$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
The $5.4 billion Long Son Petrochemicals Complex (LSP) in Vietnam’s southern province of Ba Ria-Vung Tau has experienced an unexpected technical setback during a test run of the whole complex.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
$5.4 bln Long Son Petrochemicals Complex eyes full capacity operations this month
The $5.4 billion Long Son Petrochemicals Complex (LSP) in the southern province of Ba Ria-Vung Tau targets full capacity operations later this month, CEO Kulachet Dharachandra said Monday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam operations result in $1.26 bln revenue for Thai giant SCG in 2023, topping overseas earners
Thailand’s Siam Cement Group (SCG) earned revenues of THB121.85 billion ($3.45 billion) from overseas business in 2023, down 23% year-on-year, including THB44.55 billion ($1.26 billion) from Vietnam, down 25%.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
$5.4 bln Long Son Petrochemicals complex initiates full trial run
The $5.4 billion Long Son Petrochemicals Complex started a full trial run in Vietnam’s southern province of Ba Ria-Vung Tau on Monday, with the participation of Ba Ria-Vung Tau Chairman Nguyen Van Tho.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Finance ministry rejects Long Son Petrochemical proposal for higher import taxes
The Ministry of Finance has disagreed with a proposal by Long Son Petrochemicals (LSP), the investor of the $5.4-billion Long Son Petrochemicals Complex, to raise the most-favored nation (MFN) tax on some plastics products from 0% to 3%.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam operations result in $900 mln revenue for Thai giant SCG in Jan-Sep
Thailand’s Siam Cement Group (SCG) earned a revenue of THB379.03 billion ($10.67 billion) in the first nine months of this year, down 15% year-on-year, including THB31.98 billion ($900.6 million) from Vietnam, down 30%, according to its latest report.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
BIDV provides $200 mln credit line to Long Son Petrochemicals
State-controlled BIDV, one of the “Big 4” banks in Vietnam, and Long Son Petrochemicals (LSP), invested by Thailand's The Siam Cement Group (SCG), signed a $200 million credit agreement in July, the bank announced on Monday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam operations net $607 mln in H1 revenue for Thai giant SCG
Thailand’s Siam Cement Group (SCG) has earned revenues of THB21,244 million ($607.5 million) from its Vietnam operations in the first half of this year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VietinBank extends $120 mln credit line to Long Son Petrochemicals
VietinBank, one of Vietnam’s “Big 4” banks, and Long Son Petrochemicals (LSP), invested by Thailand's The Siam Cement Group (SCG), signed a $120 million credit agreement on Monday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long Son petrochemical complex can enter operation in mid 2023
The Long Son Petrochemicals Complex in the southern province of Ba Ria-Vung Tau can enter commercial operation in mid-2023 as construction has been 98% complete.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
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