SCG Moves Vietnam’s First Fully Integrated Petrochemical Complex Forward, Signs Loan Agreements worth over $3.2 billion with 6 Leading Financial Institutions; Commercial Operations Expected in 2023

SCG pushed forward Vietnam’s first fully integrated Petrochemical Complex project, Long Son Petrochemicals Company Limited (LSP) by recently signing loan agreements worth over $3.2 billion (approximately 110,000 million baht) with 6 leading financial institutions. The project will begin construction in Q3/2018 and is expected to start commercial operations in the first half of 2023 to meet Vietnam’s soaring demand which …

Samsung Engineering awarded Polyolefins project in Vietnam

Samsung Engineering, one of the world’s leading engineering, procurement, construction and project management (EPC&PM) companies, announced today, that it signed a $500 million range contract with Long Son Petrochemicals Co., Ltd. (LSP), a subsidiary of SCG Chemicals, for a Polyolefins project in Vietnam at an official signing ceremony at the SCG Chemicals headquarters in Bangkok, Thailand. The project is located …

SCC signs agreement to hold 100% stake in Long Son Petrochemicals Project

The Siam Cement Public Company Limited (or “SCC”) hereby announces that Vina SCG Chemicals Co., Ltd. (or “VSCG”), SCC’s wholly owned subsidiary in the chemicals business, has signed an agreement with Vietnam Oil and Gas Group (or “PetroVietnam”) to acquire a 29% equity stake in Long Son Petrochemicals Co. LTD (or “LSP”) at the price of approximately 2,900 million Baht …

LSP signed a deal to purchase up to 2 million tons per year of LPG and Naphtha for a period of 15 years from Qatar Petroleum, the world’s largest LNG producer.

LSP signed a deal to purchase up to 2 million tons per year of LPG and Naphtha for a period of 15 years from Qatar Petroleum, the world’s largest LNG producer. The long-term agreement was signed by Qatar Petroleum for the Sale of Petroleum Products Company Ltd. (QPSPP) and Long Son Petrochemicals Company Limited (LSP), a subsidiary of The Siam …