Cultivating trust, exporting value: PSL Cashew clinches Vietnam Export Product of the Year at Asian Export Awards
Known for its full traceability, PSL Cashew, part of the PSL Group operating under the Pompous Group of Companies, has set new benchmarks for excellence, sustainability, and community values within the global cashew nut industry.
Vietnam has consistently held a prominent position in the global cashew production sector and stands as one of the world's major contributors to the export of cashew kernels. In 2022, its cashew exports were valued at approximately US$3.08 billion, comprising a significant 80% of the world's total cashew production.
Established in 2017, PSL Group is a joint venture between Pompous Group and two Vietnamese companies. PSL Cashew, part of PSL Group, was formed with the goal of leveraging the strengths, expertise, and resources of both sides to establish a global presence and become a major player in the cashew export industry, with a specific focus on Africa and Asia.
As an integral part of the PSL Group, PSL Cashew has swiftly risen to prominence in just six years. The company's core business principles prioritise sustainability, economic profits, and creating value for the communities it serves.
Owning and operating more than 1,800 hectares of cashew farmland and a commanding combined 70,000 tonnes of cashew storage capacity, it specialises in the processing and export of a wide range of cashew products, including their sourcing and cultivation, cashew kernels, and finished items like roasted cashew nuts, spiced cashews, and cashew butter, in accordance with global standards for use in the food industry.
PSL Cashew's global footprint spans continents, with management offices in Vietnam, operational offices and facilities in West Africa (Nigeria, Ivory Coast, Guinea, Ghana), East Africa (Tanzania), and Asia (UAE, Cambodia, Vietnam, Lebanon). Additionally, the company boasts representative offices on several other continents, facilitating effective communication with clients worldwide and ensuring product quality control at every stage of the supply chain.
The company's commitment to maintaining control throughout the supply chain has been a key driver of its success, ensuring that its products meet the highest quality standards. PSL Cashew's closed-loop quality control system guarantees product traceability and quality, enabling food safety and quality assurance for customers, thereby delivering genuine value.
Sustainability and responsibility are fundamental tenets of PSL Cashew's operations and business activities. The company is dedicated to implementing sustainable and responsible practices that have a positive impact on the environment and the communities in which it operates. This commitment to sustainable practices ensures the long-term well-being of the planet and societies.
PSL Cashew's dedication to integrity, transparency, and accountability in decision-making has helped build trust and loyalty amongst its diverse global clients. This trust has also been instrumental in attracting investments and forming strategic partnerships to expand its international reach, ultimately propelling the company towards a sustainable future for everyone.
As a result of these efforts, PSL Cashew, a subsidiary of Pompous Sonthanhphat Limited, secured the Vietnam Export Product of the Year under the Food category at the esteemed Asian Export Awards. In its sixth year, the Asian Export Awards lauds exceptional products and services that have remarkably enhanced a company's business in the regional export scene.
The Asian Export Awards is presented by Manufacturing Asia Magazine. To view the full list of winners, click here. If you want to join the 2024 awards programme and be acclaimed for your exceptional products in the regional export scene, please contact Jane Patiag at [email protected].
