Inside Dung Quat oil refinery (Source: VNA) Hanoi (VNA) – The Binh Son Refining and PetroChemical JSC(BSR) completed several tasks for the year on November 23, 38 days earlier thanplanned.
In the past 11 months, the BSR manufactured 6.4million tonnes of products, earning over 103 trillion VND (4.47 billion USD),up 32.9 percent from the plan. Its revenue to the State budget neared 11trillion VND, 31.6 percent higher than the target.
It also saved more than 824 billion VND inproduction costs, surpassing 70.76 percent of the yearly plan. Its EnergyEfficiency Index averaged 103.4 percent compared to the 105 percent +/-1percent plan. Six measures have been successfully launched, helping the BSRsave about 1.9 million USD each year on average.
The company optimised RON 95 petrolmanufacturing to maximise profits and meet demand.
In the eight years of operating the plant, the BSRadded nearly 7 billion USD to the State budget, tripling its initial capital,accounting for 80 percent of its home central Quang Ngai province’s revenue tothe State budget.
According to the Vietnam Report, the BSR rankedseventh in the list of top Vietnamese companies 2017, and 14th in the list of thetop 500 profitable enterprises.
For 2019, the BSR has set the goal of operatingDung Quat oil refinery plant safely and stably.
It will also continue divesting Vietnam’s NationalOil and Gas Group (PetroVietnam)’s capital after equitisation and upgradingDung Quat oil refinery plant as scheduled. –VNA
In the past 11 months, the BSR manufactured 6.4million tonnes of products, earning over 103 trillion VND (4.47 billion USD),up 32.9 percent from the plan. Its revenue to the State budget neared 11trillion VND, 31.6 percent higher than the target.
It also saved more than 824 billion VND inproduction costs, surpassing 70.76 percent of the yearly plan. Its EnergyEfficiency Index averaged 103.4 percent compared to the 105 percent +/-1percent plan. Six measures have been successfully launched, helping the BSRsave about 1.9 million USD each year on average.
The company optimised RON 95 petrolmanufacturing to maximise profits and meet demand.
In the eight years of operating the plant, the BSRadded nearly 7 billion USD to the State budget, tripling its initial capital,accounting for 80 percent of its home central Quang Ngai province’s revenue tothe State budget.
According to the Vietnam Report, the BSR rankedseventh in the list of top Vietnamese companies 2017, and 14th in the list of thetop 500 profitable enterprises.
For 2019, the BSR has set the goal of operatingDung Quat oil refinery plant safely and stably.
It will also continue divesting Vietnam’s NationalOil and Gas Group (PetroVietnam)’s capital after equitisation and upgradingDung Quat oil refinery plant as scheduled. –VNA
VNA
