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 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.
SCG has signed loan agreements worth over US$3.2 billion with six banks in its home country, Thailand, to fund construction of Viet Nam’s first fully integrated petrochemical complex, Long Son Petrochemicals Company Limited (LSP).
Nghi Son Refinery and Petrochemical Limited Liability Company on Wednesday received the Ready For Start Up (RFSU) certificate for its Nghi Son Refinery and Petrochemical Complex Project (NSRP project).
Thailand-based conglomerate SCG on February 24 broke ground at its flagship project of Long Son Petrochemicals (LSP) at Long Son Commune, Ba Ria – Vung Tau Province, 100km away from HCM City.
South Korea’s Hyundai Engineering and Construction Company (HEC) has won a US$320 million contract to build facilities at the Long Son Petrochemical Complex.
The US$9 billion Nghi Son refinery and petrochemical complex in the central province of Thanh Hoa is expected to become operational in the last quarter of the year.
Construction is expected to start in the latter half of 2017 for the
long-delayed US$4.5 billion project Long Sơn Petrochemical Complex in Bà
Rịa – Vũng Tàu Province.
Construction started today on a US$9 billion Nghi Son refinery and
petrochemical complex in the central province of Thanh Hoa, Viet Nam''s
largest-ever FDI project.
The People''s Committee of southern Ba Ria-Vung Tau Province has handed
over 400ha of land to the Long Son petrochemical complex project, which
has an investment of US$4.5 billion.