In the past two months, Binh Son Refining and Petrochemical Joint Stock Company ( BSR ) has launched two new products: sustainable aviation fuel and particulate sulfur. The launch of the sustainable aviation fuel product is an important milestone, marking a new step forward for BSR in its journey of researching and developing green and sustainable energy products. This forms the first closed green and sustainable energy supply chain in Vietnam, from importing raw materials, blending, quality control to supplying to aviation fuel companies and distributing to domestic and international flights. The particulate sulfur product has affirmed BSR's determination to open up a new direction in product diversification, reducing logistics costs and accessing a wider market.
Mr. Dang Dinh Ngoc Diep, Deputy Director of Dung Quat Oil Refinery, said: At the Oil Refinery, this liquid sulfur has long been produced in the solid form, which is easier to preserve and transport and has more applications, so customers are very interested, so the value of this is much higher.
Hoa Phat Dung Quat Steel Joint Stock Company is currently investing in 2 iron and steel production complexes and many other satellite projects in Dung Quat Economic Zone. Of which, Hoa Phat Dung Quat 1 iron and steel production complex with a designed capacity of 6 million tons/year has been put into operation since 2021. Currently, phase 1 of Hoa Phat Dung Quat 2 iron and steel production complex with a designed capacity of 2.8 million tons of high-quality hot-rolled coil steel/year has been put into operation. It is expected that phase 2 with a capacity of 2.8 million tons of high-quality hot-rolled coil steel/year will be put into operation in the third quarter of this year. With the orientation of promoting domestic supporting industry and services to participate deeply in the construction and operation of key national projects, in the period of 2025-2030, Hoa Phat Group aims to focus on deep processing and production of high-quality steel products to serve domestic demand and export, especially serving key national projects, in which priority is given to the production of high-speed rail steel products to meet the Government's expectations.
Mr. Vu Xuan Ha, Director of External Relations of Hoa Phat Dung Quat Steel Joint Stock Company, said: Based on the Dung Quat 1 and 2 projects, we have a crude steel volume of 12 million tons/year, mostly high-quality steel. We are looking forward to proposing deep processing projects, high-quality steel right in Quang Ngai, including steel for the North-South expressway and high-quality steel products for future projects such as shipbuilding steel, for the defense industry.
Industrial development is one of the three breakthrough tasks for the 2020-2025 term. In order for industry to develop strongly and truly play the role of the main driving force, promoting the socio-economic development of the province, in recent times, Quang Ngai has focused on implementing tasks and solutions for industrial development. Quang Ngai prioritizes selectively attracting high-tech, smart and environmentally friendly processing and manufacturing industrial projects; building mechanisms and policies to develop supporting industrial value chains, industry clusters, and encourage enterprises to invest in equipment innovation towards modernity and green development. This is also a solution for the province's key industrial products to improve their competitiveness, promote cooperation and linkage between enterprises producing key industrial products of Quang Ngai with enterprises of other provinces and cities in the country and abroad.
Chairman of Quang Ngai Provincial People's Committee Nguyen Hoang Giang emphasized: Actively accompany and promptly remove difficulties and obstacles for businesses and investors; create favorable conditions for land access, site clearance and tax incentives according to the provisions of law. Effectively implement Resolution No. 68-NQ/TW dated May 4, 2025 of the Politburo on private economic development in the province; strengthen support for private enterprises to access credit and land more conveniently, especially for start-ups, innovative enterprises and small and medium enterprises. Promote administrative reform administrative procedures , improving the investment and business environment associated with digital transformation, facilitating investment, production and business activities of enterprises and people; orienting to attract investment in the fields of high technology, semiconductors, green economy, circular economy, taking advantage of Dung Quat Economic Zone, Bo Y Border Gate Economic Zone and industrial parks. Promoting cooperation with provinces in the East-West economic corridor, taking advantage of Dung Quat port to develop logistics, attracting investment from international enterprises in the global supply chain.
Along with the accompaniment, support, and removal of difficulties and obstacles from the government, the proactive efforts of enterprises and production and business units in improving the competitiveness of industrial products in a systematic and scientific manner. That is the basis for enterprises in the province to improve the quality of goods and products, creating new vitality and value in the market economy.
Source: https://quangngaitv.vn/nang-cao-nang-luc-canh-tranh-cua-san-pham-cong-nghiep-6504799.html
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