Binh Minh Plastic

What Binh Minh Plastic does

Binh Minh Plastic (Công ty Cổ phần Nhựa Bình Minh) is a Vietnamese manufacturer of plastic building materials founded in 1977 and headquartered at 240 Hậu Giang, Bình Tây Ward, Ho Chi Minh City. The company designs, manufactures, and distributes a comprehensive range of plastic pipes and fittings across four material platforms — PVC-U (20–630 mm diameters), UV-resistant and standard PP-R (20–200 mm), HDPE solid wall (16–1,200 mm), and HDPE double-wall corrugated (110–500 mm) — plus supporting products including PVC solvent cement, electrical conduit pipes, LDPE irrigation pipes, agricultural sprayers, rubber gaskets, and the SANWA sub-brand of water meters and brass valves. All formulations use heavy metal-free additive systems, and products are certified to Vietnamese national regulations (QCVN 16:2019/BXD, QCVN 01-182:2015/BNNPTNT) and international standards (ISO 1452-2, ISO 4427, ISO 15874, DIN 8077/8078, EN 13476, ASTM D2564-12 for solvent cement), with PVC-U and PP-R lines holding Singapore Green Building Product (SGBP) Leader-level certification. Manufacturing runs across 4 factories — in Ho Chi Minh City, Tây Ninh, and Hưng Yên — with 3 ISO 9001/14001-certified and a combined installed capacity of 150,000 tons per year.

The business model is a hybrid hardware-sales operation: unit-priced pipes and fittings sold through separate Northern (Miền Bắc) and Southern (Miền Nam) regional distribution networks to construction dealers, plumbers, and agricultural resellers, complemented by direct enterprise sales for major infrastructure projects such as highways, tunnels, airports, and urban developments. Customer segments span residential, commercial, and industrial construction; agricultural irrigation and spraying; and electrical conduit infrastructure — a horizontal use-case strategy that diversifies exposure across the Vietnamese construction and infrastructure cycle. Pricing is publicly published in VND with regional differentiation, products are marketed through the company website, email newsletter, and customer-support content, and the firm maintains active shareholder disclosures consistent with its public Joint Stock Company structure. SCG Group (Siam Cement Group) is referenced in the company's privacy disclosures as a corporate shareholder for governance and reporting purposes, indicating strategic-affiliation support without a full parent-subsidiary structure in the source data.

Name

Binh Minh Plastic

Legal name

Công ty Cổ phần Nhựa Bình Minh

Website

https://binhminhplastic.com.vn

Company type

Public

Founded year

1977

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Binh Minh Plastic is a Vietnamese public Joint Stock Company founded in 1977 that manufactures and distributes plastic pipes and fittings (PVC-U, PP-R, HDPE) plus accessories across Vietnam via 4 factories with 150,000 tons/year capacity, serving construction, agriculture, and electrical-infrastructure customers.

Ownership category

akta.pro rank

Product category

Plastic Pipes and Fittings

NAICS

Plastics Pipe and Pipe Fitting Manufacturing (326122)

SIC

Plastics Products, Nec (3089)

akta.pro primary industry

Water & Sewer Pipe & Fittings (PVC/HDPE/PP) (IMANADAA)

akta.pro secondary industries

Plumbing & Building Drain/Waste/Vent (DWV) Pipe & Fittings (IMANADAG), Irrigation & Agricultural Pipe & Fittings (IMANADAE), Electrical Conduit & Raceway Systems (PVC/HDPE) (IMANADAC), Stormwater Drainage & Culvert Systems (IMANADAH)

Keywords

• Plastic pipe manufacturing
• PVC pipe fittings
• HDPE piping systems
• Construction materials
• Water supply infrastructure

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Plastic pipe and fitting sales: Manufacturing and selling plastic pipes and fittings including PVC-U, PP-R, HDPE, and related accessories for water supply, drainage, irrigation, and electrical conduit applications

Pricing tiers

Distribution channels3 records

Marketing channels3 records

Core offering

Binh Minh Plastic manufactures and sells a comprehensive range of plastic pipes and fittings (PVC-U, PP-R including UV-resistant, HDPE, and HDPE corrugated) for water supply, drainage, irrigation, and electrical conduit applications. The company also produces PVC solvent cement, agricultural spray bottles, irrigation accessories, rubber seals, and SANWA-branded water meters and brass valves. All products use heavy metal-free additive systems and are certified to ISO, ASTM, DIN, and Vietnamese QCVN standards, with annual production capacity of 150,000 tons across 4 plants.

Product overview

Binh Minh Plastic (Công ty Cổ phần Nhựa Bình Minh) is a Vietnamese manufacturer of plastic building materials established in 1977. The company operates 4 modern manufacturing plants in Ho Chi Minh City, Tay Ninh, and Hung Yen with a production capacity of 150,000 tons/year. The product portfolio centers on plastic pipes and fittings across multiple material types: PVC-U (20-630mm) for water supply and electrical conduit, PP-R and UV-resistant PP-R (20-200mm) for hot/cold water, HDPE (16-1,200mm) and HDPE double-wall corrugated pipes (110-500mm) for drainage. Supporting products include PVC solvent cement (meeting ASTM D2564-12), irrigation accessories, LDPE pipes, spray bottles, rubber seals, and the SANWA sub-brand of water meters and brass valves. All products use heavy metal-free additive systems and have received Singapore Green Building Product (SGBP) certification from SGBC.

Differentiator

Problem solved

Functional benefit

Brands

• SANWA: Sanwa branded products including water meters (single-jet and multi-jet), brass faucets, ball valves, check valves, and angle valves
• NAWAPLASTIC

Products and services

• PVC-U Pipes and Fittings Rigid PVC-U pipes and fittings with diameters from 20mm to 630mm for water supply and underground cable applications, conforming to ISO 1452-2:2009 (TCVN 8491:2011). For construction and infrastructure projects.
• PP-R Pipes and Fittings PP-R pipes and fittings (PP-R80) with diameters from 20mm to 200mm for hot and cold water supply, meeting DIN 8077:2008-09, DIN 8078:2008-09, and ISO 15874 standards. For plumbing and water supply installations.
• UV-Resistant PP-R Pipes and Fittings UV-resistant PP-R pipes and fittings designed for outdoor water supply applications exposed to sunlight. For above-ground plumbing exposed to direct sun.
• HDPE Pipes and Fittings HDPE (High-Density Polyethylene) pipes and fittings with diameters from 16mm to 1,200mm, made from PE100 material, conforming to ISO 4427:2007 (TCVN 7305:2008). For water supply, drainage, and infrastructure.
• HDPE Double-Wall Corrugated Pipes (HDPE Gân) HDPE double-wall corrugated pipes and fittings with diameters from 110mm to 500mm for drainage applications, conforming to EN 13476 standard. For stormwater and underground drainage systems.
• PVC-U Electrical Conduit Pipes and Fittings PVC-U electrical conduit pipes and fittings for protecting underground electrical cables. For electrical infrastructure projects.
• PVC Solvent Cement PVC solvent cement products including standard and odorless variants, meeting ASTM D2564-12 international standard - the first and only product of its kind in Vietnam. For joining PVC-U pipe systems in plumbing and construction.
• PVC-U Pressure Fittings (PN6 & PN15) New PVC-U fittings with PN6 and PN15 pressure ratings for water supply applications requiring different pressure tolerances. Launched June 2025. For construction projects requiring varying pressure-rated fittings.
• PVC-U Pipes (PN6 and PN12 pressure ratings) PVC-U pipes with PN6 and PN12 pressure ratings for water supply applications of varying pressure requirements. Launched 2025. For water supply infrastructure projects.
• Imported PP-R Fittings Imported PP-R fittings launched in 2025 to expand the PP-R product range alongside domestically manufactured PP-R pipes. For plumbing and hot/cold water supply installations.
• Agricultural Spray Bottles Agricultural spray bottles in 1L, 2L, 5L, and 10L capacities for garden watering and pesticide spraying, meeting TCVN 5931:1995 and QCVN 01-182:2015/BNNPTNT standards. For farms and agricultural operators.
• Irrigation Accessories (LDPE) Irrigation accessories including LDPE pipes, fittings, and related components for agricultural irrigation systems. For farms and agricultural water distribution.
• Rubber Seals and Gaskets Rubber seals for pipe connections including PVC-U pipe gaskets, HDPE corrugated pipe gaskets, and PVC-U spare parts gaskets (single flange, double flange, starting gaskets, back check T-gaskets) made from NBR and NR rubber. For pipe joint sealing.
• SANWA Water Meters and Brass Valves SANWA-branded water meters (single-jet and multi-jet) and brass valves including angle valves, rotary valves, flap check valves, lever valves, and faucets. For water distribution systems.

Quantifiable outcome

• HDPE pipes have service life of over 50 years
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• SCG Group (Siam Cement Group)majorStrategic or Co-development PartnerSCG Group is referenced in the company's privacy notices as the parent company/group for data processing purposes. The company handles shareholder data sharing with SCG for corporate governance, reporting, and shareholder obligation purposes.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Others

• Georg Fischer (GF Piping Systems): Swiss-based global manufacturer of plastic and metal piping systems serving water supply, gas, and industrial applications. Overlaps with Binh Minh in PE, PP, and PVC pressure pipe systems for construction and infrastructure.

Regional players

• Hoa Sen Group: Major Vietnamese building materials group producing steel pipes, plastic pipes, roofing, and construction products. Competes with Binh Minh in Vietnamese building materials distribution and PVC pipe categories.
• Dekui Vietnam (Nhựa Dekui): Vietnam-based PVC pipe and fittings manufacturer serving water supply and construction markets. Direct competitor in Vietnam with overlapping PVC-U and fittings product lines.

Broad incumbents

• Aliaxis Group: Global leader in plastic piping systems for plumbing, irrigation, and infrastructure. Comparable in PVC, PP, and PE pipe categories; operates at much larger scale and competes for ASEAN infrastructure projects.
• SCG Chemicals (SCG Group): Parent-affiliated Thai conglomerate that produces chemicals, plastics, and packaging including PVC and PE resins feeding pipe manufacturing. Relevant as the corporate parent of Binh Minh and a major regional player in plastics and building materials.
• Wavin (Orbia): Global plastic pipe solutions provider under Orbia, focused on water supply, sanitation, and stormwater management. Competes directly with Binh Minh in HDPE drainage, PVC water supply, and stormwater pipe categories.
• Rehau Group: German-based polymer products company with significant presence in building solutions including PP-R, PE-Xa, and PVC piping. Competes in the same high-pressure hot/cold water and infrastructure pipe categories as Binh Minh across Southeast Asia.

Direct peers

• Nhựa Tiền Phong (Tien Phong Plastic): Vietnam's largest direct competitor in plastic pipes and fittings (PVC-U, PP-R, HDPE). Operates comparable manufacturing scale and product range, serving the same Vietnamese construction and infrastructure customers.

Emerging players

• Vinyl Technology (Nhựa Việt Pháp / VP Plastic): Vietnamese plastic pipe manufacturer focused on PVC-U and PE pipe systems for water supply and cable protection. Overlaps with Binh Minh in electrical conduit and water supply pipe categories.
• Europipe Vietnam: Vietnamese plastic pipe producer offering PVC-U, PP-R, and HDPE pipes for plumbing and drainage. Comparable product mix and Vietnamese market focus, though at smaller scale than Binh Minh.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/binhminhplastic
• LinkedInlinkedin.com/company/binh-minh-plastics-jsc

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

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 Binh Minh Plastic