The Phu My Urea Plant officially shut down for its scheduled maintenance period starting December 22, 2025, with the maintenance expected to last 38 days.
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This is one of the largest maintenance cycles for the plant, involving over 5,500 tasks. Alongside routine maintenance, PVFCCo – Phu My is also implementing the installation, connection, and integration of nearly 20 critical projects to optimize production and prepare for future initiatives.
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 Workers entering and exiting the maintenance areas are strictly monitored to ensure compliance with security and labor safety regulations.
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To ensure the completion of the extensive workload, this maintenance cycle has mobilized over 1,700 personnel from PVFCCo – Phu My, various units within the Vietnam National Oil and Gas Group (Petrovietnam), and specialized contractors and experts.
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The maintenance work is closely overseen by the PVFCCo – Phu My leadership. (Photo: A delegation led by Mr. Nguyen Xuan Hoa, Chairman of the PVFCCo – Phu My Board of Directors, inspecting the maintenance site at the Phu My Urea Plant.)
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 During the first week of maintenance, the leadership and the Union of the Corporation awarded “on-the-spot” bonuses to outstanding maintenance teams at the site.
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On the 2026 New Year’s Day holiday—the second week of maintenance—Mr. Phan Cong Thanh, General Director of the Corporation, visited the site to inspect the maintenance work and encourage the workers.
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In all maintenance areas, especially critical zones with high workloads such as the Ammonia Workshop, Urea Workshop, and Mechanical Workshop, the work atmosphere is highly focused, urgent, and methodical, with a strong emphasis on safety.
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 Workers are operating with a sense of urgency.
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Workers strictly adhere to safety regulations, fully equipped with protective gear during operations.
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A workspace in the Mechanical Workshop.
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 All parties are coordinating seamlessly during the maintenance process.
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Every operation strictly adheres to technical procedures and safety requirements, leaving no room for complacency or haste.
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Leak detection process.
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 During this maintenance cycle, many new replacement and upgrade projects are being implemented, including several large-scale and highly complex tasks. Notably, the catalyst basket replacement, performed for the first time in 21 years of operation, requires exceptionally strict technical, safety, and execution standards.
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As of now, the maintenance work is progressing on schedule, with no workplace accidents reported. Equipment quality issues are also under control, with no unusual incidents arising.
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Operating independently, the Phu My NPK Plant and the shipping area remain stable. Detailed plans for inventory preparation and scheduling have been established to ensure that PVFCCo – Phu My’s business operations continue uninterrupted throughout the maintenance period.
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– 11:17 08/01/2026
Total Plant Shutdown for Comprehensive Maintenance at Phú Mỹ Fertilizer Plant
On December 22nd, Petrovietnam Fertilizer and Chemicals Corporation (PVFCCo – Phu My, HOSE: DPM) initiated a scheduled shutdown of the Phu My Urea Plant for comprehensive routine maintenance.
Strategic Partnership Signed: PVU Joins Forces with PVFCCo – Phú Mỹ and PV Drilling
On October 31, 2025, in Ho Chi Minh City, as part of the 2025 Graduation Ceremony and the 2025-2026 Academic Year Opening, Vietnam Petroleum University (PVU) signed a comprehensive cooperation agreement with Petrovietnam Fertilizer and Chemicals Corporation (PVFCCo – Phu My, HOSE: DPM) and Petrovietnam Drilling and Well Services Corporation (PV Drilling, HOSE: PVD). This event underscores the commitment of all parties to fostering high-quality human resources, seamlessly integrating education with practical production.
The Stock Delisting Crisis: Why SRF is at Risk of Forced Delisting
The Ho Chi Minh City Stock Exchange (HOSE) has issued a warning to Searefico Joint Stock Company regarding the potential risk of mandatory delisting for its stock symbol, SRF. The exchange has raised concerns about the company’s audited financial statements for the current year, specifically highlighting the presence of a qualified opinion from auditors. If Searefico’s financial reports continue to receive such opinions, HOSE cautions that SRF shares could face compulsory delisting.
