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.
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.
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.
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.
