MC-Bauchemie cracks open Vietnamese construction chemicals market

November 08, 2017 | 16:00

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Germany's MC-Bauchemie, one of the leading international producers of building chemical products and technologies, marked its official entrance to Vietnam today by setting up a joint venture with a local partner.

MC-BIFI Bauchemie makes its debut

MC-BIFI Bauchemie is the joint venture between the German firm and Vietnamese partner BIFI. It aims to become one of the leading construction chemical groups in Vietnam.

"Our company now operates in 40 countries. We have already been present for some time in Southeast Asia, in Taiwan, Singapore, and Malaysia. We now decided to tap into Vietnam’s fast-growing economy, and BIFI fits very well to us," Nicolaus Muller, managing director of MC Group, told VIR.

"In addition, Vietnam still has many infrastructure projects that need working on. It is a highly attractive market with numerous potential industries, including the energy industry, with both renewable and coal energy," he added.

Established in 2004 with a focus on producing admixture for concrete, cement grinding aids, and mortar, BIFI is now one of the leading construction chemical companies in Vietnam.

BIFI now operates three factories with a total area of over 10,000 square metres in the southern and northern regions. Their key products have been used in many important national hydro-power, bridge, road, and oil refinery projects.

"First we will strengthen MC-BIFIs position in the concrete market by introducing additional solutions for ready-mix and precast companies. We will enhance our product range of admixtures and introduce technical additives," he added.