According to Binh Son Petrochemical Joint Stock Company (BSR), at the end of August, The Wagan Joint Venture, GHN Group and Masters Depot have coordinated with Tin Thanh Group to visit and work at the Dung Quat Oil Refinery Plant to explore cooperation and investment opportunities for the project of upgrading and expansion of Dung Quat oil refinery.
The Wagan Joint Venture, GHN Group and Masters Depot, Tin Thanh Group and BSR.
At the working session, general director of Binh Son Refining and Petrochemical JSC Tran Ngoc Nguyen introduced a general report about the process of formation and development of Dung Quat oil refinery as well as their production and business situation.
The upgrade and expansion of the Dung Quat Oil Refinery Plant, which are scheduled to be completed in 2021, will increase its capacity to more than 30% at 8.5 million tons a year and will improve the quality of products to EURO IV, V standards. On the other hand, BSR will improve staff levels, train their own specialists, expand consultancy services, and directly participate in other projects. BSR’s goal is to develop petrochemicals and become a technologically advanced enterprise in the region.
Chairman of Board of Directors of Tin Thanh Group Tran Dinh Quyen said the delegation hailed the achievements BSR has made over the past time and hoped for more investment opportunities with the company in privatization work, together with crude oil supply.
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Editor:Mr.Dam Minh Le - Vice Chairman
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