$5.4 billion petrochemicals complex to begin commercial operations in March

$5.4 billion petrochemicals complex to begin commercial operations in March

The $5.4 billion Long Son Petrochemicals Complex, invested by Thailand’s SCG Chemicals, began a full trial run last month towards commercial operations in March 2024.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Long Son Petrochemicals complex to begin trial run next month

Long Son Petrochemicals complex to begin trial run next month

The $5.4 billion Long Son Petrochemicals Complex is set to begin full trial run in November, towards commercial operation in January 2024, a Long Son Petrochemicals Co. (LSP) leader said Monday.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam should open up wholesale electricity market: Long Son petrochemical complex

Vietnam should open up wholesale electricity market: Long Son petrochemical complex

Vietnam should open up the wholesale electricity market mechanism, Long Son Petrochemicals Complex (LSP), invested by Thailand's The Siam Cement Group (SCG), proposed on Monday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s largest refinery avoids suspension with improved cash flow

Vietnam’s largest refinery avoids suspension with improved cash flow

Nghi Son, Vietnam’s largest refinery, is expected to avoid a prolonged suspension with improved cash flow enabling a November debt repayment, a Nikkei Asia report said Thursday.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Binh Dinh province eyes 500ha port for controversial steel project

Binh Dinh province eyes 500ha port for controversial steel project

Binh Dinh province is seeking the Ministry of Planning and Investment's appraisal for a 497-hectare port project to serve the planned mega Long Son Iron and Steel Complex, which has sparked environmental concerns among local residents.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Dung Quat oil refinery expansion priced at over $1.2 billion

Dung Quat oil refinery expansion priced at over $1.2 billion

Vietnam’s government has decided to expand the Dung Quat oil refinery's capacity to 171,000 barrels a day by 2028 from the current 148,000 barrels, with an investment of more than $1.2 billion.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Long Son iron project stirs up public concern

Long Son iron project stirs up public concern

Information about the "great project" of Long Son Iron and Steel Complex and its specialized port has caused public concern in the central province of Binh Dinh about the risk of environmental pollution and damage to natural landscapes and relics.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Long Son Petrochemicals urges ministries to finalize tax preferences

Long Son Petrochemicals urges ministries to finalize tax preferences

Long Son Petrochemicals Company Limited (LSP) has urged two ministries to aid the Long Son Petrochemicals Complex by finalizing the tax preferences, particularly for material imports, to avoid delays to the project.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam's biggest oil refinery to run at full capacity, ensure fuel supplies

Vietnam's biggest oil refinery to run at full capacity, ensure fuel supplies

Nghi Son Refinery and Petrochemicals, Vietnam's largest, will operate at full capacity in the fourth quarter to assure stable supplies of petroleum products in the domestic market.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Investors of Vietnam’s largest refinery focused on securing raw material input

Investors of Vietnam’s largest refinery focused on securing raw material input

Japan’s Idemitsu Kosan and the three other owners of Vietnam's largest refinery Nghi Son are giving priority to ensuring cash flow for the complex so as to import sufficient crude oil, an Idemitsu executive said Thursday.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Petrovietnam pursues $19 bln petrochemical, reserve complex

Petrovietnam pursues $19 bln petrochemical, reserve complex

State-run Petrovietnam has proposed the government consider investment for a $19 billion oil refinery and national crude oil, petroleum reserve in the south.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thai group’s $5.4 bln Vietnam petrochemical complex 96% complete

Thai group’s $5.4 bln Vietnam petrochemical complex 96% complete

The Siam Cement Group’s (SCG) Long Son Petrochemicals Complex in southern Vietnam was 96.2% complete as of July, according to a source with knowledge of the matter.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Heavy industry support lures tenants to Phu My 3 specialized IP

Heavy industry support lures tenants to Phu My 3 specialized IP

The Phu My 3 Specialized Industrial Park in southern Vietnam has been attracting tenants by offering dedicated, international standard infrastructure and services.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Northern Vietnam to house $1.5 bln petrochemical complex

Northern Vietnam to house $1.5 bln petrochemical complex

Stavian Chemical, a major global polymers distributor with significant presence in Southeast Asia, has struck a deal to develop a $1.5 billion petrochemical facility in Quang Ninh province.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Petrovietnam eyes US-based KBR involvement in Vietnam oil industry

Petrovietnam eyes US-based KBR involvement in Vietnam oil industry

The state-run Petrovietnam has suggested U.S. engineering and construction corporation KBR join investments in the mammoth Long Son Petrochemical Complex project in southern Vietnam.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7