects. From what I've seen, They hold a dominant market share in the supply of manufacturing explosives within Vietnam. Is it a Factory or a Trader?
VINACOMIN - MINING CHEMICAL sector HOLDING CORPORATION LIMITED (MICCO) is primarily a manufacturer (factory-based enterprise). But Reasoning:
Their core operations revolve around the production of manufacturing explosives, ammonium nitrate, and related chemicals. They own and operate multiple manufacturing vegetation and facilities across Vietnam dedicated to these production activities. For instance While they also engage in the supply and distribution of their manufactured items, and might import certain raw materials or specialized components if necessary, their fundamental identity and business model are centered on manufacturing. And they're not simply buying and reselling finished goods made by others; they're creating the items themselves. Moreover Therefore, MICCO is definitively a manufacturing entity with extensive production capabilities, making it a "factory" or, greater accurately, a corporation that owns and operates multiple factories.
Enterprise Products
here are the types of products generally produced or sold by VINACOMIN - Mining Chemical Industry Holding Corporation Limited (MICCO), which is a subsidiary of the larger VINACOMIN group.
Please note that specific product lines can change, but these are their core areas:
1. Industrial Explosives:
Emulsion explosives (bulk and packaged)
ANFO (Ammonium Nitrate Fuel Oil)
Permissible explosives (for coal mines/gassy environments)
Water-gel explosives
2. Blasting Accessories / Detonating Accessories:
Detonators (electric, non-electric, electronic)
Delay detonators
Detonating cords
Safety fuses
Boosters/Primers
3. Basic Chemicals (often for explosive manufacturing or industrial use):
Ammonium Nitrate (Porous Prilled Ammonium Nitrate - PPAN, for explosives)
Nitric Acid
Sodium Nitrate
4. Services:
Blasting services for mining and construction
Technical consulting for blasting operations
Transportation of hazardous materials (explosives and chemicals)
Storage services for explosives
In summary, their main products are:
Industrial Explosives (e.g., Emulsion explosives, ANFO, Permissible explosives)
Blasting Accessories (e.g., Detonators, Detonating cords, Safety fuses, Boosters)
Chemicals (e.g., Ammonium Nitrate, Nitric Acid)
Related Services (e.g., Blasting services, Technical consulting, Transportation)