BSR proactively weathers the storm of 2026.

QNgTV - Although it weathered the storm to reach its target early in 2025, forecasts indicate that even bigger storms await Binh Son Refining and Petrochemical Joint Stock Company (stock code BSR) in the future, requiring the company to proactively implement key solutions to overcome them and complete its tasks in the pivotal year of 2026.

In 2025, despite facing numerous difficulties, Binh Son Refinery and Petrochemical Company successfully completed its production and business objectives.

Forecasts indicate that in 2026, the price of Dated Brent crude oil will fall below $60 per barrel due to a prolonged oversupply from OPEC+ countries. Consequently, the consolidated revenue of Binh Son Refining and Petrochemical Joint Stock Company in 2026 is expected to fall short of the planned target by more than 32 trillion VND.

To proactively weather the "storm" of 2026, Binh Son Refining and Petrochemical Joint Stock Company will focus on implementing two main groups of solutions. These include: focusing on managing volatility, aiming to ensure stable, safe, and continuous operation of the plant at high capacity, optimizing costs and product structure; and restoring production at the Dung Quat Biofuel Plant to increase the supply of E100 as a raw material for blending E5 and E10 gasoline products. Furthermore, the company will optimize cash flow to increase revenue and financial profits; actively seek opportunities to provide services externally and develop business and services from its subsidiaries.

Binh Son Refining and Petrochemical Joint Stock Company aims to research and test increasing the refinery's capacity to 123% - 125% of its designed capacity. It will promote innovation, develop production and business of new products, and target revenue of approximately 57 trillion VND. It will also boost sales and international trade to increase revenue by nearly 8.2 trillion VND. Furthermore, it will research and implement plans to increase production outside the refinery and develop external services, aiming for an increase of 500 billion to 3 trillion VND in revenue by 2026.

Source: https://quangngaitv.vn/bsr-chu-dong-vuot-bao-2026-6512117.html