JBIC asked to help restructuring of loss-making oil refinery in Vietnam

JBIC asked to help restructuring of loss-making oil refinery in Vietnam

Vietnamese Prime Minister Pham Minh Chinh has asked the Japan Bank for International Cooperation (JBIC) to get involved in the restructuring of loss-making Nghi Son Refinery and Petrochemicals LLC (NSRP), the second oil refinery in the country.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Nghi Son oil refinery needs to cut losses quickly: Vietnam PM

Nghi Son oil refinery needs to cut losses quickly: Vietnam PM

Japan’s Idemitsu Group and its partners need to improve governance, develop efficient operational processes, and apply modern technology to reduce input costs, cutting losses at the Nghi Son oil refinery as soon as possible, said Prime Minister Pham Minh Chinh.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Nghi Son oil refinery beats maintenance schedule

Nghi Son oil refinery beats maintenance schedule

Maintenance work at the Nghi Son oil refinery in Thanh Hoa province, central Vietnam was completed Wednesday, seven days ahead of the 55-day schedule.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Japan-invested firm inaugurates wood pellet factory in central Vietnam

Japan-invested firm inaugurates wood pellet factory in central Vietnam

Idemitsu Green Energy Vietnam, a business invested by Japan’s Idemitsu Kosan, inaugurated a wood pellet factory in the south-central province of Binh Dinh on Friday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Investors of Vietnam’s largest refinery focused on securing raw material input

Investors of Vietnam’s largest refinery focused on securing raw material input

Japan’s Idemitsu Kosan and the three other owners of Vietnam's largest refinery Nghi Son are giving priority to ensuring cash flow for the complex so as to import sufficient crude oil, an Idemitsu executive said Thursday.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

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