MESSAGE FROM
Binh Son Refining and Petrochemical Joint Stock Company (BSR), formerly known as Binh Son Refining and Petrochemical One-Member Limited Liability Company, was established on May 9, 2008, under Decision No. 1018/QD-DKVN of Vietnam Oil and Gas Group (PetroVietnam). BSR is entrusted with the responsibility of receiving, managing, and operating the Dung Quat Refinery, playing a reopening role and laying the foundation for the development of Vietnam's petrochemical refining industry. It is also a training ground for high-quality human resources in this field.
HISTORY AND PETROCHEMICAL
1977 - 1991
The Government has advocated to form a strategy to build the refining - petrochemical industry to serve the development of the country.
1992 - 1996
After the project of the Complex of Refining and Petrochemicals in Tuy Ha City encountered obstacles, the government continued to prepare for the construction of the first oil refinery in Vietnam under the direction of the Government. The survey and research on selecting the site for the factory are carried out in many areas along the coast of Vietnam
1997 - 1998
After the foreign partners withdrew from the project, under the direction of the Government, the Vietnam Oil and Gas Corporation continued to prepare the detailed feasibility study for the No.1 Refinery Project under the Vietnamese plan. self-invest. The feasibility study thesis was carried out during the period from January 1997 to the end of March 1997 with the participation of the Ministry of Planning and Investment, the Ministry of Transport, the Ministry of Construction, the Ministry of Finance, Ministry of Science - Technology & Environment, Ministry of Defense, Ministry of Industry, Government Office and People's Committee of Quang Ngai Province.
1999 - 2003
On August 25, 1998, the Government of Vietnam and the Government of the Russian Federation signed the Intergovernmental Agreement on the construction and operation of oil refinery No. 1 in Dung Quat. Accordingly, the two governments agreed to assign the Vietnam Oil and Gas Corporation (PVN) and the Russian Federation of Foreign Economic Affairs (Zarubezhneft) to jointly act as the investor of the project.
2003 - 2005
On February 12, 2003, PVN established Dung Quat Oil Refinery Project Management Board to implement the project of building oil refinery according to Vietnam's self-invested plan.
2005 - 2010
On August 24, 2005, the EPC Contract 2+3 including crude oil storage tanks, product pipelines, storage tanks and product export ports was signed by PVN with TPC. EPC Contract 2+3 is agreed by the parties as an addendum to EPC Contract 1+4. On September 21, 2005 EPC contract 2+3 came into effect. Before that, on June 17, 2005 the Prime Minister issued Decision No. 546/QD-TTg on adjustment of Dung Quat Oil Refinery Investment Project. The total investment of the project under Decision 546/QD-TTg is USD 2,501 billion excluding financial costs.
2011 - now
This is the first phase of BSR company self-managing and operating Dung Quat oil refinery. Over the past 5 years, the operation of plant equipment has very complicated technical requirements, requiring the self-improvement of a team of engineers and technical workers to master the technology. poses many challenges for the workforce; There have been unprecedented incidents and technical situations in production operation.
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BUSINESS PHILOSOPHY
Accompanying customers with sincerity and creating value together
BSR believes that satisfying customer needs is the foundation for success in business operations. All BSR activities stem from sincerity, proactive listening, creating value together and bringing value to each other.
Human resources are the key factor for success and progress
At BSR, human resources are the pillar of the management system. All success depends on the human factor. We believe that the highest achievement will be attained when each person voluntarily contributes their intellect and strength in harmony and with common aspirations. All BSR's interactions are highly humane to help employees maximize their capabilities while encouraging them to voluntarily strive for the highest achievement.
Modern management and operational excellence
BSR implements digital transformation and updates modern management trends to enhance management capacity and efficiency, proactively adapting to macro changes and fluctuations; determined to achieve operational excellence by continuously optimizing operational processes, solutions, upgrading and modernizing technology, being flexible in business and elevating culture.
Accompanying customers with sincerity and creating value together
BSR believes that satisfying customer needs is the foundation for success in business operations. All BSR activities stem from sincerity, proactive listening, creating value together and bringing value to each other.
Human resources are the key factor for success and progress
At BSR, human resources are the pillar of the management system. All success depends on the human factor. We believe that the highest achievement will be attained when each person voluntarily contributes their intellect and strength in harmony and with common aspirations. All BSR's interactions are highly humane to help employees maximize their capabilities while encouraging them to voluntarily strive for the highest achievement.
Modern management and operational excellence
BSR implements digital transformation and updates modern management trends to enhance management capacity and efficiency, proactively adapting to macro changes and fluctuations; determined to achieve operational excellence by continuously optimizing operational processes, solutions, upgrading and modernizing technology, being flexible in business and elevating culture.
VISION
To become a leading enterprise in the region and gain an international position in the energy and petrochemical filtration industry.
MISSION
To provide high-quality petrochemical filtration products, contributing to ensuring national energy security and driving the economic development of the Central and Central Highlands regions.
CORE VALUE
Integrity
Integrity is symbolized by a sturdy shield that protects righteousness, along with the flame of enthusiasm on the left, representing a steadfast heart that distinguishes right from wrong, always upholding discipline and acting righteously.
CORE VALUE
Integrity
Integrity is symbolized by a sturdy shield that protects righteousness, along with the flame of enthusiasm on the left, representing a steadfast heart that distinguishes right from wrong, always upholding discipline and acting righteously.
Solidarity
The BSR flame will endure more firmly thanks to Solidarity, overcoming all fluctuations. Five individuals of different colors symbolize the diversity of BSR members, holding hands to empower the BSR flame to grow.
Professionalism
The image of three people in the value of Professionalism symbolizes consistency from appearance to demeanor. The BSR team works together like interlocking gears, creating value and a strong impression with customers.
Creativity
Creativity is symbolized by the light bulb, which helps BSR move forward quickly. The core of the bulb is the torch, representing vitality and open-minded thinking, while the light bulb itself is the cogwheel, ensuring performance and driving breakthrough progress.
Efficiency
Three gears symbolize the individual, department, and organization. Whether large or small, all share the flame of aspiration, working in sync and moving in the same direction to create current results and aim for the future.
MANAGEMENT SYSTEM
BSR's integrated management system IMS is an integrated system from Quality management systems according to ISO 9001:2015, Environmental management systems according to ISO 14001:2015, Occupational health and safety management systems. ISO 45001:2018 and Energy management system according to ISO 50001:2018
