Binh Son Refining and Petrochemical Joint Stock Company (BSR) projects production of 1.8 million tons and revenue of 32.2 trillion VND in Q1 2025, exceeding targets by 12% and 14% respectively. The company contributed 3.38 trillion VND to the state budget. BSR has completed several projects and is implementing expansions like crude oil storage tanks and housing for staff. They are also researching a project at Long Son Refinery. BSR aims to optimize production, enhance efficiency, and boost high-quality PP products. Therefore, the company has requested support from Petrovietnam to reduce import taxes on raw materials to 0% and expedite the approval for raising charter capital from 31 trillion to 50 trillion VND to expand Dung Quat Refinery.
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