Dung Quất Biofuel Plant to Resume Operations in November
|
Mr. Pham Van Vuong, Director of BSR-BF, the company managing and operating the Dung Quat biofuel plant, shared this information during a recent meeting with the leadership of Binh Son Refining and Petrochemical Company (BSR).
According to Mr. Vuong, the companies are focusing their efforts on expediting the maintenance of the Dung Quat biofuel plant, aiming to complete it before October 31, 2025. The maintenance work is currently underway in the electrical and steam workshop, following the successful startup of the main power station supplying electricity to the entire plant. With the progress closely monitored on a daily basis and the highest level of manpower mobilization, the plant is expected to officially restart ethanol production for E10 biofuel blending in November 2025.
Mr. Nguyen Viet Thang, General Director of Binh Son Refining and Petrochemical Company (BSR), stated that completing the maintenance of the Dung Quat biofuel plant is a prerequisite to ensure technical safety and stable operations when the plant restarts in November 2025. This is also an important step in BSR’s preparation to transition to green energy in line with the orientation of the Vietnam National Oil and Gas Group (Petrovietnam) and the Government.
With a capacity of 100 million liters of ethanol per year, produced mainly from cassava chips, the Dung Quat biofuel plant, along with the Dung Quat Refinery, will enable BSR to optimize its supply chain, enhance product value, and contribute to energy security, emission reduction, and the development of clean and environmentally friendly fuel. These efforts are in line with Vietnam’s sustainable development goals and its vision to achieve a circular economy and carbon neutrality (Net Zero) by 2050.
According to the new direction from the Ministry of Industry and Trade, from January 1, 2026, all commercial gasoline in the market must switch to E10 gasoline. With a domestic gasoline consumption of about 12-15 million cubic meters per year, the required amount of ethanol for blending is approximately 1.2-1.5 million cubic meters per year. However, as of now, the domestic ethanol production capacity stands at 450,000 cubic meters per year, meeting only 40% of the demand, with the rest being imported. In the context of volatile global ethanol prices, increasingly fierce market competition, and import tax policies, the resumption of domestic ethanol plants is a pressing and effective solution.
– 13:20 01/09/2025
Unlocking the Secrets to Effective SEO: Crafting Compelling Copy that Captivates and Converts
The latest report from Rong Viet Securities (VDSC) suggests that the sugar industry is overcoming its challenges. The industry has been grappling with excess supply due to illegal imports and weak demand caused by Decree 70. However, VDSC believes that these issues are being addressed, and the industry can expect improvements in both selling prices and consumption volumes from the second half of 2025 onwards.
Back-to-School Exclusive: FPT Shop Offers Up to 500,000 VND Discount for Students
FPT Shop is excited to announce our exclusive “Back to School” promotion in partnership with leading phone brands. This special offer is tailored for high school and university students as they embark on a new academic year.
What’s the Blueprint for a Green Energy Bank?
The experts’ proposal to establish a dedicated national energy bank remains a pivotal topic. This specialized financial institution would operate under a unique five-axis cooperative model, with a key focus on public investment and government guarantees. This strategic approach leverages public funds and government backing to attract capital from commercial banks and private enterprises, creating a powerful financial catalyst for the energy sector.












































