Chemical Industry Engineering

Name

Chemical Industry Engineering

Legal name

Công ty Cổ phần Thiết kế Công nghiệp hóa chất

Website

https://ceco.com.vn

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Engineering Design and FEED Services: Provides front-end engineering design and detailed engineering design services for industrial construction projects across chemicals, petrochemicals, fertilizers, and energy sectors.
2. EPC/Turnkey Contracts: CECO serves as main contractor or consortium member for EPC (Engineering, Procurement, Construction) and turnkey projects, including project management consultancy (PMC) and construction supervision.
3. Investment and Environmental Consulting: Provides investment consultancy including feasibility studies, environmental impact assessments (EIA), and technology selection advisory services.
4. Real Estate Leasing: CECO leases office space, warehouses, factories, and commercial stalls at company-owned properties in Hanoi, Ho Chi Minh City, and Dong Nai.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

CECO provides engineering consulting and EPC contracting services for the chemical, petrochemical, fertilizer, petroleum, energy, mining, and environmental sectors in Vietnam. The company delivers integrated services spanning investment consultancy, environmental impact assessment, FEED/detailed design, project management consultancy, construction supervision, and turnkey EPC project execution. It also operates a minor real estate leasing business at owned properties.

Product overview

CECO (Chemical Industry Engineering Joint Stock Company) is an engineering consulting and construction contractor providing a comprehensive suite of services for the chemical and petroleum industries. The company operates across multiple service lines including Investment Consultancy, Environmental Impact Assessment, Engineering Design/FEED, Project Management Consultancy (PMC), Construction Supervision (CM), and EPC/Turnkey services. Additionally, they offer Real Estate services for renting space, warehouses, factories, and offices. The company serves diverse industrial sectors including chemicals, industrial gases, fertilizers, petrochemicals, petroleum, power & utilities, environmental/waste treatment, food/life science, mineral industry, and rubber products.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Consultancy Services Provides investment consultation for industrial project development stages, including feasibility studies, technology selection, and investment cost optimization, aimed at enterprises planning chemical, petrochemical, or fertilizer facilities.
• Environmental Impact Assessment (EIA) Environmental impact assessment services delivered as a member of the Voluntary Social Responsibility Council of Chemical Enterprises (VRRC), supporting regulatory compliance for chemical industry projects.
• Engineering Design / FEED Front-end engineering design and detailed engineering design services for industrial projects where design quality determines project outcomes; applied across chemicals, fertilizers, petrochemicals, and energy sectors.
• Project Management Consultancy (PMC) and Construction Supervision (CM) Project management consultancy and construction supervision services that oversee execution of industrial projects to ensure schedule, quality, and specification adherence.
• EPC / Turnkey Services Engineering, Procurement, and Construction (EPC) and turnkey project delivery executed via an in-house system of machinery and processes aligned with domestic and international regulations, including EPCm models and consortium execution.
• Real Estate Leasing Services Leasing of office space, warehouses, factories, residential houses, shops, and commercial stalls at company-owned properties located in Hanoi, Ho Chi Minh City, and Dong Nai.

Quantifiable outcome

• Successfully completed numerous projects across Vietnam with various scale indicators from small chemical plants to large fertilizer complexes with 660,000 ton/year capacity

Named customers12 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit)coreStrategic or Co-development Partner · 1 September 2025CECO participates in GIZ-managed programs on green hydrogen development in Vietnam, including the 'Sáng kiến Xuất khẩu Năng lượng' (Energy Export Initiative) under BMWE, contributing expertise in green hydrogen feasibility studies and technology advisory.
• AHK Vietnam (German Chamber of Commerce Abroad)minorGTM or Marketing Partner · 1 September 2025AHK Vietnam organized the 'Production and Storage of Green Hydrogen' delegation program in Germany, in which CECO participated alongside VINACHEM and other Vietnamese companies.
• CDIC (Công ty Cổ phần Tư vấn Khảo sát Thiết kế Xây dựng Hà Nội)coreStrategic or Co-development Partner · 1 August 2025CECO-CDIC consortium formed to execute Contract Package 04 for MICCO's Ammonia Plant project, with CDIC providing geological survey and design capabilities while CECO leads overall project consultancy.
• PTSC Thanh Hóa - CECO - PEC ConsortiumcoreStrategic or Co-development Partner · 1 February 2025Joint consortium (PTSC Thanh Hóa - CECO - PEC) executing turnkey contract for Nam Đình Vũ Chemical Storage Project, with CECO providing engineering consultancy within the consortium structure.
• Vietnam Chemical Group (Vinachem)coreStrategic or Co-development PartnerParent organization and primary strategic partner, providing preferential access to state projects, industry connections, and alignment with national chemical industry development goals.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Fluor Corporation: US-based global EPC firm with energy and chemical project capabilities; CECO's information-exchange partner and a broader incumbent competing for similar work across Asia.
• TechnipFMC: Global EPC leader in petrochemical, refining, and energy projects; existing technology-exchange partner of CECO and a potential competitor on large Vietnam-based chemical and petrochemical mandates.
• JGC Corporation: Japanese engineering and EPC major with deep petrochemical and hydrogen project experience; cooperation partner of CECO on Vietnamese chemical industry projects.
• Toyo Engineering Corporation: Japanese EPC contractor specializing in petrochemical, fertilizer, and hydrogen plants globally — directly comparable specialty to CECO's chemical industry engineering focus.
• Exyte (formerly M+W Group): German high-tech facility and engineering firm with chemical/pharma project experience; existing project-cooperation partner of CECO in Vietnam.

Direct peers

• CDIC (Hanoi Survey Design Construction JSC): Vietnamese engineering consultancy that pairs with CECO in the CECO-CDIC consortium for MICCO's Ammonia Plant, offering overlapping design, survey, and construction supervision services to Vietnam's industrial sector.
• PetroVietnam Technical Services Corporation (PTSC): Vietnamese state-owned EPC and technical services firm serving oil & gas and petrochemical clients; forms consortiums with CECO on turnkey projects such as Nam Đình Vũ Chemical Storage, making it the closest direct competitor-and-partner.

Regional players

• FECON Corporation: Vietnamese engineering and foundation contractor delivering civil, infrastructure, and industrial construction services; competes for parts of the industrial project delivery chain where CECO also operates.
• Vinaconex Engineering JSC: Vietnamese engineering and construction company serving industrial and infrastructure clients domestically; overlap with CECO in project management and consulting services within Vietnam.
• Construction Corporation No.1 (CC1): Large Vietnamese state-owned construction and engineering general contractor active in industrial and infrastructure projects across Vietnam, with comparable EPC capabilities to CECO.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC... (referenced on website footer)
• Facebookfacebook.com/cecovn
• Instagraminstagram.com/ceco (referenced on website footer)

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 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 Chemical Industry Engineering