Long Son Petrochemical to Build Vietnam's Largest Petrochemical Complex

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Researched by Industrial Info Resources (Sugar Land, Texas)--In 2006, Long Son Petrochemical Limited Company (LSPIC) (Vung Tau, Vietnam), which is a joint venture between PetroVietnam Corporation (Hanoi, Vietnam) and Vinachem National Chemical Group (Hanoi), and two subsidiaries of Siam Cement Group (SET:SCC) (Bangkok, Thailand), Vina SCG Chemical Company Limited and Thai Plastic and Chemicals Public Limited, announced plans to build Vietnam's largest petrochemical complex in Vung Tau. The US$2.95 billion Vung Tau Plant is to be at the Long Son Oil and Gas Industrial Park, which is approximately 1,225 kilometers south of Hanoi, on the Ba Ri peninsula. Qatar Petroleum (Doha, Qatar) signed a framework agreement with LSPIC in November and has agreed to provide feedstock for the petrochemical complex.

Construction, which is scheduled to kick-off next June, will begin with the complex itself and continue to include a line to produce 1.1 million metric tons per year ethylene, as well as a line to produce 550,000 metric tons per year of propylene. Between June 2011 and the scheduled date of completion, set for sometime late in 2014, LSPIC plans to construct 2.59 million metric tons per year of addition petrochemical lines for a total production capacity of 4.24 million tons of petrochemical derivatives annually. Additional lines include the following:

• Linear Low Density Polyethylene (LLDPE) Unit Addition: US$350 million unit addition to produce 400,000 metric tons per year of LLDPE.
• Polypropylene Unit Addition: US$350 million unit addition to produce 450,000 metric tons per year of polypropylene.
• High Density Polyethylene (HDPE) Unit Addition: US$350 million unit addition to produce 400,000 metric tons per year of HDPE.
• Polyvinyl Chloride (PVC) Unit Addition: US$300 million unit addition to produce 330,000 metric tons per year of PVC.
• Ethylene Dichloride (EDC) Unit Addition: US$250 million unit addition to produce 330,000 metric tons per year of EDC.
• Vinyl Chloride Monomer (VCM) Unit Addition: US$200 million unit addition to produce 400,000 metric tons per year of VCM.
• Chloralkali Unit Addition: US$150 million unit addition to produce 280,000 metric tons per year of chloralkali.

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