Japan’s energy firm opens subsidiary in Vietnam

Japan’s energy firm Idemitsu Kosan Ltd, Co. has established a subsidiary in Vietnam for production and sales of lubricant oil for motorbikes, meeting the growing demand of this product.

The company announced on August 16 that it has invested about US$23.3 million in Idemitsu Lube Vietnam Co., which is located in the northern port city of Haiphong. The plant, to be built on a six-hectare area, is expected to start operation in January 2014.

The company aims to sell around 20,000 kilolitres of lubricant oil in 2015, with an expected total turnover of US$35 million.

By Le My

Same Category

Contract Award Notice - Capacity Building on energy efficiency policies development, implementation and EE project development for Government agencies (Package No. C2.1.13)

18/11/2024

Schneider Electric urges PH data centres to implement sustainable solutions to minimise energy consumption 04/11/2024

Schneider Electric highlights the critical need for sustainable data center design to reduce carbon emissions and enhance resilience. Through advanced digital solutions, Schneider aims to optimize energy use and drive sustainability in the data center industry.
Schneider Electric Collaborating with NVIDIA on Designs to Increase Energy Efficiency for AI Data Centers 27/10/2024

Schneider Electric expects the reference designs to address the evolving demands of AI workloads while optimizing performance, scalability, and overall sustainability
VSUEE Project Implementation Promotional Measures: Challenges and Opportunities 11/10/2024

On the morning of October 9, 2024, the Ministry of Industry and Trade, in collaboration with the World Bank, organized a roundtable discussion on "VSUEE Project Implementation Promotional Measures: Challenges and Opportunities".
Promoting the Energy Efficiency Investment Market in the Industrial Sector 01/10/2024

On the morning of September 27, 2024, in Ho Chi Minh City, the Ministry of Industry and Trade, in collaboration with the Korea International Cooperation Agency (KOICA), organized "Promoting the Energy Efficiency and Conservation Investment Market in Vietnam's Industrial Sector" seminar.
EOI Extension (#3): C2.2.2: Review and update for current EE benchmarking for 2 sub-industrial sectors 13/09/2024

About Extension (#3) Bidding Package: C2.2.2: Review and update for current EE benchmarking for 2 sub-industrial sectors, develop new EE&EC standards for 2 sub-industries and technical guidelines development for those sectors.
Training energy experts on boiler system optimization 02/07/2024

June 25 - 28, 2024 in Hanoi, the Ministry of Industry and Trade coordinated with the United Nations Industrial Development Organization (UNIDO) to organize a training course for experts on optimizing steam systems in industry.
Technical consultation seminar on VAS's findings 02/07/2024

On the morning of June 26, 2024, in Hanoi, the Ministry of Industry and Trade collaborated with the Danish Energy Agency and the Embassy of Denmark to organize a Consultation Workshop on "Selected Guidelines of the Voluntary Agreement Scheme (VAS) Operation Manual and VAS Findings”.
Optimizing Compressed Air Systems for Southern Industrial Enterprises 22/05/2024

On May 14-15, 2024, in Ho Chi Minh City, the Ministry of Industry and Trade, in cooperation with the United Nations Industrial Development Organization (UNIDO), conducted a training course on optimizing compressed air systems in industry.