Marubeni Invests in Nguyet Minh 2, Expanding Vietnam’s Circular Economy

Ho Chi Minh City, 10 February 2025 – Marubeni Corporation has invested in Nguyet Minh 2 Trading-Services-Environment JSC (NM2), a leading aluminum recycling company in Vietnam, reinforcing its commitment to sustainable investments and the development of a circular economy.

NM2 is an EPR-certified recycler specializing in melting aluminum scrap—primarily used beverage cans (UBCs)—to produce low-carbon aluminum ingots. These ingots emit only 3% of the greenhouse gases compared to primary aluminum production, making them a crucial component in global carbon reduction efforts.

Through this investment, Marubeni aims to:

  • Expand NM2’s recycling operations and production capacity.
  • Ensure a stable, long-term supply of sustainable aluminum.
  • Strengthen Vietnam’s circular economy by reducing environmental impact.

Vilasia advised NM2 on the transaction, providing strategic guidance from pre-transaction structuring through investment negotiations to closing execution. Managing Partner Ngu Truong and Senior Associate Nhan Dang led the advisory team.

“This investment marks a significant step in fostering Vietnam’s resource-circulating economy. We are proud to have supported NM2 in securing this strategic partnership with Marubeni,” said Ngu Truong, Managing Partner at Vilasia.

For Marubeni’s press release, please see here.

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