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Foreign ownership ratio in Binh Son Refinery slips
03-06-2020 18:44
From 4.74 per cent two years ago, the foreign ownership ratio in Binh Son Refining and Petrochemical Co., Ltd. (BSR) – the operator of Dung Quat Oil Refinery – has slipped to 0.07 per cent.
Long Son Petrochemical Complex receives $1.4 billion added capital
02-05-2020 21:18
The approval to add $1.386 billion to Long Son Petrochemical Complex is expected to put new wind in the sails of the project which is running significantly behind the schedule.
Dung Quat Oil Refinery may suspend operation due to COVID-19 pandemic
03-04-2020 21:20
In the context of the COVID-19 pandemic, Binh Son Refining and Petrochemical Co., Ltd. (BSR) is considering suspending the operation of Dung Quat Oil Refinery due to overloaded stores until the market recovers.
BSR to languish while waiting for capital for Dung Quat Refinery
18-02-2020 10:39
Despite having gone two-thirds of the way since the investor issued the Front-End Engineering Design (FEED) dossier, the arrangement of investment capital for Dung Quat Oil Refinery remains uncertain.
Ex-PetroVietnam Chairman to be prosecuted for violations in Phu Tho ethanol case
17-02-2020 09:33
The Ministry of Public Security’s Security Investigation Agency has proposed prosecuting Dinh La Thang, former Chairman of the Board of Directors of the Vietnam Oil and Gas Group (PetroVietnam) and nine accomplices on charges of violating regulations on construction works, causing serious consequences at the Petrochemical and Bio-Fuel JSC (PVB) - a subsidiary of this group.
SK Lubricant buys 49 per cent of Mekong Petrochemical
10-02-2020 17:30
SK Lubricants' purchase of Vietnam’s top lubricants company, Mekong Petrochemical JSC, will be a stepping stone for South Korea’s leading lubricants producer to expand its business in this potential market, which is dominated by foreign players.
VNPOLY sells DTY to support medical mask production
08-02-2020 17:49
Vietnam Petrochemical and Fiber JSC (VNPOLY) has recently sold five tonnes of drawn textured yarn (DTY) to Tomihu Medical Equipment Trading JSC, a reputable unit supplying medical equipment, for producing medical masks to prevent the spread of novel coronavirus.
Business wary of 2020 oil projections
16-01-2020 09:00
While global oil supplies in 2019 were vulnerable, the fluctuations have not affected long-term petrol prices, yet business plans for some in the market in 2020 remain complicated.
Nghi Son complex targets sustainable development
29-12-2019 09:00
Nghi Son Refinery and Petrochemical Complex (NSRP) has completed one year of commercial operations, meeting around 33 per cent of Vietnam’s domestic fuel demand and providing a secure supply of energy for the country’s economy. To mark this anniversary, Atsushi Yamamoto, general director of NSRP, talked with VIR’s Kim Oanh about the company’s journey so far and about its role as a vital pillar of the Vietnamese petrochemical industry.
Nghi Son Refinery celebrates first anniversary
13-12-2019 18:05
Nghi Son Refinery and Petrochemical LLC (NSRP) has produced approximately 4.6 million tonnes of petroleum fuel products in its first year, meeting around 33 per cent of Vietnam’s fuel demand. Up to November 2019, NSRP has contributed over VND11.66 trillion ($506.96 million) to the state budget.
SOCAR Trading becomes crude oil supplier of Dung Quat refinery
03-12-2019 15:37
Based on the effectiveness of processing Azeri crude oil as well as the adjustment of import tariff on crude oil to zero, Binh Son Refining and Petrochemical Co., Ltd. (BSR) decided to add this resource to the list of strategic materials in 2020 and upcoming years.
BSR acquired $58.2 million in nine-month pre-tax profit
31-10-2019 17:55
Binh Son Refining and Petrochemical Co., Ltd. (BSR) reported a net revenue of VND73.85 trillion ($3.21 billion), VND2.07 trillion ($90 million) in gross profit, and VND1.34 trillion ($58.26 million) in pre-tax profit in the first nine months of this year.
Doosan Vina exports 12 modules to Ruwais Refinery
12-09-2019 17:03
Doosan Heavy Industries Vietnam – a subsidiary of South Korean conglomerate Doosan Group – based at Dung Quat Economic Zone has just exported the 12 modules of the waste heat recovery equipment to Ruwais Refinery, helping the Abu Dhabi facility save on fuel and improve efficiency.
Long Son Petrochemical Complex to be SCG's model for circular economy
29-08-2019 11:33
Thailand's leading industrial conglomerate SCG wants to turn the $5.4 billion Long Son Petrochemical project in the southern province of Ba Ria Vung Tau into a model for the circular economy.
BSR seeks foreign partners for more multifaceted growth
01-07-2019 16:28
Binh Son Refining and Petrochemical Co., Ltd. (BSR), the managing unit of Dung Quat Oil Refinery, places top priority on international co-operation to attract more resources to increase the productivity and efficiency of its oil refinery operations.
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