For many years, mixed rubber (Mixture) has been one of Vietnam’s key export rubber products, consistently accounting for over 60% of the nation’s total rubber exports. The Vietnam Rubber Group (VRG) is now leveraging significant advantages in producing mixed rubber (CSHH) using natural rubber (CSTN).
In 2023 alone, VRG plans to produce 20,600 tons of mixed rubber, featuring two main products under its brand — VRG SVR 3L Mix and VRG SVR 10 Mix — both selling at prices VND 350,000–400,000 higher per ton compared to standard SVR 3L and SVR 10.
Mixed Rubber: Vietnam’s Leading Export Line
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Mixed rubber is a compound made by blending natural rubber (NR) with synthetic rubber (SR).
According to data from the General Department of Vietnam Customs, this product category remains Vietnam’s top rubber export, with 1.19 million tons exported in 2021 (62.6% market share) and 1.3 million tons in 2022 (60.6% market share).
“Many of VRG’s long-term clients have requested large volumes of mixed rubber at competitive prices and are willing to sign long-term offtake agreements,” said Mr. Huynh Tan Sieu, Head of VRG’s Industrial Department.
“Expanding mixed rubber production will help diversify products, enhance competitiveness, and improve business efficiency.”
20,600 Tons of Mixed Rubber Production in 2023
VRG began R&D and pilot production of mixed rubber in 2020, studying manufacturing technologies and testing output at several factories. By April 2022, VRG issued technical and process standards (TCCS) for the new line.
In 2023, production was officially expanded to 13 member companies, including Loc Ninh, Hoa Binh, Quang Nam, Dien Bien, Son La, Hoang Anh Mang Yang K, Phu Thinh, Chu Mom Ray, Krong Buk Ratanakiri, Vketi, Mekong, Dau Tieng Viet Lao, and Kon Tum.
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Chu Mom Ray Rubber began stable production of SVR 10 Mix in mid-June 2023, reaching 1,500 tons by late July and selling at prices VND 350,000 higher per ton than SVR 10.
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Kon Tum Rubber started in late July, producing 139 tons and securing contracts at VND 400,000 higher per tonthan SVR 10.
Both companies received positive feedback from international buyers, who praised the consistency and quality of VRG’s mixed rubber.
Higher Selling Prices and Profit Margins
VRG’s SVR 10 Mix meets all physical and chemical standards (TCCS 116:2023), achieving uniform texture and superior quality. Despite slightly higher processing costs (around VND 250,000 per ton), profit margins increased by roughly VND 100,000 per ton compared with traditional SVR 10.
As production scales up, cost efficiency is expected to improve further — especially when synthetic rubber prices (SBR 1502) fall.
“With larger volumes, mixed rubber could generate even higher profitability, particularly for SVR 3L Mix,” Mr. Sieu added.
Strategic Advantages for VRG
VRG possesses clear advantages:
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Strong brand reputation and trusted quality under the VRG trademark
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Existing infrastructure adaptable for mixed rubber production with minimal investment (~VND 400 million)
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High-quality raw materials and experienced technicians across member companies
Mixed rubber’s quality standards are easier to meet than for natural rubber, while still achieving strong export competitiveness.
Growing Market Demand
Leading buyers such as Sailun, Marubeni, Van Xuan, Van Loi, Mai Vinh, and Lien Anh have already placed large orders for VRG’s mixed rubber products, attracted by its quality and cost advantages.
With strong processing capacity, consistent quality, and diversified markets, mixed rubber production is set to become a sustainable growth driver for VRG — especially for its Central Highlands, Central Coast, and Northern Mountain region subsidiaries.