SUSTAINABLE DEVELOPMENT AWARD
On August 2, 2024, at the Unification Hall in Ho Chi Minh City, Duy Tan Plastics Joint Stock Company was honored in the rankings of the “Top 50 Sustainable Development Enterprises in Vietnam 2024” by Nhịp Cầu Đầu Tư magazine.
This is the first time Duy Tan has participated and also the first time it has received this prestigious award for sustainable development. This achievement holds great significance in the journey of a 37-year-old plastic company pursuing a sustainable development strategy.
Over the years, Duy Tan has always considered sustainable development as an important strategy. The company pioneers the strategy of “optimizing sustainable materials”. Duy Tan always uses safe and certified raw materials from reputable suppliers, which are strictly controlled to bring high-quality, durable products to the market.
Especially, the company reduces product/packaging weight by lightweight design innovation, decreases the consumption of virgin plastic in production to optimize material usage, and provides creative solutions to contribute to improving plastic waste recycling and environmental protection, which are current concerns.
FRIENDLY, CREATIVE, AND SUSTAINABLE SOLUTIONS
As a reputable 37-year-old plastic brand in Vietnam, Duy Tan always considers sustainable production, green product development, and promotion of a circular economy as factors affirming the responsibility of an enterprise.
In an effort to achieve the goal of “Reducing plastic and optimizing plastic usage”, recently, Duy Tan has successfully produced a type of lid that is attached to the bottle with a lightweight design, bringing many benefits to plastic recycling. The product is manufactured according to the international BRC Global standard for Packaging and Compliance with the new EU packaging regulations.
Not only producing attached lids for drinking water bottles, but Duy Tan also expands to attached lids for CSD (Carbonated Soft Drink) bottles with a size of 26/22.
For its partner Nestlé, Duy Tan also launched soy sauce and oyster sauce products with a lid that eliminates the guarantee ring, or reduces plastic in packaging, helping to save and significantly reduce plastic waste discharged into the environment…
Recycling is Duy Tan’s priority in all production activities. Waste products (defective, damaged, or broken products, etc.) are 100% recycled and fed back into the input materials. Recycled plastic pellets are used in the thousands of tons each year. Currently, Duy Tan’s packaging products have achieved high recyclability – RRC (recyclable, reusable, or compostable), with some products made entirely from recycled materials, such as pallets and flower pots.
The management system of the Duy Tan factory also meets the ISCC standard for carbon management and sustainability in the supply chain, the SCG Green Choice standard for recycled content and reduced plastic consumption…
Especially, the company’s team always strives to research and improve advanced molds and provide optimal solutions to meet customer standards. Through the “Production and use of environmentally friendly packaging”, Duy Tan is cooperating with many global partners to ensure international quality, environmentally friendly, and safe packaging for users. Typical projects with Motul and Muji include packaging made from recycled plastic (PRC, rPET, rPP) such as water bottles, oil cans, cosmetic boxes, trash cans, etc.
The “Top 50 Sustainable Development Enterprises” program is voted based on the main factors of Environmental Protection, Social Responsibility, and Corporate Governance. The Assessment Council consists of leaders from the Institute of Economic and Circular Research, reputable press agencies, financial and banking enterprises, and technology companies. This is the third year that the award has been given to enterprises that have made efforts to achieve sustainable development goals in Vietnam.
