A joint venture worth 4.5 billion USD to construct the Long Son petrochemical complex has been signed by Petrol Vietnam Group, the Vietnam Chemical Corporation and foreign partners the Siam Cement Group ( Thailand ) and the Qatar Petroleum International Group ( Qatar ).
The Long Son petrochemical complex, located in the Long Son oil and gas industrial park in Ba Ria- Vung Tau province, will be the first petrochemical complex in Vietnam and apply the latest technologies.
Able to produce 1.4 million tonnes of olefin annually, the plant will help Vietnam to cut back on imported materials and meet the increasing demands from Vietnam and other ASEAN countries.
Secondary products such as polyethylene, polypropylene and vinyl chloride monomer will also be produced at the complex, which is planned to go into full operation in four years.-VNA
The Long Son petrochemical complex, located in the Long Son oil and gas industrial park in Ba Ria- Vung Tau province, will be the first petrochemical complex in Vietnam and apply the latest technologies.
Able to produce 1.4 million tonnes of olefin annually, the plant will help Vietnam to cut back on imported materials and meet the increasing demands from Vietnam and other ASEAN countries.
Secondary products such as polyethylene, polypropylene and vinyl chloride monomer will also be produced at the complex, which is planned to go into full operation in four years.-VNA
