Saturday, October 11, 2008

Gov’t vows to facilitate Bo Y economic zone growth

11:29' 25/07/2008 (GMT+7)

VietNamNet Bridge – Deputy Prime Minister Nguyen Sinh Hung says the Government will create more favourable conditions to turn the Bo Y International Border Gate Economic Zone into a developed economic area.

He made the statement at his working session with the Management Board of the Bo Y International Border Gate Economic Zone in Central Highlands Kon Tum Province on July 24.

Deputy PM Hung was accompanied by his Lao counterpart Somsavat Lengsavad during his visit to the zone, which lies in an area bordering both Laos and Cambodia.

He affirmed the Vietnamese Government will work to further promote friendship with Laos and Cambodia and also improve the living conditions of the people residing in the zone.

Deputy PM Hung asked the Management Board of the Bo Y international border gate and the provincial authorities to concentrate on completing infrastructure in the economic zone in addition to creating an attractive investment environment to draw more local and foreign investors into the area.

For his part, Lao Deputy PM Somsavat Lengsavad stressed the important role of the Bo Y International Border Gate Economic Zone, pledging that his country will coordinate with Vietnam and Cambodia in an effort to spur the development of the zone.

The Bo Y International Border Gate Economic Zone is located in the core of the economic development triangle that was endorsed by the prime ministers of Vietnam, Laos and Cambodia in Vientiane on November 21, 2004.

According to Nguyen The Dat, Head of the Management Board of the Bo Y International Border Gate Economic Zone, the zone has so far been home to 24 investment projects with a total registered investment capital of 195,230 billion VND.

It will house Bo Y international airport jointly developed by the Global Investment Enterprise Corporation (GIEC), Sem Tech of Malaysia and PMC Group of Singapore at a cost of 6 billion USD.

(Source: VNA)

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Đưa Nhà máy Lọc dầu Dung Quất vận hành vào tháng 2-2009

22-09-2008 00:14:05 GMT +7

(NLĐ) - Chủ trì cuộc họp giao ban đánh giá kết quả dự án Nhà máy Lọc dầu Dung Quất qua 39 tháng xây dựng vào ngày 21-9, tại Quảng Ngãi, Phó Thủ tướng Hoàng Trung Hải nhấn mạnh cần tập trung lực lượng cho công tác chạy thử để đưa nhà máy chính thức vận hành vào tháng 2-2009.

Phó Thủ tướng đánh giá cao và biểu dương những nỗ lực của chủ đầu tư, ban quản lý dự án, các nhà thầu tư vấn - thi công..., đã nỗ lực đạt được tiến độ tại công trình. Đến ngày nhà máy chính thức vận hành sản xuất cho ra sản phẩm đầu tiên - dự kiến 25-2-2009 - khối lượng phần việc còn lại rất lớn. Phó Thủ tướng lưu ý, ngoài việc phải hoàn thành 100% công tác thi công xây lắp, các đơn vị cần thực hiện công tác chạy thử, chạy nghiệm thu từng hạng mục, tiến tới bảo đảm toàn bộ nhà máy đưa vào vận hành sản xuất đúng tiến độ.

- Sáng cùng ngày, Phó Thủ tướng Hoàng Trung Hải đã đến dự buổi ra mắt Công ty Cổ phần Nhiên liệu sinh học miền Trung và trao giấy phép đầu tư dự án Nhà máy Sản xuất bio- ethanol Dung Quất. Nhà máy này có tổng vốn đầu tư 2.000 tỉ đồng. Sản phẩm chính của nhà máy là ethanol (khoảng 100 triệu lít/năm) và một số sản phẩm phụ khác.

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Nhà máy Lọc dầu Dung Quất có thể sẽ bán cổ phần cho đối tác nước ngoài

Chủ tịch HĐQT Tập đoàn Dầu khí Việt Nam (PVN) cho biết, PVN vừa có văn bản gửi TTCP xin chủ trương chuyển nhượng cổ phần Nhà máy Lọc dầu Dung Quất cho đối tác nước ngoài.

Đã có một số đối tác nước ngoài, như Essar (Ấn Độ), Shell (Hà Lan), Zarubezhneft và Rosneft (Nga) làm việc với PVN xung quanh việc mua cổ phần và tham gia đầu tư nâng cấp, mở rộng Nhà máy Lọc dầu Dung Quất.Cũng theo đề xuất của PVN, số lượng cổ phần tối đa mà đối tác nước ngoài có thể nắm giữ tại Công ty Lọc hóa dầu Bình Sơn là 49%.

Mỏ Bạch Hổ - nơi cung cấp dầu thô cho Nhà máy Lọc dầu Dung Quất - đã qua thời kỳ khai thác đỉnh cao, nên một trong những nguyên tắc ưu tiên trong quá trình lựa chọn đối tác để chuyển nhượng cổ phần của Nhà máy Lọc dầu Dung Quất là có khả năng thu xếp hoặc cung cấp nguồn dầu thô lâu dài và ổn định cho Nhà máy.

Theo Thanh Hương
Báo Đầu tư

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Why an Ethanol Plant needs to build?

What is Ethanol?
Ethanol production also yields large quantities of distillers grain. This grain, which can be used both wet and dry, is a high protein feed suitable for livestock.

A third product created during ethanol production is carbon dioxide. Carbon dioxide is used in many food preparations as well as other industrial processes.

A wide variety of specialty products exist and are being developed which can be derived from the Ethanol process.

How Ethanol is Made?

Ethanol is made using the following dry mill process:

Why an Ethanol Plant?

  • Strong demand for ethanol as both an oxygenate and an octane enhancer
  • Allow farmers to participate in a significant value added opportunity and hedge part of the commodity price risk associated with growing corn
  • Increase demand for Ontario grain
  • Economic opportunity for rural Ontario
  • Protect the environment through reduced carbon monoxide and green house gases
Some pictures of Ethanol Plant Construction






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Bio- ethanol plant licensed to Dung Quat EZ

Dung Quat Economic Zone Management Board on September 21 granted an investment license to the Central PetroVietnam Biofuel Joint Stock Company to build a bio-ethanol production plant.

The Dung Quat Bio-ethanol Plant has a total investment capital of VND 2 trillion and is equipped with modern processing technology. It is expected to use 220,000 tonnes of cassava every year as the main feedstock to turn out annually 100 million tonnes of ethanol to be used as a biofuel alternative to gasoline.

The factory, scheduled for completion by 2010, is an investment of the Central Oil and Gas Biofuel Joint Stock Company, jointly set up by three subsidiaries of the Vietnam National Oil and Gas Group (PetroVietnam): PetroVietnam Tourism and Service Company (Petrosetco), the Binh Son Refining and Petrochemical Company and the PetroVietnam Finance Company.

Via: ND

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Friday, October 10, 2008

ViTuyen Wedding Photos Sharing

Hello to ALL!

Thank you so much for your time and your greetings to our Wedding Ceremony & Party at Tuy Hoa and HCMC.

Welcome all our friends to visit and enjoy our photos at ViTuyen's Wedding Party on 16 Dec 2007 at Phuc An Khang Restaurant, HCMC at the following link:

http://picasaweb.google.com/vituyenweddingphotos

There are some albums which were divided into groups:

- ViTuyenEngagedCeremony
- TuyHoaWeddingCeremony
- TuyHoaWeddingParty
- StudioPictures
- SaiGonWeddingParty_Hòa Vinh+H.Xuân+H. Hiệp
- SaiGonWeddingParty_12ToanLV
- SaiGonWeddingParty_Relatives
- SaiGonWeddingParty_ViTuyen
- SaiGonWeddingParty_12AnhLVC
- SaiGonWeddingParty_FTU
- SaiGonWeddingParty_SCB
- SaiGonWeddingParty_JGC
- SaiGonWeddingParty_BachKhoaUOT
- Honeymoon
- Holiday

Wishing you all the best in your works and happiness in your lives.

Best regards,

ATTIRILY

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Nghi Son Petrochemical Refinery Complex in Vietnam

Key Data:
Project
Nghi Son Petrochemical Refinery Complex
Owners
Viet Nam National Oil and Gas Group (PetroVietnam), Kuwait Petroleum International (KPI), and the Japanese companies Idemitsu Kosan Corp (IKC) and Mitsui Chemicals Inc (MCI)
Location
Nghi Son Economic Zone, in Thanh Hoa Province, Vietnam
Cost
$6.2bn
Start Up
End of 2013
Products
May include: octane unleaded gasoline, fuel oil and bitumen, polypropylene and polyethylene terephthalate (PET)
Financing
Japan Bank for International Co-operation
Feasibility Study
ABB Lummus Global
Front End Engineering and Design
Foster Wheeler Energy Limited


At the beginning of May 2008 groundwork began on what has been described as one of Vietnam's "largest and most important projects".

The Nghi Son Petrochemical Refinery Complex is set to be built in the Nghi Son Economic Zone, in Thanh Hoa Province, Vietnam.

"Major construction work will start in April 2010 with the complex becoming operational by the end of 2013."

The investment cost for the complex which includes a refinery producing up to 10mtpa of crude along with petrochemical capacity has been put at $6.2bn.

It is anticipated that the major construction work will start in April 2010 with the complex becoming operational by the end of 2013.

Project owners and financing

The Nghi Son Petrochemical Refinery Complex is a joint venture between state-owned Viet Nam National Oil and Gas Group (PetroVietnam), Kuwait Petroleum International (KPI), and the Japanese companies Idemitsu Kosan Corp (IKC) and Mitsui Chemicals Inc (MCI).

The partners hold stakes of 25.1%, 35.1%. 35.1% and 4.7% respectively. The joint venture was established during April 2008.

The Japan Bank for International Co-operation (JBIC) is providing a loan for 70% of the projects initial capital. Current paid in capital is put at $200m.

Feasibility study

At the start of 2008, US-based ABB Lummus Global was awarded a contract to prepare a detailed feasibility study of the Nghi Son Petrochemical Refinery Complex.

"Once operational, the two refineries will allow Vietnam to meet 50% of domestic demand for oil products."

A pre-feasibility study laid the ground work for a refinery with a capacity of 7mpta based on a mix of Vietnamese and Middle East crude. The wide-ranging product slate includes high octane unleaded gasoline, fuel oil and bitumen, along with the petrochemical products polypropylene and polyethylene terephthalate (PET) and associated feedstock.

ABB said that the emphasis of the detailed feasibility study would to be to establish an optimum refinery configuration to meet existing Southeast Asia product needs as well as demand for downstream petrochemical processing units. The company added that "advanced modelling techniques such as linear programming and cash flow calculations will be used to optimise the refinery configuration."

Front end engineering and design

In July 2008 UK-based Foster Wheeler Energy Limited announced that it had been awarded the front end engineering and design (FEED) contract for the planned Nghi Son Refinery & Petrochemical Complex. The FEED work is expected to be concluded during the fourth quarter of 2009. The value of the contract was not disclosed.

Background

Vietnam's first oil refinery is nearing completion and is due to become operational during 2009. The latest plans to develop more refining capacity are important to Vietnam as it will allow the country to secure a national energy strategy and reduce its dependence on imports of petroleum-based products.

It is anticipated that once operational, the two refineries would allow Vietnam to meet 50% of domestic demand for oil products. In addition, the Nghi Son project would contribute to the development of petrochemical and supporting services industries creating many jobs.



The country's second-largest oil refinery will be built in Thanh Hoa Province by a joint venture between the Viet Nam National Oil and Gas Corp. Kuwait Petroleum International and Japanese companies Idemitsu Kosan Corp and Mitsui Chemicals Inc.




During April 2008 the joint venture contract to establish Vietnam's second refinery was signed in Ho Chi Minh City.

Source: chemicals-technology.com

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