$5.4 billion petrochemical complex starts construction - News Summed Up

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$5.4 billion petrochemical complex starts construction


The project, at Long Sơn Commune, Bà Rịa – Vũng Tàu Province, 100km away from HCM City, is the first integrated petrochemical complex in Vietnam with total olefins capacity of 1.6 million tonnes each year. It is designed to produce various petrochemical products, including essential plastic materials such as polyethylene, polypropylene and other products in excess of 2 million tonnes each year. The Long Sơn Petrochemical project has an area of about 464 hectares and an additional 194 hectares of waterfront area for a deep sea port. SCG, one of Thailand’s best-known conglomerates, was founded in 1913 and has over 200 companies and 57,000 employees. SCG began its business operation in Vietnam in 1992 with a trading business and gradually expanded investment in diversified businesses in the cement-building materials, chemicals and packaging industries.


Source: The Nation Bangkok February 25, 2018 02:15 UTC



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