Le Hung Manufacturing Co, Ltd neoprene vietnam, 麗興責任有限公司

What Le Hung Manufacturing Co, Ltd neoprene vietnam, 麗興責任有限公司 does

Le Hung Manufacturing Co., Ltd (麗興責任有限公司, Công Ty TNHH Sản Xuất Lệ Hưng) is a Binh Duong, Vietnam-based B2B manufacturer of closed-cell neoprene and specialty foam materials, established in 2017 as a Vietnam extension of Taiwanese parent Andiann Enterprise Corporation (founded 1976, Tainan City). The company operates Vietnam's first neoprene foaming factory in Southern Vietnam and produces a broad portfolio of foam chemistries — SBR, SCR, CR, TPE, NBR, EVA, and AGE — in addition to FSC-certified plant-based Yulex® natural rubber foam offered in four performance grades (Y95-200e, 250e, 350e, 450e). Core technology spans closed-cell foam formulation, precision slicing (thickness 1–30mm), fabric lamination with medical-grade water-based adhesives, custom embossing (shark skin, diamond, crocodile patterns), and breathable punch-hole perforation.

The company's products are primarily sold as raw foam sheets or laminated composites to global brand manufacturers in sportswear, outdoor gear, watersports (wetsuits and diving suits), industrial safety equipment, medical applications, and consumer lifestyle goods (yoga mats, shoe insoles, floating boards). Named enterprise customers include Decathlon, Adidas, Puma, Columbia, Vans, Fox Racing, Gymshark, Bauer, Montbell, REEF, and Petco. Strategic partnership with Yulex provides a defensible sustainable-materials position through FSC, GRS, REACH, and Ozone Resistance certifications.

Le Hung operates a direct enterprise field-sales GTM motion, with customer relationships managed through a custom quotation-based pricing model subject to MOQ and multi-year contracts. Pricing is not publicly disclosed. The company is a privately held limited liability entity, wholly owned under the Andiann parent group, with no external investors, no public listing, no funding rounds, and no disclosed M&A or leadership-change events. Operating geographies are centered on Southeast Asia with global export reach through international brand customers, and the company maintains multi-language commercial presence (English, Traditional Chinese, French, Vietnamese).

Name

Le Hung Manufacturing Co, Ltd neoprene vietnam, 麗興責任有限公司

Legal name

Le Hung Manufacturing Co., Ltd

Website

https://le-hung.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Le Hung Manufacturing is a Vietnam-based B2B manufacturer of neoprene and specialty closed-cell foams (SBR, SCR, CR, TPE, NBR, EVA, plus Yulex plant-based natural rubber), serving global sportswear, outdoor, watersports, medical, and industrial brand customers through a Vietnam factory inherited from Taiwanese parent Andiann Enterprise (founded 1976).

Ownership category

akta.pro rank

Product category

Industrial Foam Materials

NAICS

Urethane and Other Foam Product (except Polystyrene) Manufacturing (32615)

SIC

Plastics Foam Products (3086)

akta.pro primary industry

Foam Conversion & Fabrication (Cutting, Laminating, CNC, Packaging Inserts) (IMANAIAJ)

Keywords

• Neoprene foam manufacturing
• Closed-cell rubber foam
• Yulex plant-based foam
• OEM foam lamination services
• Industrial foam materials

Headquarters

HQ city

Tainan City

HQ country

Taiwan

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Neoprene Foam Products: B2B manufacturing and sale of neoprene foam materials including SBR, SCR, CR, and natural rubber variants. Products sold as raw foam sheets or laminated materials to brand manufacturers.
2. Yulex Sustainable Foam Products: Plant-based neoprene foam products using Yulex technology for eco-conscious brands. Premium pricing for sustainable materials.
3. Custom Manufacturing Services: OEM/ODM services including foam development, fabric lamination, embossing, and perforation. Custom solutions based on client specifications with MOQ requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Le Hung Manufacturing is a B2B neoprene foam producer manufacturing closed-cell foam materials (SBR, SCR, CR, TPE, NBR, EVA, AGE) plus Yulex® plant-based natural rubber foam for global brand manufacturers in sportswear, outdoor gear, medical, and industrial sectors. The company provides custom OEM/ODM services including foam development, precision slicing (1–30mm), fabric lamination, embossing, and perforation. Products are sold as raw foam sheets or laminated materials with MOQ-based custom quotations.

Product overview

Le Hung Manufacturing Co., Ltd is Vietnam's first neoprene foaming factory (established 2017 as a continuation of Taiwan's Andiann Enterprise founded in 1976), offering a comprehensive portfolio of closed-cell foam products and manufacturing services. The core product line includes neoprene foam variants (SBR for medical/sweat belts, SCR for surfing suits, CR for diving/industrial use) and Yulex® plant-based natural rubber foam for eco-conscious applications. Value-added services include custom foam development, precision foam slicing (1-30mm thickness), fabric lamination with water-based/non-toluene adhesives for medical use, embossing (shark skin, diamond, crocodile patterns), and punch hole perforation for breathable neoprene. Yulex foam is available in four performance grades (Y95-200e, Y95-250e, Y95-350e, Y95-450e) differentiated by elongation, hardness, and tensile properties.

Differentiator

Problem solved

Functional benefit

Products and services

• SBR (Styrene Butadiene Rubber) Neoprene Foam Closed-cell SBR neoprene foam for sweat belts and medical protection applications, providing cushioning and resistance properties for OEM manufacturers.
• SCR (Styrene Chloroprene Rubber) Neoprene Foam SCR neoprene foam developed for surfing suits, balancing flexibility, durability, and water resistance for watersports apparel OEMs.
• CR (Chloroprene Rubber) Neoprene Foam Premium CR neoprene foam for diving suits and industrial applications (including horse protection gear), offering watertightness and thermal insulation.
• Yulex® Natural Rubber Foam Plant-based sustainable neoprene foam alternative made from FSC-certified natural rubber, for wetsuits, outdoor gear, athletic supports, car seats, lifestyle bags, and OEM/ODM projects. Available in Y95-200e, Y95-250e, Y95-350e, and Y95-450e variants.
• TPE (Thermoplastic Elastomer) Foam Flexible TPE foam for yoga mats and similar applications, offering elasticity and durability for consumer lifestyle product OEMs.
• NBR (Nitrile Butadiene Rubber) Foam Oil-resistant NBR foam for life vests and buoyancy equipment applications.
• EVA (Ethylene Vinyl Acetate) Foam Lightweight EVA foam for shoe insoles and cushioning applications for footwear OEMs.
• AGE Foam AGE foam material for floating boards and shoe insoles, offering buoyancy and comfort properties.

Quantifiable outcome

• Foam thickness precision: 1mm to 30mm
• +6 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered flagship and core.

• Andiann Enterprise CorporationflagshipStrategic or Co-development Partner · 1 January 1976Parent company and pioneer in foaming technology, established in 1976 in Tainan City, Taiwan. Le Hung Manufacturing was established in 2017 as a continuation of Andiann Enterprise, bringing 40+ years of professional experience in neoprene foam development and production to Vietnam. Andiann Enterprise provides technical expertise, craftsmanship, and legacy quality standards.
• YulexcoreTechnology or IntegrationStrategic partnership with Yulex to offer sustainable, plant-based neoprene foam as an eco-friendly alternative to traditional petroleum-based neoprene. Yulex materials are made from FSC-certified natural rubber and reduce environmental impact without compromising performance. Products include wetsuits, outdoor sports gear, athletic supports, car seat covers, lifestyle bags, and custom OEM/ODM projects. Yulex foam can be laminated with GRS-certified recycled fabrics and water-based adhesives.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Sheico Group: Sheico Group is a Taiwan-headquartered manufacturer of neoprene materials for wetsuits, surfing, and water sports apparel — closely comparable in product category, customer base, and Asian contract-manufacturing model to Le Hung.
• Nam Liong Enterprise: Nam Liong Enterprise is a Taiwan-based manufacturer of rubber, neoprene, and various foam products with multi-decade expertise — a direct comparable to Le Hung's parent Andiann Enterprise heritage and product portfolio.
• Aquatic Development Group: Aquatic Development Group is a Hong Kong/Taiwan-based manufacturer of neoprene-based water sports and aquatic products serving similar OEM brands. Comparable in product category and Asian contract-manufacturing footprint.
• Hevea (formerly Yulex Corporation): Hevea (formerly Yulex) is the original developer and manufacturer of plant-based FSC-certified natural rubber foam (Y95 series) and a strategic partner to Le Hung. It is a direct peer in the bio-based neoprene category.
• Daido Corporation: Daido Corporation is a Japanese foam and elastomer manufacturer producing a wide range of polyurethane, rubber, and specialty foam products. Comparable in foam manufacturing technology and industrial/B2B focus.

Emerging players

• Rashy Inc. Rashy is a smaller manufacturer of neoprene-based rashguards and water sports apparel, with manufacturing presence in Asia. Comparable in the neoprene sportswear niche but at a smaller, more focused scale than Le Hung.

Others

• Hodgson Sealants (Holdings) Limited: Hodgson Sealants is a UK-based manufacturer of foam rubber seals, gaskets, and elastomeric products. Related as an adjacent foam/rubber fabricator with some product overlap in foam conversion and finishing.

Regional players

• Pro-Lite International: Pro-Lite International is a UK-based manufacturer of closed-cell foam and neoprene materials serving European markets. Comparable in product offering (closed-cell foam) but focused on a different geography than Le Hung's Asian operation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/hon-mon-enterprise-co-ltd

Compliance6 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 Le Hung Manufacturing Co, Ltd neoprene vietnam, 麗興責任有限公司