Tan Hung Co is not one of the leading, but we are the leader of masterbatch and compound manufacturing in Vietnam.
Our business comprises of 5 main product groups: compound, white masterbatch, color masterbatch, additive masterbatch, and filler masterbatch. Four of which we are anchoring at number one, in terms of market share.
We are the largest color masterbatch manufacturer in Vietnam, with over 800 active customers and more than 40% market share. We are also the biggest domestic compound manufacturer and the leader of the premium sector white masterbatch and filler masterbatch, competing directly with Ampacet and Avient (formerly Polyone and Clariant), where customers are more performance-oriented, as opposed to price-oriented.
Our annual output is 60,000
Since our founding, we have been an active part of Vietnam's spontaneous plastic industry for the past 23 years
Tan Hung Co was first founded, specializing in color masterbatch production. The picture above is our first logo, featuring our initials anchoring on top of a simplified color pallete.
Invested in a high-torque high-shear production line from the USA, with automatic dosing and feeding to venture into the white masterbatch manufacturing sector.
The first masterbatch company in Vietnam to expand into PP non-woven application.
Established our R&D division and built a three-story lab for researching and test-production.
Left our rented office to move to our current office that we completely bought and built.
Branched out to compounding and recruited the very first staffs of the division.
Moved our production site separated from our main office to our first plant. This production lot is 16,000 sq. meters in area.
Began expanding our business to markets outside of Vietnam with the establishment of our export department.