Hanoi (VNA) - The Binh Son Refining and Petrochemical Joint Stock Company (BSR) on June 4 launched and delivered its first commercial batch of sustainable aviation fuel (SAF), marking an important milestone, and a new step forward in BSR’s journey to research and develop green and sustainable energy products.
The first batch of SAF was produced using imported raw materials from Europe and domestically produced Jet A-1 aviation fuel by BSR. The first commercial partner to receive the product was Vietnam Air Petrol One-Member Company Ltd (Skypec), which will supply it for Vietnam Airlines flights.
BSR General Director Nguyen Viet Thang said that this event affirms the Vietnam National Industry - Energy Group (Petrovietnam)'s determination in implementing the Politburo’s Resolution 57-NQ/TW on breakthroughs in science and technology development, innovation, and national digital transformation.
This is an important foundation for building and developing sustainable aviation fuel in line with the global energy transition trend and Vietnam’s carbon emission reduction commitments, he added.
ও According to the plan, BSR will begin producing larger-scale batches of SAF, aiming for commercialisation starting in the fourth quarter of 2025./.
Fitch Ratings has rated Binh Son Refining and Petrochemical Joint Stock Company (BSR) as a Long-term Foreign- Currency Issuer Default Rating (IDR) of “BB+” with a stable outlook.
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