Hyundai to hand over polypropylene plant to PetroVietnam by the end of May

22-Mar-10

Plant contractor Hyundai plans to hand over a 150,000 tpa polypropylene plant in Dung Quat oil refinery complex to the investor PetroVietnam. About 99.4% of construction has been completed and a trial production is scheduled for end of April. Hence the hand over should happen by the end of May. The VND3 trillion (US$166 mln) hi-tech plant will be supplied 260,000 tons of propylene feedstock from the refinery.