Vung Ro Petroleum extend warmest greetings to partners and colleagues, wishing everlasting success, health and prosperity. May this year be filled with joy and spirit and bring happiness in every moment.
On September 27, 2014, Vung Ro Petroleum Ltd. in cooperation with the Department of Environment and Natural Resources of Phu Yen Province and Dong Hoa District People’s Committee successfully organized an Opening Ceremony for the Campaign “Clean Up The World”.
Crowning the outstanding efforts of the parties involved, on Sept. 09, 2014, at Hoa Tam commune (Dong Hoa district), Vung Ro Petroleum Ltd. held the groundbreaking ceremony of Vung Ro Petroleum oil refinery and petrochemical complex. Groundbreaking ceremony was a crucial milestone marking great efforts of the government and investors in the process of project implementation.
Vung Ro Petroleum Ltd. and Integral Power Engineering, LLC (IPE) engaged in a contract agreement for the provision of consultancy services in order to optimize the infrastructural part of the refinery and petrochemical complex. Houston, Texas based Integral Power, LLC is a project development company on the front lines of industrial Combined Heat & Power (CHP).
Vung Ro Petroleum Ltd. and AON Plc. signed a contract on July, 2 2014 for the provision of insurance brokerage services including risk assessment and management so as to obtain a reliable and durable insurance program. Risk Management Program will identify and eliminate potential vulnerabilities of the project in long/medium terms, thereby creating favorable conditions for attracting investments.
On March 28, 2014 Vung Ro Petroleum Ltd. signed a License agreement with Haverly Systems Inc. for usage of proprietary computer software packages and support services. Haverly products will optimize the work of the petrochemical complex in real time, taking into account the volatility of commodity and oil product markets.
On November 14, 2013 Vung Ro Petroleum Limited signed the License and Engineering and Technical Services with Lummus Technology Inc. for Ethylene Recovery and Olefins Conversion Units.
On October 20th 2013, the Engineering, License and Guarantee Agreement related to the Vung Ro Refinery Project between Vung Ro Petroleum Limited and Jacobs Nederland B.V was issued.
Vung Ro Petroleum has engaged INEOS Technologies to provide its Innovene PP process for the manufacture of homopolymers, random copolymers and impact copolymers for its refinery complex which is being developed at Hoa Tam Commune, Dong Hoa District of Phu Yen Province, Vietnam.
Vung Ro Petroleum Company Limited today awarded a contract to Japan’s JGC Corporation to execute the Front-End-Engineering Design (FEED) of its USD4 billion oil refinery and petrochemical plant in Vietnam.