binh son refining and petrochemicals ipo lures investors

Binh Son Refining and Petrochemical’s IPO lures investors

The initial public offering (IPO) of Binh Son Refining and Petrochemical Company Limited (BSR) in the fourth quarter of this year is expected to lure big investors, especially those with value, given the company’s mammoth capitalisation.
binh son refinery feels opportune time for ipo

Binh Son Refinery feels opportune time for IPO

Vietnam’s first oil refinery, Binh Son Refinery and Petrochemical Co., Ltd., is being eyed by foreign investors. As of late 2015, the company determined its own value at about $3.2 billion, setting firm groundwork for it to conduct an initial public offering and find strategic investors.
dung quat refinery plans for ipo

Dung Quat Refinery plans for IPO

Vietnam’s first oil refinery operator Binh Son Refinery and Petrochemical Co Ltd (BSR) has planned its domestic initial public offering (IPO) with 5-6 per cent of its capital in the fourth quarter of the year.
bsr to sell shares seek out experienced investors

BSR to sell shares, seek out experienced investors

Bình Sơn Refining and Petrochemical Company Limited (BSR), the operating and managing unit for the Dung Quất Refinery, has sent invitations to 15 domestic and foreign investment funds in preparation for its initial public offering (IPO) in the third quarter of 2017.
long son petrochemical complex settles last issues before implementation

Long Son petrochemical complex settles last issues before implementation

In the afternoon of March 29, 2017, PetroVietnam and other involved parties in Long Son Petrochemicals Company Limited (LSP) has signed important documents related to LSP, including a joint venture contract, a company charter, and a capital transfer contract between Qatar Petroleum International Vietnam (QPIV) and Siam Cement Group (SCG), as well as finalised the project’s capital at $5.4 billion.
sovico bsr in investment talks

Sovico, BSR in investment talks

Investment firm Sovico Holdings is in talks with the Bình Sơn Refining and Petrochemical Company (BSR Co Ltd) on exploiting opportunities arising out of the latter’s equitisation process.
scg now sole foreign investor in long son refinery

SCG now sole foreign investor in Long Son refinery

Siam Cement Group (SCG) has finished acquiring the stakes of its former venture partner Qatar Petroleum (QP) in Long Son Petrochemical Complex, as reported by The Bangkok Post.
vietnams sole operating oil refinery sets surprisingly low profit target for 2017

Vietnam’s sole operating oil refinery sets surprisingly low profit target for 2017

Binh Son Refining and Petrochemical Company Limited (BSR), the operator of Dung Quat Refinery, has set its pre-tax profit target at VN1.68 trillion ($73 million) for 2017, which is a lot lower than its actual pre-tax profit of VND5 trillion ($219.45 million) in 2016.
45 billion petrochemical complex looks to get back on track

$4.5 billion petrochemical complex looks to get back on track

The $4.5 billion Long Son Petrochemical Complex in the southern province of Ba Ria-Vung Tau is in the process of picking contractors for main components so as to ensure the project to get back on its right track.
nghi son refinery may not be eligible for preferential selling price

Nghi Son Refinery may not be eligible for preferential selling price

PetroVietnam may not have to purchase the products of Nghi Son Refinery and Petrochemical Complex (NSRP), a joint venture between PetroVietnam, Kuwait Petroleum International, Idemitsu Kosan, and Mitsui Chemical International, at the preferential price earlier agreed upon.
two petrochemistry projects stopped by authorities because of long delays

Two petrochemistry projects stopped by authorities because of long delays

Shortly after the $22 billion petrochemistry & oil refinery project in Binh Dinh province was withdrawn by local authorities because of delay, another project in Can Tho has been stopped for the same reason.
binh son to finance refinery expansion from stellar loan package

Binh Son to finance refinery expansion from stellar loan package

Binh Son Refining and Petrochemical Co., Ltd. (BSR) plans to take up a loan $1.2 billion to enhance and expand its Dung Quat Oil Refinery.
multi billion dollar power complex steps closer to becoming reality

Multi-billion dollar power complex steps closer to becoming reality

The US’ ExxonMobil Corporation is eager to exploit Ca Voi Xanh (Blue Whale) gas field stretching across the central provinces of Quang Nam and Quang Ngai to serve the power and petrochemical industries.
oil giant bsr to exceed output target

Oil giant BSR to exceed output target

The Binh Son Refining and Petrochemical Co Ltd (BSR) has announced that it met its 2016 output target of 5.8 million tonnes 52 days ahead of schedule.
honeywells cps to help dung quat refinery improve efficiency

Honeywell’s CPS to help Dung Quat refinery improve efficiency

Honeywell has announced that Binh Son Refining and Petrochemical, a subsidiary of Vietnam’s state-run oil and gas PetroVietnam will use its new IIoT-based Connected Performance Services (CPS) offering to improve the performance of its manufacturing operations in Binh Son Refining and Petrochemical will use CPS technology which integrates Honeywell UOP’s deep process knowledge to improve refinery and plant performance at its naphtha complex.