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Binh Son Refining and Petrochemical Joint Stock Company - BSR: Journey of green energy and fuel conversion

In the context of the Vietnamese Government promoting the roadmap to mandate the use of E10 biofuel from the beginning of 2026 nationwide to fulfill Net-Zero commitments by 2050, Binh Son Refining and Petrochemical Joint Stock Company (BSR) is actively implementing this roadmap, including solutions to restore production at Dung Quat Biofuel Plant.

Báo Đại biểu Nhân dânBáo Đại biểu Nhân dân19/07/2025

At the 6-month review conference on the situation of petroleum supply to the market and directions and tasks for the last 6 months of 2025 chaired by the Minister of Industry and Trade , the Vietnam National Energy Industry Group (Petrovietnam) and BSR Company reported on the national plan and roadmap for biofuels. In which, E10 gasoline production uses biofuel from Dung Quat Ethanol Plant.

The roadmap for mandatory use of E10 biofuel from the beginning of 2026 was thoroughly implemented by BSR at the BSR Party Executive Committee Conference on implementing the Resolution of the Party Congress for the 2025-2030 term, determining the development strategy to 2030, with a vision to 2045, the Conference to review the first 6 months of the year and deploy tasks for the last 6 months of 2025; at the same time, promoting the implementation of the contents of Resolution No. 57 on green transformation, digital transformation and Vietnam's commitments at the COP26 Conference. BSR has proposed many plans and strategies towards the goal of sustainable development, emission reduction, competitiveness enhancement and adaptation to global energy transition trends.

This is a strategic step to proactively supply Ethanol domestically, reduce dependence on imports, and at the same time contribute to environmental protection and reduce emissions in the transportation sector - the largest emission sector in Vietnam today.

Photo 2 - In the 2025-2030 term, BSR identified one of the key tasks as continuing to operate the Dung Quat Biofuel Plant. Photo BSR

In the 2025-2030 term, BSR identified one of its key tasks as continuing to operate the Dung Quat Biofuel Plant. Photo: BSR

According to the new direction of the Ministry of Industry and Trade, from January 1, 2026, all gasoline circulating on the market will be required to be blended with 10% Ethanol, applicable to both A92 and A95 gasoline. This means that all commercial gasoline on the market must switch to E10 gasoline. With domestic gasoline consumption of about 1 - 1.2 million m3 per month, equivalent to 12 - 15 million m3/year, the amount of Ethanol needed to meet the blending requirements is about 1.2 - 1.5 million m3/year.

Up to now, domestic Ethanol production capacity meets about 450,000 m3/year, equivalent to 40% of demand, the rest must be imported. In the context of fluctuating world Ethanol prices, increasingly fierce market competition and import tax policies,... restoring the operation of domestic Ethanol factories is an urgent and effective solution.

At Dung Quat Biofuel Plant - managed by Central Petroleum Biofuel Joint Stock Company, construction began on an area of 24.62 hectares in Dung Quat Economic Zone (Quang Ngai) in September 2009. In 2014, the plant was put into commercial operation, producing 330 tons of ethanol products per day, contributing to promoting the E5 biofuel market nationwide.

Photo 3- BSR's Board of Directors inspected Dung Quat Biofuel Plant. Photo BSR

BSR's Board of Directors inspected Dung Quat Biofuel Plant. Photo: BSR

Faced with practical requirements and opportunities from green energy and clean energy policies and implementing the Resolution of the BSR Party Executive Committee on accelerating the journey of green energy and fuel conversion, the Central Petroleum Biofuel Joint Stock Company has developed a plan to continue production activities through the form of business cooperation.

Director of PetroVietnam Biofuel Joint Stock Company, Mr. Pham Van Vuong, said: “The plan to continue operating the plant is clearly established, in which the standard work will be completed in July - August 2025, the plant will be restarted in September, trial operation in October and commercial production will officially begin in November 2025. All repair costs and additional equipment investment to ensure the plant operates safely and effectively will be borne by PetroVietnam Biofuel Joint Stock Company and its partners. In particular, in this plan, the parties will increase the capacity of the CO2 recovery system by 40 - 50 tons/day to increase economic efficiency during the production and operation process.”

Photo 4- Dung Quat Biofuel Plant continues to operate in October 2025. Photo BSR

Dung Quat Biofuel Plant to resume operations in October 2025. Photo: BSR

On a general level, the return of Dung Quat Biofuel Plant to the biofuel supply chain is a positive signal for the entire Vietnamese energy industry in its efforts to green and reduce emissions.

Implementing the Government's roadmap for using E10 biofuel from the beginning of 2026 nationwide, the Vietnam National Energy Industry Group has resolutely directed the restart of fuel Ethanol production plants, in order to proactively source domestic supply, reduce dependence on imports and ensure national energy security.

Photo 5- BSR successfully sold the first batch of sustainable aviation fuel in early June 2025. Photo BSR

BSR successfully sold the first batch of sustainable aviation fuel in early June 2025. Photo: BSR

Previously, since 2015, BSR has been blending E5 RON 92 gasoline at Dung Quat Refinery's warehouse system and successfully selling it commercially to domestic partners. It is expected that in August, BSR will test blending E10 gasoline and organize sales by road to provinces in the Central region. Proactively producing and distributing biofuel not only helps BSR optimize its supply chain and increase product value, but also contributes to realizing the goal of sustainable development, towards a circular and carbon-neutral economy by 2050.


Source: https://daibieunhandan.vn/cong-ty-co-phan-loc-hoa-dau-binh-son-bsr-hanh-trinh-chuyen-doi-nang-luong-va-nhien-lieu-xanh-10380190.html


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