nghi son refinery and petrochemicals heading for insolvency

Nghi Son Refinery and Petrochemicals heading for insolvency

Unless PetroVietnam contributes sufficient capital to its joint venture project, lenders will not disburse and Nghi Son Refinery and Petrochemicals LLC (NSRP) will default.  
samsung wins epc contract for long son petrochemical complex

Samsung wins EPC contract for Long Son Petrochemical complex

Samsung Engineering Co., Ltd. has released that it won an engineering, procurement, and construction (EPC) contract worth $536.7 million for Long Son Petrochemical Complex (LSPC) located in Long Son commune of Ba Ria-Vung Tau province, according to newswire Business Korea.   
bsr may take one more year for the second share sale

BSR may take one more year for the second share sale

Binh Son Refining and Petrochemical Co., Ltd. (BSR), the operator of Dung Quat Refinery, will divest the state-owned stake by putting the shares on sale on the stock exchange, instead of offering it to strategic investors as initially planned. Indian Oil Corporation is the most promising investor in the second auction.   
bsr considers second share sale before listing

BSR considers second share sale before listing

Binh Son Refining and Petrochemical Co., Ltd. (BSR), the operator of Dung Quat Refinery, is considering putting more shares on sale before listing its shares on the Ho Chi Minh City Stock Exchange in April next year.
former chairman of pvtex guilty of bribery

Former chairman of PVTex guilty of bribery

After receiving a gift of shares worth VND3 billion, former chairman of PetroVietnam Petrochemical and Textile Fiber JSC (PVTex) has assigned a contractor without organising a bidding.
dung quat oil refinery among top 10 green factories

Dung Quat oil refinery among top 10 green factories

The Dung Quat Oil Refinery operated by Binh Son Refining and Petrochemical Joint Stock Company (BSR) has been in top ten eco-friendly factories in Vietnam for the second consecutive year.
bayer raises us 7b in new capital to finance monsanto deal

Bayer raises US$7b in new capital to finance Monsanto deal

BERLIN: German pharmaceutical and chemical giant Bayer said on Sunday (Jun 3) it will raise up to €6 billion (US$7 billion) in fresh capital to help finance its takeover of US agrochemicals group Monsanto.
arrest warrant on former pvtex general director

Arrest warrant on former PVTex general director

The Ministry of Public Security (MoPS) has just issued an arrest warrant on Vu Dinh Duy, former general director of PetroVietnam Petrochemical and Textile Fiber JSC (PVTex).
scg makes final acquisition in long son petrochemical complex

SCG makes final acquisition in Long Son Petrochemical Complex

Leading ASEAN industrial conglomerate SCG has reached an agreement to buy PetroVietnam's 29 per cent in the long-delayed Long Son Petrochemical Complex, leaving it king of the hill.
nghi son successfully produces first batch of diesel oil

Nghi Son successfully produces first batch of diesel oil

After successfully producing RON 92 (MOGAS92) and RON95 (MOGAS95) in early May, on May 23, Nghi Son Refinery and Petrochemical LLC in Nghi Son Economic Zone, Thanh Hoa province also successfully produced 5,000 cubic metres of diesel oil (DO) meeting all required specifications and sold it on the domestic market.
bsr could have made more on ipo with real valuation

BSR could have made more on IPO with real valuation

Binh Son Refining and Petrochemical Co., Ltd. (BSR) would have made more on its initial public offering (IPO) if it had been evaluated more accurately.
nghi son refinery mistimed first batch of ron a92

Nghi Son Refinery mistimed first batch of RON A92

In light of the government’s initiative to switch to bio-fuel E5, it is questionable whether Nghi Son Refinery Co., Ltd. (NSRP) will be able to find a proper market for its newly launched RON A92 manufactured by Nghi Son Petrochemical Refinery (RFR).
bsr deputy general director arrested for bsr and oceanbank links

BSR deputy general director arrested for BSR and OceanBank links

Criminal proceedings have been initiated against Vu Manh Tung, deputy general director of BSR (Binh Son Refining and Petrochemical Company Limited), operator of Vietnam's first oil refinery Dung Quat in the central province of Quang Ngai, on the charge of “abuse of power or position for appropriation of property.”
taiwan to become dong nais largest investor

Taiwan to become Dong Nai’s largest investor

Taiwan Core Pacific Group is seeking investment opportunities in fields like petrochemical manufacturing and industrial park and residential real estate construction in Dong Nai.
revocation of 32 billion vung ro refinery places residents into limbo

Revocation of $3.2 billion Vung Ro refinery places residents into limbo

The revocation of $3.2 billion Vung Ro refinery and petrochemical complex not only broke locals’ dreams of a stable life, but also made their lives uncertain.