Thuan An Paper Company

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THUAN AN PAPER SERVICE TRADING JOINT STOCK COMPANY

Thuan An Paper Service Trading Joint Stock Company (Thuan An Paper Company) was established in 2017 at Minh Hung 3 Industrial Park, Binh Phuoc Province (its predecessor, Thuan An Manufacturing Co., Ltd., was founded in 1995). Starting as a small-scale packaging company, Thuan An Paper Company has made remarkable progress over nearly 30 years of development and has become one of the leading domestic industrial paper brands in Vietnam. In 2022, the company was honored by the Ministry of Industry and Trade as a 'Prestigious Exporter,' which has become a significant motivation for Thuan An Paper Company to continue pursuing its spirit of 'Passion - Innovation - Breakthrough,' striving for even greater achievements.

As a business specializing in the production of industrial paper for packaging needs across various industries, Thuan An Paper Company has developed two main product lines: Medium and Testliner (used for the outer and corrugated layers of cartons). All products and production processes at Thuan An Paper Company are strictly tested according to the standards: ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. Currently, the company owns 3 production plants with a total capacity of up to 750,000 tons per year, placing it on par with the leading FDI paper mills in the region. The company has become a key supplier of industrial paper for many businesses in markets such as China, Singapore, Thailand, Malaysia, the Philippines, Cambodia, the Middle East, and several countries in East and South Africa.

With the vision of becoming the leading paper manufacturer in Vietnam and the region, continuing to lead the market in terms of scale and technology to enhance competitive advantages in both product quality and cost, Thuan An Paper Company has actively invested in modern machinery and equipment imported from China, the U.S., and Europe. The company has also continued to expand its network of partners and improve management capabilities while fostering human resources through regular training programs. Thanks to the efforts of the leadership team and over 1,000 employees, Thuan An Paper Company is steadily moving toward its dual goals: improving economic efficiency while increasing brand value in the market to meet the ever-growing demand of the domestic and international packaging industries.

In addition to focusing on efficient production to deliver practical value to customers and continuously enhancing the quality of life for employees, Thuan An Paper Company is always committed to investing in and improving its water and air treatment systems for sustainable development. The company is deeply dedicated to the goal of “Developing the factory while protecting the environment,” and continually strives to improve in this area with each stage of its growth.

In 2024, after successfully achieving the goal of upgrading its production capacity at the Minh Hung 3 Industrial Park from 250,000 tons per year to 500,000 tons per year, Thuan An Paper Company will focus its resources on executing its plan for an Initial Public Offering (IPO). This will bring the company closer to its goal of listing its shares on the Ho Chi Minh Stock Exchange (HOSE) in the near future.

Formation and Development Process

1994-1996The journey began with the establishment of the Thuan An Factory in Binh Duong, with an initial production capacity of 16,300 tons per year, dedicated to producing Medium paper.

1994-1996


The journey began with the establishment of the Thuan An Factory in Binh Duong, with an initial production capacity of 16,300 tons per year, dedicated to producing Medium paper.

2005-2008Thuan An expanded its operations by investing in Machines 4 and 5, adding a production capacity of 46,800 tons per year to manufacture both Medium and Testliner paper. This product line enabled Thuan An to become one of the key suppliers to Vietnam's largest packaging factories at the time.

2005-2008

Thuan An expanded its operations by investing in Machines 4 and 5, adding a production capacity of 46,800 tons per year to manufacture both Medium and Testliner paper. This product line enabled Thuan An to become one of the key suppliers to Vietnam's largest packaging factories at the time.

2015Further investments were made with the addition of Machine 6, bringing a production capacity of 78,000 tons per year, focused on high-quality Testliner paper. This increased Thuan An’s total capacity to 124,800 tons per year, with a team of over 300 employees. This period also marked Thuan An’s entry into the export market, supplying products to regional countries like Malaysia and China.

2015

Further investments were made with the addition of Machine 6, bringing a production capacity of 78,000 tons per year, focused on high-quality Testliner paper. This increased Thuan An’s total capacity to 124,800 tons per year, with a team of over 300 employees. This period also marked Thuan An’s entry into the export market, supplying products to regional countries like Malaysia and China.

2019Thuan An initiated the first phase of a new factory project in Chon Thanh, Binh Phuoc, equipped with Machine 7, which added 250,000 tons per year to its production capacity. This expansion brought the combined capacity of Thuan An's two factories to 374,000 tons annually, supported by a workforce of over 500 employees. This stage also saw Thuan An entering new export markets, including Bangladesh, Cambodia, the Philippines, Myanmar, and Thailand. Additionally, new products, such as 100g Testliner and Kraft Top Liner, were introduced to meet essential demands from both domestic and international customers.

2019

Thuan An initiated the first phase of a new factory project in Chon Thanh, Binh Phuoc, equipped with Machine 7, which added 250,000 tons per year to its production capacity. This expansion brought the combined capacity of Thuan An's two factories to 374,000 tons annually, supported by a workforce of over 500 employees. This stage also saw Thuan An entering new export markets, including Bangladesh, Cambodia, the Philippines, Myanmar, and Thailand. Additionally, new products, such as 100g Testliner and Kraft Top Liner, were introduced to meet essential demands from both domestic and international customers.

2023Thuan An Paper Company successfully acquired Khoi Nguyen Paper Company, boosting the total production capacity across its three factories to nearly 500,000 tons per year, positioning it among the top five paper companies in Vietnam. This acquisition, with an added capacity of over 120,000 tons per year, has enabled Thuan An to meet customer demand more efficiently and promptly. Furthermore, it has strengthened the company's capability to expand its market share in African and Middle Eastern regions.

2023

Thuan An Paper Company successfully acquired Khoi Nguyen Paper Company, boosting the total production capacity across its three factories to nearly 500,000 tons per year, positioning it among the top five paper companies in Vietnam. This acquisition, with an added capacity of over 120,000 tons per year, has enabled Thuan An to meet customer demand more efficiently and promptly. Furthermore, it has strengthened the company's capability to expand its market share in African and Middle Eastern regions.

2024The second phase of the Thuan An factory in Binh Phuoc was completed, with an additional production capacity of 250,000 tons per year. This brought the company's total production capacity to over 720,000 tons annually, establishing it as the largest paper factory in Vietnam, specializing in thin-weight Testliner and Medium papers ranging from 70g to 100g.

2024

The second phase of the Thuan An factory in Binh Phuoc was completed, with an additional production capacity of 250,000 tons per year. This brought the company's total production capacity to over 720,000 tons annually, establishing it as the largest paper factory in Vietnam, specializing in thin-weight Testliner and Medium papers ranging from 70g to 100g.

Thuan An Paper Company

Address 1: 259/12, Quarter No. 3, Tan Dinh Ward, Ben Cat Town, Binh Duong Province

Address 2: Lot A, D4 Street, Minh Hung III Industrial Park, Minh Hung Commune, Chon Thanh District, Binh Phuoc Province

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Address 3: Lots H14-H15-H16, D6 Street, Minh Hung III Industrial Park, Minh Hung Ward, Chon Thanh Town, Binh Phuoc Province

Phone Number: 0274 351 3999

Email Address: sales@thuananpaper.com

Website: thuananpaper.com

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