PM Thoresen Asia Holdings Plc. is the holding company that owns 100%of shares in Baconco Co., Ltd. ("Baconco") and PM Thoresen Asia (Singapore) Pte. Ltd. ("PMTS"). Baconco operates the agrochemical business and factory area leasing service in Vietnam whereas PMTS handles the raw material procurement to support Baconco's agrochemical business.
Baconco boasts the largest NPK production facility in one single location in Vietnam. Baconco produced tailored NPK compound, bulk blending and compacted fertilizer for customers’ needs for coffee, rice, rubber, vegetables and various other crops. Baconco has continuously made a push to boost exports, establishing a strong reputation for its distinctive "Stork" brand in markets in Africa, MEA and SEA.
Factory Area Leasing Business
Baconco is located in Southern Vietnam at the Phu My I Industrial Park, Baria Vung Tau, which is 70 kilometers from Ho Chi Minh City. The Phu My I Industrial Park is one of Vietnam's export centers in the South therefore, Baconco benefits from the demand for storage of goods and raw materials prior to shipping or logistics with its 70,000 sqm. warehouses.
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