Sing Industrial Gas Vietnam Co., Ltd

What Sing Industrial Gas Vietnam Co., Ltd does

Sing Industrial Gas Vietnam Co., Ltd (SIGVN, legal name Sing Industrial Gas Vietnam Co., Ltd) is a private Vietnamese industrial gas manufacturer established in 2010 and headquartered in Ho Chi Minh City. The company operates an air separation plant and an acetylene production plant at its manufacturing facility in My Phuoc 3 Industrial Park, Ben Cat Town, Binh Duong Province, producing Liquid Oxygen (LOX), Liquid Nitrogen (LIN), Liquid Argon (LAR) and Acetylene (C2H2) via cryogenic fractional distillation of atmospheric air and calcium-carbide-based acetylene synthesis. Core products are supplied at purity grades suitable for industrial (99.6% LOX), medical (99.6% LOX, free from CO/CO2/moisture/bacteria), food (food-grade nitrogen, MAP-grade oxygen, 99.9% food-grade CO2 for beverage carbonation), and specialty (Helium, Hydrogen, Ethylene, Ammonia) applications, as well as refrigerant gases including R22, R134A, R404A, R407C and R410A. Distribution is via dedicated logistics fleet, on-site refilling stations, ISO tank and cryogenic bulk delivery, cylinder refills (loose and pallet), and turnkey EPCM pipeline installations, with 24/7 JIT delivery supported by real-time customer inventory monitoring.

The company's revenue model is anchored in direct B2B enterprise gas sales with quote-based pricing and multi-year contracts. Pricing is not publicly disclosed; long-term contract structures are used to fix input costs for clients, mitigating exposure to global fuel and freight volatility. Beyond gas manufacturing, SIGVN generates revenue from tank and ISO tank rental, tank repair and LNG comprehensive inspection, EPCM engineering services, and gas transportation/logistics. Reported customer segments are diverse across verticals: Heavy Industry and Manufacturing (primary), Healthcare and Medical Services, Food and Beverage, Environmental Treatment and Aquaculture, Electronics and Semiconductor, and HVAC and Refrigeration. Listed customer references are unnamed industrial parks, factories, hospitals, steel fabricators, F&B manufacturers, wastewater and shrimp farming operations, and semiconductor firms in Southern Vietnam and Cambodia.

Ownership is concentrated between the Sing Swee Bee (SSB) Group of Singapore (founded 1978), the founding and majority shareholder, and Osaka Gas Liquid Co., Ltd. of Japan, which provided capital and joined management in 2020. No public listing or external venture capital rounds have been disclosed. Headcount is 51–100 employees. SIGVN cites a 50-year Asian industrial gas legacy and holds ISO 9001, ISO 14001 and ISO 45001 certifications, plus registration with Vietnam's Bo Cong Thuong (Ministry of Industry and Trade).

Name

Sing Industrial Gas Vietnam Co., Ltd

Legal name

Sing Industrial Gas Vietnam Co., Ltd

Website

https://sigvn.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Sing Industrial Gas Vietnam Co., Ltd is a Vietnam-based manufacturer of Liquid Oxygen, Liquid Nitrogen, Liquid Argon and Acetylene, supplying industrial, medical, food-grade, and specialty gases plus refrigerants and EPCM pipeline services to factories, hospitals, F&B producers, semiconductor and environmental operators across Southern Vietnam and Cambodia.

Ownership category

akta.pro rank

Product category

Industrial Gas Manufacturing and Supply

NAICS

Industrial Gas Manufacturing (32512), Industrial Gas Manufacturing (325120)

SIC

Chemicals & Allied Products (2800), Wholesale-Chemicals & Allied Products (5160)

akta.pro industry

PRIMARYIMAEACAA

Air Separation (Oxygen/Nitrogen/Argon)

Industrials, Manufacturing & Construction/Chemicals & Industrial Materials/Industrial Gases

SECONDARYIMAEACAF

Medical & Healthcare Gases

Industrials, Manufacturing & Construction/Chemicals & Industrial Materials/Industrial Gases

SECONDARYIMAEACAI

Food & Beverage Gases (Carbonation/Freezing/Packaging)

Industrials, Manufacturing & Construction/Chemicals & Industrial Materials/Industrial Gases

SECONDARYIMAEACAG

Electronics & Semiconductor High-Purity Gases

Industrials, Manufacturing & Construction/Chemicals & Industrial Materials/Industrial Gases

SECONDARYIMAEACAE

Specialty & Calibration Gas Mixtures

Industrials, Manufacturing & Construction/Chemicals & Industrial Materials/Industrial Gases

Keywords

• Industrial gas manufacturing
• Cryogenic air separation
• Acetylene production
• Liquid oxygen supply
• Medical oxygen supply

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Industrial Gas Manufacturing and Distribution: SIGVN manufactures and distributes industrial gases including Liquid Oxygen, Liquid Nitrogen, Liquid Argon, and Acetylene. The company also provides refilling of gas cylinders for compressed Oxygen, Nitrogen, Argon, Carbon Dioxide (CO2), Dissolved Acetylene (D.A), mixed gases, and Ethylene. Gases are supplied as loose cylinder and pallet refills nationwide in Vietnam and to Cambodia.
2. Refrigerant Gas Sales: SIGVN supplies refrigerants including R22, R134A, R401A, R404A, R407C, and R410A, available in disposable cans or cylinders ranging from 13.6kg to 100kg.
3. Specialty Gas Sales: SIGVN provides specialty gases including Helium, Hydrogen, Ethylene, Ammonia, and other specialty gases for semiconductor production, chemical synthesis, and specialized industrial applications.
4. Equipment Rental (ISO Tanks and Storage Tanks): SIGVN offers rental of storage tanks and ISO tanks for on-site gas storage, providing flexible equipment solutions for clients with varying operational scales.
5. EPCM Services (Engineering, Procurement, Construction and Management): SIGVN provides turnkey EPCM services for gas pipeline systems including consulting, designing, and installing Liquid Oxygen station systems, gas purging services, and installation of international-standard storage tanks and pipeline systems across Vietnam and Cambodia.
6. Gas Transportation and Logistics: SIGVN operates a dedicated logistics fleet for the transportation of gases, ensuring 24/7 delivery and supply chain continuity across Vietnam and Cambodia.
7. Tank Repair and LNG Comprehensive Inspection Services: SIGVN provides tank repair services and LNG comprehensive inspection services as part of its technical services offering.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels10 records

Core offering

Sing Industrial Gas Vietnam manufactures and supplies industrial, medical, and food-grade gases — including Liquid Oxygen, Liquid Nitrogen, Liquid Argon, Acetylene, Carbon Dioxide, specialty gases (Helium, Hydrogen, Ethylene, Ammonia), and refrigerant gases — produced at its air separation and acetylene plants in Binh Duong Province, Vietnam. The company also provides complementary technical services such as EPCM for gas pipeline systems, ISO tank rental, tank repair, LNG inspection, and dedicated 24/7 logistics across Vietnam and Cambodia.

Product overview

Sing Industrial Gas Vietnam Co., Ltd is a leading industrial gas manufacturer and supplier in Vietnam offering a comprehensive portfolio of industrial gases (Oxygen, Nitrogen, Argon, Acetylene, CO2, specialty gases), refrigerant gases (R410A, R507, R404A, R134A and others), and technical services (ISO tank rental, tank repair, LNG inspection, cylinder supply, EPCM for gas pipeline systems). Established in 2010, the company operates an air separation plant to produce liquid and gaseous forms of oxygen, nitrogen, and argon, while also manufacturing acetylene on-site. The company supplies gases in various forms including high-pressure cylinders, bulk liquid (LOX, LIN, LAR), and ISO tanks, serving industrial, medical, food-grade, and specialty applications across Vietnam and Cambodia.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Oxygen (O2) Industrial and medical-grade oxygen supplied in gaseous or liquid (LOX) form at 99.6% purity. Industrial oxygen serves welding, cutting, metallurgy, and combustion processes; medical oxygen is free from CO, CO2, moisture, and bacteria for hospital and ventilator use; food-grade oxygen supports Modified Atmosphere Packaging and aquaculture aeration.
• Industrial Nitrogen (N2) High-purity nitrogen gas supplied in gaseous or liquid (LIN) form for food-grade preservation, Modified Atmosphere Packaging, semiconductor manufacturing, cryogenic freezing, and as an inert atmosphere in chemical processes.
• Industrial Argon (Ar) High-purity argon gas separated via cryogenic distillation, supplied for use as a shielding gas in TIG/MIG welding, light bulb and electronics manufacturing, and semiconductor production.
• Acetylene (C2H2) High-purity acetylene gas with flame temperatures up to 3,150°C when combined with oxygen, used for high-performance metal welding and cutting. Production is governed by ISO 9001, ISO 14001, and ISO 45001 standards.
• Food-Grade Carbon Dioxide (CO2) 99.9% purity food-grade liquid CO2 (LCO2) supplied via cryogenic tank systems and precision vaporization for beverage carbonation, supporting uninterrupted high-capacity bottling lines.
• Specialty Gases Specialty gases including Helium, Hydrogen, Ethylene, and Ammonia supplied for semiconductor production, aerospace, and chemical synthesis applications.
• Refrigerant Gases Refrigerants including R22, R134A, R401A, R404A, R407C, R410A, and R507 supplied in disposable cans or cylinders ranging from 13.6kg to 100kg for HVAC and refrigeration applications.
• Industrial Gas Cylinders and Refilling Supply of industrial gas cylinders (40L, 50L) and refilling services for compressed Oxygen, Nitrogen, Argon, CO2, Dissolved Acetylene (D.A), mixed gases, and Ethylene, available as loose cylinder and pallet refills nationwide in Vietnam and Cambodia.
• ISO Tank Rental Rental of ISO tanks, storage tanks, and LGC/DPL (Liquid Gas Cylinder) options for on-site bulk gas storage, providing flexible equipment solutions for clients with varying operational scales.
• EPCM Services for Gas Pipeline Systems Turnkey Engineering, Procurement, Construction and Management services for gas pipeline systems, including consulting, designing, and installing Liquid Oxygen station systems, gas purging services, and installation of international-standard storage tanks and pipeline systems across Vietnam and Cambodia.
• Tank Repair Services Maintenance and repair services for industrial gas storage tanks and cryogenic equipment.
• LNG Comprehensive Inspection Comprehensive testing and inspection services for LNG systems and cryogenic storage infrastructure.
• Gas Transportation and Logistics Dedicated logistics fleet for transportation of gases, ensuring 24/7 delivery and supply chain continuity across Vietnam and Cambodia, with Just-in-Time (JIT) delivery and advanced real-time inventory monitoring systems.

Quantifiable outcome

• Oxy-fuel combustion technology reduces fuel consumption (gas, oil, coal) by 20-40%
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Air Liquide Vietnam: Air Liquide is a top-three global industrial gas producer with active Vietnam operations (including a large air separation unit in the south) serving electronics, steel, and healthcare customers. It competes head-to-head with SIGVN for enterprise contracts and represents the most direct large-scale competitor.
• Messer Vietnam (Messer SE & Co. KGaA): Messer is the largest privately held industrial gas company globally, with growing Southeast Asia operations including Vietnam. It supplies oxygen, nitrogen, argon, CO2, and specialty gases via air separation plants and competes for similar welding, metalworking, and F&B accounts as SIGVN.
• Air Products Vietnam: Air Products is a major US-based industrial gas company with hydrogen, helium, and ASU operations across Asia. Its Vietnam presence and focus on electronics-grade and on-site gas supply compete with SIGVN's specialty and bulk gas offerings, particularly for semiconductor and large industrial customers.
• Linde plc (Vietnam operations): Linde is one of the world's largest industrial gas companies and operates a significant Vietnam business (formerly BOC Vietnam / Sapaco) supplying oxygen, nitrogen, argon, hydrogen, and specialty gases to the same steel, healthcare, electronics, and F&B customers SIGVN targets. It is the dominant benchmark competitor in Vietnam.

Regional players

• Yingde Gases Group: Yingde Gases is one of China's largest independent industrial gas producers with on-site pipeline supply business across China. While not directly operating in Vietnam, it is a regional comparable in scale and business model — private industrial gas manufacturer with on-site and merchant supply — and could enter Vietnam over time.
• Iwatani Corporation: Iwatani is a Japanese industrial gas specialist with strong Asia-Pacific footprint in helium, hydrogen, and LP gas. While its primary presence is Japan, it serves Japanese manufacturers across Southeast Asia and is comparable to SIGVN's strategy of leveraging Japanese customer relationships in Vietnam.
• SOL Group (SOL S.p.A.): SOL is a European-headquartered industrial gas and homecare medical gas company. While primarily operating in Europe, it is comparable to SIGVN as a mid-sized, multi-country industrial gas manufacturer with medical oxygen and specialty gas offerings and similar on-site / merchant distribution model.

Broad incumbents

• Air Water Inc. Air Water is a Japanese diversified industrial gas and chemical company with operations across Asia. It is comparable to SIGVN's Japanese-customer focus via OGL relationship, and its portfolio of industrial gases, specialty gases, and medical gases mirrors SIGVN's multi-gas offering.
• Taiyo Nippon Sanso (Nippon Sanso Holdings): Taiyo Nippon Sanso is Japan's largest industrial gas company and operates globally (formerly part of Air Water). Its semiconductor and electronics-grade gas business and growing Asia presence make it a relevant broad incumbent comparable to SIGVN's specialty gas ambitions, particularly for Japanese fabs in Vietnam.

Others

• Osaka Gas Liquid Co., Ltd. Osaka Gas Liquid is a Japanese industrial gas manufacturer that invested in SIGVN in 2020 and participates in management. As SIGVN's strategic capital partner and Japanese-market bridge, it is a closely related industry peer rather than a direct competitor in Vietnam.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/sigvn_vietnam
• Facebookfacebook.com/sigvn.gases
• Instagraminstagram.com/sigvn.gases
• Pinterestpinterest.com/sigvn
• LinkedInlinkedin.com/company/sigvietnam

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sing Industrial Gas Vietnam Co., Ltd