Yen Hung Petrochemical Joint Stock Company (YHP)
Yen Hung Petrochemical Joint Stock Company (YHP) is a leading Vietnamese petrochemical company specializing in the storage and distribution of Liquefied Petroleum Gas (LPG). Based in Quang Yen Town, Vietnam, YHP plays a critical role in Vietnam’s energy infrastructure, ensuring a stable and efficient supply of LPG for industrial, commercial, and residential use.
Core Business and Specialization
YHP focuses on LPG storage, processing, and distribution, contributing to Vietnam’s growing demand for clean and efficient energy solutions. The company’s core operations include:
- Liquefied Petroleum Gas (LPG) Storage and Distribution:
- Handling and safely storing large volumes of LPG.
- Ensuring efficient supply chain management for domestic and industrial consumers.
Production Capacity and Infrastructure
YHP operates a state-of-the-art LPG storage and distribution facility, ensuring safe handling, storage, and transportation of liquefied petroleum gas.
- Storage Capacity: Large-scale LPG storage terminals equipped with advanced safety and monitoring systems.
- Distribution Network: Efficient logistics and supply chain ensuring timely delivery to end-users.
- Safety and Compliance: Strict adherence to Vietnamese and international safety regulations.
Financial Performance and Market Reach
YHP has solidified its presence in the Vietnamese energy sector, supplying LPG to industrial and commercial markets across the country.
- Annual Revenue: Estimated between $50 million - $100 million.
- Market Segment: Supplying industrial manufacturers, commercial businesses, and residential users.
- Strategic Partnerships: Collaborating with major energy companies and government agencies.
Certifications and Compliance
YHP adheres to stringent safety, environmental, and quality standards, ensuring compliance with national and international regulations.
- ISO 9001 Certified – Quality management certification for operational excellence.
- HSE (Health, Safety, and Environment) Certified – Ensuring safe handling of hazardous materials.
- Vietnamese Government Energy Regulations Compliance – Meeting local regulatory requirements.
Competitive Advantage and Strengths
YHP differentiates itself as a key player in Vietnam’s petrochemical sector, offering reliable LPG storage and supply solutions.
- Large-Scale LPG Storage Capacity – Ensuring energy security and supply stability.
- Efficient Distribution Network – Optimized logistics and transportation for timely deliveries.
- Advanced Safety Measures – Implementation of global best practices in LPG handling.
- Strong Industry Partnerships – Collaborating with major energy suppliers and government entities.
- Commitment to Sustainability – Focus on clean energy solutions to support Vietnam’s environmental goals.
Customer Testimonials
YHP’s dedication to reliability, safety, and efficiency has made it a trusted partner in the energy sector.
“YHP has been instrumental in ensuring a steady supply of LPG for our manufacturing operations. Their commitment to safety and efficiency is commendable.” – Industrial Client, Vietnam.
Achievements and Milestones
- Expanded LPG storage capacity, reinforcing Vietnam’s energy infrastructure.
- Strengthened partnerships with industrial and commercial LPG consumers, enhancing market reach.
- Maintained a strong safety record, adhering to international energy industry standards.
- Contributed to Vietnam’s clean energy transition, supporting the shift towards sustainable energy solutions.
With a commitment to safety, reliability, and sustainability, Yen Hung Petrochemical Joint Stock Company (YHP) continues to be a leader in Vietnam’s petrochemical industry, ensuring efficient and secure LPG supply for diverse market needs.