About us

"Go Global"
Execution Strategy

Now truly global our execution strategy for building our business remains focused around three key areas:

Local knowledge with global considerations and understanding to facilitate project execution and asset optimization. Masan High-Tech Materials knows that a strong local understanding of the local sensitivities of community and customer concerns are critical for successful and sustainable business. We have demonstrated this both in Vietnam for the last 10 years and across the HCS sites over the last 100 years by working proactively with our local communities and global customers base via our local and international management team.

Use our ability to access and optimize capital and cash flows to acquire and develop quality assets. On identification of value accretive scalable assets, Masan High-Tech Materials has demonstrated the ability to access internal and external capital to acquire, develop and stabilize assets to build sustainable long-term shareholder value another excellent example of this area. We delivered on this in 2020 through engaging with MMC to have them inject equity and sign an MoU for technical advancement.

Masan High-Tech Materials remains hedged against commodity price fluctuations through the diversification of its portfolio of metals, minerals and revenue currencies. The HCS acquisition has further decreased tungsten revenue volatility via an expanded product range and through the processing of scraps sourced globally neither of which are index priced.

Community & Social Development Objective

We delivered on our commitment to promote the circular economy. We HCS is the global leader in the recycling of both hard and soft tungsten scrap. Each year HCS’s operations recycle a similar amount of tungsten to the annual tungsten production of the Nui Phao mine.

Our plans for 2020 were focused on four key areas:

• Ensure our industrial chemical products remain the leading products in the eyes of our customers; ensure strong cost effectiveness in the market; Continuous work to enhance our people, processes and systems, to support the changing needs of industrial customers.

• Promote the circular economy through the adoption of “Reduce, Reuse & Recycle” philosophy;

• Safeguard the ecosystems of our people, our environment, our stakeholders; and

• Ensure superior financial results on a long-term sustainable basis. On review we can say that we delivered well on all items.

MHT products maintained market leadership across our indicators; customer complaints, customer ratings, and our ability to maintain pricing advantage against like products demonstrated our delivery on this.

Whilst we did have some incidents across our workplaces in 2020 our trailing indicators further explained later in the report all showed continued strong performance globally.

Sustainability
at Masan High-Tech Materials

Our position on Sustainability remains a matter of public record, and one which we welcome dialogue on. Our delivery of the commitments made enables our people to understand our common approach, our values, how we measure success and the basis for our decision-making.

Within MHT policy is set at a global level, recognizing the requirement to act at a local level. Sustainability is about managing our risks, reducing our adverse environmental, social, economic and cultural impacts, while supporting and sustaining the industries, communities, and environments in which we operate.

We also believe MHT’s sustainability needs to include consideration of global issues such as pandemic management, climate change, supporting and respecting human rights, advocating for social change by supporting the rights of peoples within conflict zones and responsible sourcing initiatives so that end customers have a clear choice available to them on the products and brands they accept.

Across MHT we are determined to make a positive difference.