The would-be Vietnam's largest petrochemical complex has reportedly set construction at the Long Son Oil and Gas Industrial Zone in southern Ba Ria-Vung Tau province underway. The nation's first petrochemical complex is a 4-way JV between Vietnam National Oil and Gas Group (PetroVietnam), Vietnam National Chemical Corporation (Vinachem), Vina SCG Chemicals under the Thailand Cement Group, and Thai Plastic and Chemicals. The total outlay for the project is US$4 bln and is expected to have a production capacity of 3 mln tpa of products once it becomes operational in 2013. The petrochemical complex will be sole producer of PE, PP and PVC and will churn out 1.45 mln tpa of PE and PP granules, 730,000 tpa of materials for the production of PVC and 840,000 tpa of other chemicals.
30-Sep-08 
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}