On August 6, 2026, at the Dung Quat Refinery, Petrovietnam Refining and Petrochemical Corporation (BSR) officially shipped its first batch of B5 biodiesel (DO B5) produced at the refinery to two customers: Military Petroleum General Company One Member Limited Liability Company and Nam Phuc Investment Joint Stock Company.

The commissioning of a new 65,000-cubic-meter crude oil storage tank has increased the total crude oil storage capacity of Dung Quat Refinery from approximately 520,000 cubic meters to 585,000 cubic meters, representing a 12.5% increase. The new facility not only expands the refinery’s storage capacity but also strengthens feedstock security, enhances operational flexibility, and contributes to Vietnam’s national energy security.

The signing of the Engineering, Procurement and Construction (EPC) Contract and the Project Management Consultancy (PMC) Contract for the Dung Quat Refinery Upgrade and Expansion Project marks a significant milestone, officially launching the implementation phase following a comprehensive preparation process that fulfilled all legal, technical, technological and investment resource requirements.

As part of the official working visit of the leadership delegation of Vietnam National Industry and Energy Group (Petrovietnam) to Thailand and Singapore from May 27 to May 31, 2026, Mr. Bui Ngoc Duong, Chairman of the Board of Directors of Petrovietnam Refining and Petrochemical Corporation (BSR), actively participated in and made significant contributions to regional business and technology forums. His engagements further highlighted BSR’s pioneering role in digital transformation, innovation, advanced technology development, and sustainable energy transition.

Amid the wave of digital transformation reshaping the global energy industry - driven by data, artificial intelligence (AI), and smart operations, Petrovietnam Refining and Petrochemical Corporation continues to demonstrate its strong commitment to adopting advanced technology trends by sending a senior leadership delegation to attend AVEVA World 2026, one of the world’s leading industrial technology events, held in Milan, Italy on May 19, 2026.

Over the past 10 years, the cooperation between Petrovietnam Refining and Petrochemical Corporation (BSR) and Grace in the application of PP Lynx 1010 catalyst has delivered many outstanding results, contributing to improved operational efficiency, production optimization, and the expansion of the Polypropylene product portfolio at the Dung Quat Refinery.