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Thailand’s conglomerate – SCG has officially kicked start the construction of Long Son Petrochemicals project in Vietnam after more than ten years of development. A groundbreaking ceremony took place on 24 February 2018 attended by major shareholders, including SCG Thailand and PetroVietnam and also Vietnamese governmental representatives.

Located in Southern Vietnam, the complex would consist of a dual feed cracker using both naphtha and gas to produce an annual olefins output of 1.6 million tons. At the downstream units, the project planned to include a PP and a PE (HDPE/LLDPE) line with total capacity of 1.45 million tons/year as well as a 280,000 ton/year of chloralkali and other materials.

The project costs approximate USD5.4 billion with Thailand’s SCG hold 71 per cent of the share and PetroVietnam holds the remaining 29 per cent.

The project is expected to begin commercial operation in early 2023.