The Dung Quat Oil Refinery (BSR) in central Quang Ngai Province, the country’s first oil refinery, has been recognised among the top 10 eco-friendly factories in Viet Nam this year.

The accreditation came from the Viet Nam Association for Environmental Economics (VIASEE) under the Ministry of Natural Resources and Environment.

VIASEE listed a range of the plant’s products, including unleaded E5 RON 92 and RON 95 petrol.

E5 RON 92 consists of 5 per cent ethanol and 95 per cent petrol. The fuel is used in many countries as it helps protect the environment and ensure energy security and sustainable development. In Viet Nam, two kinds of petrol are sold: E5 bio-fuel and RON 95.

The Binh Son Oil Refinery and Petrochemical JSC, which runs the plant, has prioritised investments in waste treatment technologies, including the use of chemicals and micro-organisms, meeting environmental sanitation requirements.

This is the second consecutive year that BSR has won the green title awarded by VIASEE.

The company, a subsidiary of the Viet Nam Oil and Gas Group (PetroVietnam), reported a pre-tax profit of VND1.3 trillion (US$57.1 million) in the first quarter of 2018, up by 46 per cent compared to the quarterly target. — VNS