SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August

SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August

The $5.4 billion Long Son Petrochemicals Complex (LSP) in Vietnam’s southern province of Ba Ria-Vung Tau is set to restart activities in July-August for a final test run before commencing commercial operations in August.

Industries - Sat, May 11, 2024 | 2:48 pm

$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June

$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 - Tue, April 2, 2024 | 10:10 am

$5.4 bln Long Son Petrochemicals Complex eyes full capacity operations this month

$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 - Wed, February 7, 2024 | 3:58 pm

Vietnam operations result in $1.26 bln revenue for Thai giant SCG in 2023, topping overseas earners

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 - Tue, January 30, 2024 | 3:29 pm

$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 - Tue, January 2, 2024 | 8:55 pm

$5.4 bln Long Son Petrochemicals complex initiates full trial run

$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 - Tue, December 26, 2023 | 10:49 am

Finance ministry rejects Long Son Petrochemical proposal for higher import taxes

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 - Thu, November 23, 2023 | 12:24 pm

Vietnam operations result in $900 mln revenue for Thai giant SCG in Jan-Sep

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 - Wed, November 15, 2023 | 10:23 am

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 - Tue, October 31, 2023 | 2:50 pm

BIDV provides $200 mln credit line to Long Son Petrochemicals

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 - Wed, August 30, 2023 | 2:01 pm

Vietnam operations net $607 mln in H1 revenue for Thai giant SCG

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 - Wed, August 9, 2023 | 3:22 pm

VietinBank extends $120 mln credit line to Long Son Petrochemicals

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 - Tue, August 8, 2023 | 9:57 pm

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 - Fri, July 28, 2023 | 9:23 am

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 - Thu, March 9, 2023 | 11:42 am