With a total investment of about US$5.4 billion, the complex has a designed capacity of 1.4 million tonnes of olefin resin per year, aimed at producing a variety of petroleum products.
The project is developed on an area of more than 46 ha in Kim Sơn Commune, Trà Cú District, to build a petroleum storage with a capacity 50,000 cu.m and a terminal which is capable of receiving 20,000 tonne vessels.
The Nghi Sơn Refinery & Petrochemical Limited Liability Company (NSRP) achieved a net revenue of about US$6.4 billion in 2023 and contributed about $820 million to the State budget.
Petrolimex Petrochemical Corporation (PLC) reduced this year''s sales revenue plan to nearly VNĐ8.4 trillion, down 5.7 per cent from the original target but keep the output target unchanged.
Bình Sơn Refinery and Petrochemical JSC (BSR) announced a collaboration with Deloitte Việt Nam to adapt the International Financial Report Standards (IFRS), aiming at listing on the international market and calling for investments.
The Stavian Quảng Yên Petrochemical Plant Project on Friday officially received the technology transfer licenses for petrochemical technology to produce polypropylene (PP) resins.
The joint initiatives between NSRP and BSR encompass resource sharing, expertise exchange, technical and maintenance services, collaboration in raw material and oil product exchange.
Stavian Quang Yen Petrochemical and Tecnimont on Thursday signed a Front End Engineering Design (FEED) service contract for the Stavian Quang Yen Petrochemical Plant Project.
The newly-inaugurated items are essential and inseparable parts of the Southern Petrochemical Complex, a major project of the oil and gas sector which has a total investment of over US$5 billion.
Stavian Quang Yên Petrochemical Plant on Tuesday announced choosing technology licenses from Honeywell UOP (USA) and Basell Poliolefine Italia (Italy) for its polypropylene production.
Nghi Sơn Refinery and Petrochemical LLC (NSRP) has received a request from the Ministry of Industry and Trade (MoIT) to maintain stable production activities and maximise production to ensure petroleum supply to the domestic market.