Refining-petrochemical company inaugurated in Binh Duong

The Vietnam Oil and Gas Corp (PetroVietnam) on June 9 inaugurated the Binh Son Refining and Petrochemical Company in southern Binh Duong province.

Addressing the ceremony, Deputy Prime Minister Hoang Trung Hai noted that the new company will play an important role in ensuring safe and effective operation of the Dung Quat oil refinery plant.

The one-member limited liability company has registered capital of 30 billion VND invested by the PetroVietnam. It operates in a wide range of business, including trading and distributing oil and petrochemical products and supplying tools and materials for the oil and petrochemical industry.

Binh Son company will also provide services for oil products’ production and trade as well as invest in domestic and foreign oil and petrochemical projects.

VNA

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