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
Thai shareholder to pocket $22.7 mln as Binh Minh Plastics pays dividends of 126%
Major shareholder Nawaplastic Industries, a member of Thailand’s Siam Cement Group (SCG), will receive over VND567 billion ($22.65 million) in cash as Binh Minh Plastics JSC plans to devote up to 99% of its 2023 after-tax profit to dividends at a rate of 126%.
Companies - Mon, April 15, 2024 | 11:08 am
$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
Binh Minh Plastics set to scale 47-year profit peak: broker
Binh Minh Plastics JSC could earn the highest profit in its 47-year history at VND1 trillion ($41 million) last year, according to leading Vietnamese broker Saigon Securities (SSI).
Companies - Sat, January 6, 2024 | 3:33 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
Thailand’s SCG Packaging completes 70% stake acquisition in carton maker Starprint Vietnam
SCG Packaging (SCGP), under Thailand’s giant Siam Cement Group (SCG), has completed a 70% stake acquisition of Vietnam’s Starprint Vietnam JSC for VND676.8 billion ($27.8 million).
Companies - Wed, December 20, 2023 | 3:21 pm
Vietnam, Thailand to upgrade partnership to comprehensive strategic level
Thailand has agreed to upgrade its partnership with Vietnam to a comprehensive strategic level, Thai Prime Minister Srettha Thavisin said, while affirming he would visit Vietnam in 2024.
Economy - Sat, December 9, 2023 | 10:22 am
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
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
Binh Minh Plastics to pay $353,000 in fines, tax arrears
Binh Minh Plastics JSC, a subsidiary of Nawaplastic Industries which is a member of Thailand’s Siam Cement Group (SCG), will pay over VND8.6 billion ($352,800) in fines and tax arrears per a decision by the General Department of Taxation.
Companies - Mon, September 25, 2023 | 12:29 pm
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SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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- Editor’s Picks
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
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SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
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AG&P LNG to start operating southern Vietnam LNG terminal in Sept
