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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

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

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

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

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

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

JBIC asked to help restructuring of loss-making oil refinery in Vietnam

Vietnamese Prime Minister Pham Minh Chinh has asked the Japan Bank for International Cooperation (JBIC) to get involved in the restructuring of loss-making Nghi Son Refinery and Petrochemicals LLC (NSRP), the second oil refinery in the country.

Economy - Tue, December 19, 2023 | 10:04 am

Russia’s TAIF eyes petrochemical plant investment in central Vietnam

TAIF, a major petrochemicals and energy player in Russia, has shown interest in investing in a petrochemical plant in Vietnam’s central coastal province of Khanh Hoa.

Industries - Fri, November 24, 2023 | 8:30 pm

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

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