LSP will produce various petrochemical products, including essential plastic resins such as polyethylene (PE) and polypropylene (PP), to serve customers both domestically and internationally.
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.
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).
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.
Thailand’s SCG Group wants complete stake of Viet Nam Oil and Gas Group (PVN) to own 100 per cent of the Long Son Petrochemicals (LSP) Complex in the southern province of Ba Ria —Vung Tau.
Vietnam Oil and Gas Group (PVN) and Siam Cement Public Company Limited (SCG) signed a memorandum of understanding (MoU) on speeding up the process of the Long Son Petrochemicals (LSP) Complex in the southern province of Ba Ria – Vung Tau.
Thailand’s Siam Cement Group (SCG) has acquired a part of Long Son Petrochemicals (LSP) Complex for US$36.1 million, reviving its delayed petrochemical complex in Viet Nam.
Viet Nam continued to attract further investment from ASEAN countries
this year, according to the Ministry of Planning and Investment''s
Foreign Investment Agency.
The Vietnam Oil and Gas Group (PVN) bought a 11 per cent stake in the
National Chemicals Group (Vinachem) in the Long Son Petrochemicals
Complex project on November 17