World Steel Group signs $10 mln cooperation deal on Long Son Petrochemicals Complex

The deal involves cooperation in design, production, and construction for H&I-8 of Long Son Petrochemicals Complex.

Long Son Petrochemicals Complex (Long Son Petrochemicals - LSP) is invested by Thailand's SCG Group with a total registered capital of about $5.4 billion, located in Long Son District, Ba Ria - Vung Tau Province. It is considered the first petrochemicals complex in Vietnam with a capacity of up to 1.6 million tons a year, capable of replacing imported polyolefins.

Accordingly, Long Son Petrochemicals Complex, to cover 56,000 square meters and valued at up to $10 million, will be designed and constructed by World Steel Group.