About BSR

About Binh Son Refining and Petrochemical Joint Stock Company

About Binh Son Refining and Petrochemical Joint Stock Company

BSR OVERVIEW

Binh Son Refining and Petrochemical Joint Stock Company (BSR) (formerly known as Binh Son Refining and Petrochemical Company Limited) was formed in May 9th, 2008, as a subsidiary of the PetroVietnam (PVN). BSR is responsible for managing and operating the Dung Quat Refinery. 

BSR is a formidable, forward-looking enterprise that has been driving the oil refining industry of Vietnam for over ten years. As we commemorate our tenth anniversary in 2018, this milestone is marked by our renewed commitment towards delivering our promises of efficiency, productivity and the pursuit of production excellence. 

Even as we celebrate the past, we enthusiastically look into the future with continued competence, confidence and conviction. By staying firm and loyal to our promises, we are excited to meet the dynamic needs of the market economy of Vietnam, and penetrate deeper into the refined petroleum markets in Vietnam and the ASEAN region. Capitalizing on our unique advantages, we are confident we can achieve further, greater and sustainable success.

DUNG QUAT REFINERY

Dung Quat Refinery, which is located in the Dung Quat Economic Zone, Binh Son District, Quang Ngai Province, Central Vietnam, has a refining capacity of 148 thousand barrels/day (6.5 million tones crude oil annually) and can process 67 types of crude oil from various parts of the world. The plant’s products include Mogas A92/A95 and E5/10; Jet A1/Jet A1K fuels; kerosene; diesel; fuel oil (FO); liquefied petroleum gas (LPG); propylene; polypropylene resins and sulfur.

Plant Location

Dung Quat Refinery’s technology and equipment are licensed and regularly upgraded by the world’s leading designers and manufacturers such as UOP and Merichem (USA), Jacob (Netherland), Axens (France), and MCI (Japan). The refinery’s management system is compliant with the current leading standards in the petrochemical field including ISO 9001:2015, ISO 14001:2015 and OHSAS 18001:2007.

Dung Quat Refinery has played a pioneering role in building the foundation for the development of the Vietnamese petrochemical industry. The refinery aims to be a leading driver in the formation of the country’s major petrochemical cluster.

VISION - MISSION - VALUES - BUSINESS PHILOSOPHY

VISION

BSR has formulated a strategy reaching beyond the year 2025. This is an important endeavor to fully develop the company. In this strategy, the vision of the company is “Being a leading corporation in ASEAN’s refining & petrochemical industry. This vision provides guidelines and dimensions for all missions, strategies and other strategic issues.

MISION

  • Contributing to national energy security

This is the most important mission of BSR. It is committed to meet the oil production demands of all Vietnamese industries. This will help to minimize the negative impact of global oil fluctuations on Vietnam. BSR will invest more to enhance its processing and production capacity, apply advanced technology, and improve operational and management methodologies to accomplish this mission.

  • Driving force for the development of the Central Vietnam

In Central Vietnam, BSR has made great contributions to the regional economic and social development by contributing to the local government budget, attracting more investment from other related industries, creating more employment, and increasing the income of the local population.

  • Satisfying customer demand based on high quality products

The company will upgrade equipment, apply and modernize technologies and equipment to produce high quality products, meeting regional and international standards.  

  • Enhancing corporate value and profit for shareholders

Two of the most important values of the company are the brand name of Dung Quat Refinery’s products and BSR’s prestige in the market. The company continues to apply great effort to conserve and enhance these values. These are also important factors contributing to investors confidence.

  • Continuously improving employee satisfaction

Improving employee satisfaction is a significant priority of BSR. The basic and important needs of people working at the company will be identified and met by the company. This is also a necessary solution to motivate employees and maintain their loyalty to BSR.

  • Contributing to the well-being of the community

The company has been making considerable positive contributions to support the development of the local community through useful activities.    

CORE VALUE

BSR is an IDEAL destination for Employees, Customers, and Investors with the following values.

  • Integrity

BSR honors commitments and behaves in accordance with the highest ethical standards. We ensure compliance with the principles and regulations in operations and production.

  • Devotion

We put the interests of the company above our own, voluntarily devote and sacrifice our time, energy, intellect, and strength to accomplish work to the highest standard, contributing to the growth of the company and the wealth of stakeholders. We work and cooperate with the highest aspirations, passion, and enthusiasm.

  • Eagerness for learning

Continuous learning is a critical success factor for the sustained progress of the company and for all employees.

  • Ardour

We voluntarily and willingly pursue the BSR vision and mission with the foremost confidence and devotion. BSR ensures all tasks are accomplished to the highest standards and and in a manner that supports the interests of all stakeholders. We always have solutions in every situation.

  • Like-mindedness

We continuously enhance the value of BSR to stakeholders and realize the company’s vision and missions through this solidarity. All employees put their trust in the direction of the Board to motivate, inspire, and support one another for progress and development.

BUSINESS PHILOSOPHY

  • Customers as companions through faithfulness and value co-creation

BSR believes the total customer satisfaction is one of the fundamentals of business success. BSR always conducts every business activity based on the faithfulness and active listening and value co-creation with stakeholders in all corporate endeavors.

  • Human capital is the driving force of every success & advancement

BSR believes that human capital is the focus of management. Every success depends on people. We also have a strong belief that the highest performance can be attained through the maximization of initiative, willingness, and brainpower of each member of BSR.

  • Operational excellence

BSR pursues management and production excellence by the continuous improvement of management expertise, operational processes, and culture.

CORPORATE  MILESTONES

1997

The Prime Minister of Vietnam issued Decision No. 514/QD-TTg approving Oil Refinery No.1 - Dung Quat Project with the total investment of $1.5 billion and processing capacity of 6.5 million tones crude oil annually.

1998

The ground-breaking ceremony for Oil Refinery No.1 was held in Quang Ngai Province,Vietnam.

1998

Vietnamese- Russian Joint Venture Vietross Refinery was established under the intergovernmental Agreement on the construction and operation of Oil Refinery No.1.

2002

The intergovernmental Agreement between Vietnam and Russia was terminated, and Oil Refinery No.1 project continued as a solo project of Petrovietnam.

2003

The management consultancy services contract for Dung Quat Oil Refinery project was signed with Stone & Webster (UK).

2004

The contract for front end engineering design (FEED) development for Dung Quat Oil Refinery project was signed with Technip (France).

2005

Dung Quat Oil Refinery Project was in the course of construction with the participation of such prestigious contractors as Technip (France), Technip  Geoproduction  (Malaysia),  JGC  (Japan) and Tecnicas Reunidas (Spain).

2008

Binh Son Refining and Petrochemical Joint Stock Company was formed.

2009

The products of Dung Quat Oil Refinery such as Propylene, A92 Gasoline, Petroleum, etc. were exported and launched to markets.

2010

Petrovietnam officially took the handover of Dung Quat Oil Refinery from Technip contractor consortium and put it into commercial operation and production.

2011

The inauguration ceremony of Dung Quat Oil Refinery was held with the participation of Prime Minister Nguyen Tan Dung.

CORPORATE  LEADERSHIP

As a leading economic force in the oil refining industry of Vietnam, BSR continues to be a success story of business enterprise management.  The management of BSR is committed to building upon the company’s advantages and propelling the company forward with strategic thinking and clarity, new investment and expansion plans, under the guidance of an established team of competent technical and managerial talents.

HISTORY

BSR has a long-established history with several turning points and achievements in different stages as follows:

From 1977 to 1991
            This stage marks the very first steps of oil refinery projects. 
            In the late 1970s, after having important Vietnam-Russia cooperation in seeking, exploring and exploiting oil, the Vietnamese government decided to establish the national petrochemical industry as a critical policy to boost national economic growth. The very first Petrochemical Refinery Complex Project was set up under this policy by a French company – Beicip on the basis of the grants from UNICO fund in 1977. The location of Nghi Son, Thanh Hoa, Vietnam was selected with expected capacity of 6 million tons per year to produce fuels and several petrochemical products. The project was ended due to funding obstacles in 1979.
            In the early 1980s, under Vietnam-Russia economic – technological cooperation agreement, both sides reached the consensus of locating the Petrochemical Refinery Complex in Tuy Ha, Long Thanh, Dong Nai Province with the plan of 2-stage construction. In the first stage, an oil refinery with the capacity of 3 million tons per year was planned to be built. In the second stage, another oil refinery would be constructed to boost the yield up to 6 million tons per year with the ambition of constructing a petrochemical complex producing plastics, synthetic fiber and Urea fertilizer. The total amount of investment capital was 3 billion RUB.
            Petrochemical Refinery Research and Design Research Institute of Russia completed strong arguments for the feasibility of the project in 1986. The local partner cleared a part of 3,000 hectares and carried out the preliminary geological survey to prepare for the construction of the Complex in the early 1990s. Meanwhile, the Russian partner had also completed the basic design and prepared well for the project. However, due to the changing politics and institutions of Russia, the project was terminated. 

From 1992 to 1996

In this period, the government continued searching for joint venture partners to proceed with Oil Refinery No.1 in Dung Quat, Quang Ngai Region.

Facing difficulties in the Tuy Ha petrochemical refinery project, the government made more efforts in preparing for the construction project of Oil Refinery No.1. Several feasible locations along the Vietnam coast were explored and investigated so that the best one for refinery construction would be found.

Under the Prime Minister’s Decision No. 658/QD-TTg on the location for Oil Refinery No.1 as well as on the planning of key economic region in Central Vietnam, Dung Quat – Quang Ngai Province was selected as the official location for the Refinery. Several foreign investors such as LG (Korea), Stone & Webster (US), Petronas (Malaysia), Conoco (US), etc. were also involved in the Project. However, they subsequently withdrew from the Oil Refinery Project.

Former Prime Minister Vo Van Kiet directly inspected Dung Quat Bay in Quang Ngai

Dr. Truong Dinh Hien and his colleagues researched at Dung Quat Bay in Quang Ngai to find a site for the first refinery

Experts surveyed the refinery construction site in Dung Quat, Quang Ngai

From 1997 to July 1998

The project was carried out step by step under Decision No. 514/QD-TTg by Vietnamese Prime Minister.

After the withdrawal of the foreign partners, in accordance with the state leadership, Vietnam Oil and Gas Group continued to prove the feasibility of the detailed plan of Oil Refinery No. 1 with the total investment amount of Vietnam. The plan was carried out from January 1997 to the end of March 1997 with the participation of Ministry of Planning and Investment, Ministry of Communications and Transport, Ministry of Finance, Ministry of Science, Technology, Ministry of National Defense, Ministry of Industry, Office of the Government, and Quang Ngai Province People’s Committee.

To increase the objectiveness, with the state approval, Vietnam Oil and Gas Group had Foster Wheeler Energy Limited from Great Britain and Universal Oil Products - UOP from the USA look into the feasibility of the project and assist in the process of building arguments for the feasibility of the project.

Groundbreaking Ceremony of Refinery No.1

On 10th July 1997, under Decision No. 514/QD-TTg by Vietnamese Prime Minister, Oil Refinery No.1 project, with the total investment of $1.5 billion and processing capacity of 6.5 million tons crude oil annually, continued as a solo project of PetroVietnam. The ground-breaking ceremony for Oil Refinery No.1 was held in Quang Ngai Province, Vietnam.

From August 1998 to 2003

This period marks the cooperation with Russia to establish Vietnamese-Russian Joint Venture Vietross Refinery.

The Governments of both sides signed the intergovernmental Agreement dated 25th August 1998 on the construction and operation of Oil Refinery No.1 in Dung Quat. According to the agreement, the governments agreed that Petrovietnam and Russian Petroleum group -Zarubezhneft would be major investors of the projects.

Vietnamese-Russian Joint Venture Vietross Refinery was officially established on 28th December 1998 under Investment License No. 2097/GP-KHDT by Planning and Investment Ministry of Vietnam.

The 2nd meeting of the Board of Directors of Vietnamese Russian Joint Venture Vietross Refinery

According to the government’s Decision No. 560/CP-DK dated 21st June 2001, the total investment for the project was USD 1.297 billion excluding finance costs. Taking part in a joint venture with Russia helped to solve two main problems including raising fund and having an experienced expert team to carry out the project.

Clearance of refinery area

The governments of both sides signed the agreement dated 25th December 2002 to make Petrovietnam the solo project investor. Zarubezhneft and Petrovietnam signed the agreement dated 5th January 2003 to transfer all participation responsibilities and obligations to Petrovietnam and put an end to Vietross.

Leveling for main factory

Construction and leveling of product tank area

Construction commencement ceremony of EPC 5ª Package – Breakwater

Contract signing ceremony for licensing of Catalytic Cracking Technology between Vietross Joint Venture and French Institute of Petroleum

Contract signing ceremony for licensing of LTU, NTU, KTU and CNU technologies between Vietross Joint Venture and Foster Wheeler

Former General Secretary Do Muoi visited Dung Quat Refinery Construction

From 2004 to 2010

In this period, the Dung Quat Oil Refinery Project was in the course of construction under Decision No. 546/QD-TTg issued by Prime Minister.

After the withdrawal of Russia, the Vietnamese Government allowed Vietnam Oil and Gas Group to continue the construction process of Dung Quat Oil Refinery Project based on State Decision No. 514/QD-TTg dated 10th July 1997. On 12th February 2003, Petrovietnam established the project management of Dung Quat Oil Refinery to implement the construction of the project with the full investment of Vietnam.

Construction commencement ceremony of EPC 1 + 2 + 3 + 4 of Dung Quat Oil Refinery

Dung Quat Oil Refinery Project was in the course of construction with the participation of such prestigious contractors as Technip (France), Technip Geoproduction (Malaysia), JGC (Japan) and Tecnicas Reunidas (Spain). Subsequently, Binh Son Refining and Petrochemical Joint Stock Company was formed. The products of Dung Quat Oil Refinery such as Propylene, A92 Gasoline, Petroleum, etc. were exported and launched to markets. Petrovietnam officially took the handover of Dung Quat Oil Refinery from Technip contractor consortium and put it into commercial operation and production. The inauguration ceremony of Dung Quat Oil Refinery was held with the participation of Prime Minister Nguyen Tan Dung.

Former Prime Minister Nguyen Tan Dung’s address at the first product celebration of Dung Quat Oil Refinery

The Party and State leaders cut the ribbon to celebrate the first product of Dung Quat Refinery

The project was the national key project in the oil and gas field, which was critical for the socio-economic development of the nation. The investment in the construction of Dung Quat Oil Refinery allowed Vietnam to process crude oil locally to gradually ensure energy security, reduce dependence on foreign petroleum supply and create a new appearance for the regional development of the Central area, especially Quang Ngai Province. Moreover, the project marked the turning point for national oil and gas industry, laid the foundation for the key industrial sector of the nation, solved the problem of unemployment effectively and made an important shift in the economy.

The first tank truck receiving the products of Dung Quat Refinery

In order to manage and run the Dung Quat Oil Refinery, Binh Son Refining and Petrochemical Company Limited (BSR) (currently known as Binh Son Refining and Petrochemical Joint Stock Company) was established under Decision No. 1018/QD-DKVN dated 9th May 2008 by Petrovietnam. BSR is the operating and managing unit for Dung Quat Refinery.

From 22nd February 2009 to the end of December 2010, BSR genarated 8.3 million tons of crude oil, processed and provided the market with 7.2 million tons of various products. In 2010, BSR gained revenue of about VND58,000 billion, with the profit of above VND119.11 billion and payable of over VND10,000 billion to the state budget.

Handover Ceremony of Dung Quat Refinery between TPC Contractor and Owner

From 2011 until now

Dung Quat Oil Refinery has been in operation and gradually grows stronger.

On 6th January 2011, Dung Quat Oil Refinery was officially put into operation and inaugurated by the Prime Minister. Since BSR took over the Refinery, its average capacity has always been over 95% and after its first successful maintenance, the Refinery has always operated at 100% capacity.

Inauguration Ceremony of Dung Quat Refinery – the first refinery of Vietnam

In 2012, the operation of the company experienced a lot of difficulties because of 68 days-off for maintenance shut downs. However, in 2013, the company exceeded the set targets, imported 7.3 million tons crude oil (compared with planned figure of 6.5 million), produced and sold out 6.6 million tons of various products with the total revenue of over VND15,000 billion, and with payable of over VND28,000 to the state budget.

By 2014, the Refinery had operated 630 days without any problem before undergoing the second maintenance shut down. From 2011 to 2016, the yield of this period was about 37 million tons with the revenue of over VND 693,000 billion, and payable of VND 118,000 million to the state budget.

Dung Quat Oil Refinery has played an important role in ensuring the national energy security, shifting domestic economic structure and enhancing other industries. The company completed the state plan 52 days before the deadline for 2016. Accordingly, the company produced 6.83 million tons of products, exceeding the given target by 1 million tons in the same year. The development goals set up by Petrovietnam for BSR to achieve in the next period is very ambitious. BSR will become an active, competitive and environmentally-friendly petrochemical refinery company both locally and internationally.

ACHIVEMENTS

With the efforts and determination of its staff, workers as well as the competent management of its leaders, Binh Son Refining and Petrochemical Joint Stock Company (BSR) has made enormous efforts to overcome its difficulties, challenges; to boost its production and business. This has led to the company’s continued excellent progress and sustainable development. Thanks to its contribution over the past few years, the company has been continuously awarded titles, certificates of merit by the nation, the government, central ministries and industries, Quang Ngai Province People’s Committee, local and foreign organizations, as follows:

Emulation

Year

Emulation Titles

Emulation references

2009

Excellent Labor Collective

Decision No. 2463/QD-DKVN issued by Vietnam Oil and Gas Group dated 27th March 2010.

2009

Industry  and  Trade  Ministry’s emulation flag

Decision No. 0078/QD-BCT issued by Ministry of Industry and Trade dated 7th January 2010. 

2010

Excellent Labor Collective

Decision No. 1608/QD-BSR issued by Binh Son Refining and Petrochemical Ltd. Co. dated 30th December 2010.

2011

Excellent Labor Collective

Decision No. 1747/QD-DKVN issued by Vietnam Oil and Gas Group dated 6th March 2012.

2011

The Government’s   emulation flag

Decision No.  172/QD-TTg  issued by Prime Minister   dated   27th January 2011.

2012

Excellent Labor Collective

Decision No.  418/QD-DKVN issued by Vietnam Oil and Gas Group dated 16th January 2013.

2012

The Group’s emulation flag

Decision No. 9809/QD-DKVN issued by Vietnam Oil and Gas Group dated 17th December 2012. 

2013

Excellent Labor Collective

Decision No. 362/QD-DKVN issued by Vietnam Oil and Gas Group dated 14th January 2014.

2013

The  emulation  flag  of  Quang Ngai Province        People’s Commitee

Decision No. 160/QD-UBND issued by Chairman of Quang Ngai dated 8th February 2014.

2014

The Government’s   emulation flag

Decision No. 102/QD-TTg issued by Prime Minister dated  14th January 2014.

2014

Excellent Labor Collective

Decision  No. 3733/QD-DKVN issued  by Vietnam Oil and Gas Group dated 8th June 2015.

2015

Excellent Labor Collective

Decision  No. 4264/QD-BSR  issued by BSR dated  26th November 2015.

2015

The  emulation  flag  of  Industry and Trade Ministry

Decision  No. 14476/QD-BCT issued by Ministry  of  Industry  and Trade dated  29th December  2015.

2016

Excellent Labor Collective

Decision  No. 5038/QD-BSR issued by BSR on 28th November 2016.

 

Awards

Year

Award

Award references

2009

Award Certificate of Vietnam Oil and Gas Group

Decision No. 2515/QD-DKVN issued by Vietnam Oil and Gas Group dated 29th March 2010.

2010

Award Certificate of Prime Minister

Decision No.  2273/QD-TTg dated 10th December 2010.

2011

Third Class Labor Medal

 

Decision No. 1994/QD-CTN dated  20th November 2010

2011

Award Certificate of Vietnam Oil and Gas Group

Decision No. 11313/QD-DKVN issued by Vietnam Oil and Gas Group dated 13th December 2011.

2011

Award Certificate of Industry and Trade Ministry

Decision No. 2206/QD-BC issued by Ministry of Industry and Trade dated 27th April 2011.

2012

Award Certificate of Vietnam Oil and Gas Group

Decision No. 9685/QD-DKVN issued by Vietnam Oil and Gas Group dated 12th December 2012.

2012

Award Certificate of Industry and Trade Ministry

Decision   No. 70/QD-BCT issued   by Ministry of Industry and Trade dated 7th January 2013.

2012

Award Certificate of Ministry of Public Security (“All citizens protect National Public Security” movement)

Decision No. 494/QDKT-BCA dated 8th February 2012.

2013

Award Certificate of Industry and Trade Ministry ("Vietnamese prioritize using Vietnam products”)

Decision No. 657/QD-BCT issued by Ministry of Industry and Trade dated 29th January 2013.

2013

Award Certificate of Vietnam Oil and Gas Group (Human resources training and development of the Group 2011-2012)

Decision No. 5824/QD-DKVN issued by Vietnam Oil and Gas Group dated 19th August 2013.

2013

Award Certificate of Chairman of Quang Ngai Province People’s Committee   (Regarding production  and  business operation in  6  months  of  early 2013)

Decision No. 1059/QD-UBND issued by   Chairman of   Quang   Ngai Province People’s Committee dated 01st August 2013.  

2013

Award Certificate of Chairman of Quang Ngai Province People’s Committee (Regarding collecting and    submitting    state    budget 2013)

Decision No. 2115/QD-UBND issued by Chairman of Quang Ngai Province People’s Committee dated 30th  December 2013

2013

Award Certificate of General Director of Vietnam Social Insurance (Regarding Social Insurance and Medical Insurance 2013)

Decision No. 131/QD-BHXH issued by General Director of Vietnam Social Insurance dated 27th January 2014.

2013

A Veil of Chairman of Quang Ngai Province People’s Committee

Decision No. 229/QD-UBND issued by Chairman of Quang Ngai Province People’s Committee dated 24th February 2014.

2013

Award Certificate of Vietnam Oil and Gas Group

Decision No. 8938/QD-DKVN issued by Vietnam Oil and Gas Group dated 9th December 2013.

2013

Award Certificate of Industry and Trade Ministry

Decision No. 10199/QD-BCT issued by Ministry of Industry and Trade dated 31st December 2013.

2014

Second Class Labour Medal

Decision No. 3303/QD-CTN dated 16th December 2014.

2014

Award Certificate of Vietnam Oil and Gas Group

Decision No. 8988/QD-DKVN issued by Vietnam Oil and Gas Group dated 9th December 2014.

2014

Award Certificate of Industry and Trade Ministry

Decision No. 11587/QD-BCT issued by Ministry of Industry and Trade dated 22nd December 2014.

2015

Award Certificate of Vietnam Oil and Gas Group

Decision No. 8270/QD-DKVN issued  by Vietnam Oil and Gas Group dated 14th December 2015.

2016

Certificate of Merit from Chairman of Quang Ngai Provincial People’s Committee (for fire prevention and safety assurance in business and production)

Decision No. 1762/QD-UBND issued by Chairman of Quang Ngai Provincial People’s Committee dated 29th September 2016.

2016

Award Certificate of Vietnam Oil and Gas Group

Decision No. 7999/QD-DKVN issued by Vietnam Oil and Gas Group dated 14th December 2016.

2017

Gold Trusted Quality Supplier Certificate

Decision No. 020-TQS-2017/QD issued by Vietnam Enterprises Institute dated 26th May 2017.

2017

Science and Technology Enterprise Certificate (for JET A-1K and DO L-62 fuel products for military use)

Certificate issued by Quang Ngai Provincial Department of Science and Technology dated 8th November 2017.

2018

Award Certificate of Vietnam Oil and Gas Group  (for excellent equitization)

Decision No. 1503/QD-DKVN issued by Vietnam Oil and Gas Group dated 16th August 2018.

2018

Safety and Security Certificate of Quang Ngai Provincial People’s Committee

Decision No. 2177/QD-UBND issued by Quang Ngai Provincial People’s Committee dated 5th December 2018.

                                                                                                             

Communication and brand rewards

  • 2010, 2011 and 2012: Ministry of Industry and Trade awarded BSR a gold medal in Vietnam International Trade Fair (Vietnam Expo).
  • 2013: BSR gained the award of “Vietnam Top Trade Services Awards”.
  • 2013: BSR achieved the golden award for National Quality Prize and was awarded Certificate of merit by Prime Minister.
  • 2013 and 2014: Ministry of Planning and Investment awarded BSR a title of the company doing well in social and community development.
  • 2014: JLT Insurance Agency Company Limited, SCOR Global P&C Asia- Pacific Company, Alianz Global Corporate & Specialty SE, Liberty Mutual Insurance Europe Limited and 4 technology copyright experts: UOP, Axens, Merichem and SINI awarded BSR the certificate of Operational excellence to acknowledge the operation records of Dung Quat Oil Refinery because of consecutive 630 working days and nights with safety, consistency, and efficiency. (from August 2012 to 12th April 2014)
  • 2015: BSR was honored in Top 10 of Vietnam Top Brand Names in WTO Integration Period Golden Cup.
  • 2015: BSR was honored in Top 10 outstanding enterprises with high-rate product localization.
  • 2015: BSR was awarded with the Sustainable Green Brand Trophy.
  • 2015: BSR won the Sao Vang Dat Viet title (The Golden Star of Viet Land).
  • 2015 and 2016: BSR won the title of “Tin Nhiem Xanh – Trusted Green”
  • 2016: BSR was honored as one of Top 10 sustainable brands for the second time.
  • 2016: BSR was honored as one of Top 6 most excellent enterprises in the ranking of VNR500
  • 2016: BSR won the title “the typical corporate of Quang Ngai province”
  • 2016: BSR won the award of National Quality Prize.
  • 2016: BSR won the title of “Vietnam Top Trade Services Awards”.
  • 2016: BSR was awarded Top Brands and Qmix 100 Certificate.
  • 2016: BSR ranked in Top 50 prestigious brands of chemical industry in Vietnam
  • 2017: BSR was honored as one of Top 46 creative enterprises applying eco-friendly technologies for national sustainable growth.
  • 2017: BSR was honored as one of Top 100 typical brands in construction sector.
  • 2017: BSR was honored among Top 10 Green Factories.
  • 2017: Vietnam Oil and Gas Group awarded BSR for excellent achievements in reaching the number of 10 million working hours with safety and without accidents or delay.
  • 2017: BSR was honored as one of Top 100 trusted and used products and services in Vietnam.
  • 2017: BSR was honored as a company of strong brand.
  • 2017: BSR was awarded “TOP 10 enterprises ensuring ISO 9001 Quality, QAS 2017” and “Typically dominant brands 2017”.
  • 2017: BSR won the third prize in the 14th National Technology Innovation Contest and the first price in the 10th Quang Ngai Technology Innovation Contest.
  • 2017: BSR was ranked 7th among 500 most largest Vietnamese enterprises.
  • 2017: BSR was honored among Top 16 most profitable enterprises in Vietnam.
  • 2018: BSR received the Typical Energy Saving Solution Award and the National Industrial Energy Efficiency Award.
  • 2018: BSR was ranked as an A-class enterprise by Vietnam Oil and Gas Group (PVN).
  • 2018: BSR was honored among Top 10 Green Factories.
  • 2018: BSR received international awards for scientific and technological creation.
  • 2018: BSR won the Vietnam Gold Star Award and ranked in Top 100 outstanding Vietnamese enterprises.
  • 2018: BSR was honored as the enterprise making positive contributions to Quang Ngai province’s socio-economic development in 2018.
  • 2018: BSR won Vietnam Science and Technology Innovation Award 2018.
  • 2018: BSR was honored in Vietnam Top 10 most trusted companies.
  • 2018: BSR was awarded Vietnam Top 10 excellent brands.
  • 2019: BSR was awarded the titles of Top 10 Green Factories and Top 20 Environmentally-friendly Products.