VINACOMIN - MINING CHEMICAL INDUSTRY HOLDING CORPORATION LIMITED

the company introduction for VINACOMIN - MINING CHEMICAL INDUSTRY 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 INDUSTRY HOLDING CORPORATION LIMITED (MICCO)

VINACOMIN - Mining Chemical Industry Holding Corporation Limited (MICCO) is a significant state-owned enterprise in Vietnam, operating as a subsidiary under the umbrella of the Vietnam National Coal and Mineral Industries Group (VINACOMIN).

Core Business Activities:

MICCO is the leading entity in Vietnam specializing in the research, production, supply, and technical services related to industrial explosives and precursors for explosives. Their primary products and services include:

1. Industrial Explosives: Manufacturing a wide range of explosives such as emulsion explosives, ANFO, waterproof explosives, and detonators, primarily for the mining, quarrying, construction (e.g., infrastructure projects like tunnels and roads), and oil & gas exploration industries.

2. Ammonium Nitrate: Production of ammonium nitrate, a key precursor for many industrial explosives and also used as a fertilizer.

3. Chemicals: Production and supply of other industrial chemicals related to their core activities.

4. Technical Services: Providing drilling and blasting services, technical consultation, transportation, and storage of explosive materials.

5. Research & Development: Investing in R&D to improve existing products and develop new technologies in the field of industrial explosives and chemicals.

Market Position:

MICCO plays a crucial role in supporting Vietnam's industrial development, particularly in the extractive industries and large-scale construction projects. They hold a dominant market share in the supply of industrial explosives within Vietnam.

Is it a Factory or a Trader?

VINACOMIN - MINING CHEMICAL INDUSTRY HOLDING CORPORATION LIMITED (MICCO) is primarily a manufacturer (factory-based enterprise).

Reasoning:

Their core operations revolve around the production of industrial explosives, ammonium nitrate, and related chemicals. They own and operate multiple manufacturing plants and facilities across Vietnam dedicated to these production activities.

While they also engage in the supply and distribution of their manufactured products, and may import certain raw materials or specialized components if necessary, their fundamental identity and business model are centered on manufacturing. They are not simply buying and reselling finished goods made by others; they are creating the products themselves.

Therefore, MICCO is definitively a manufacturing entity with extensive production capabilities, making it a "factory" or, more accurately, a corporation that owns and operates multiple factories.

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)