LSP Inaugurates First Key Plants of Petrochemical Project
11.30.2022 By Ella Keskin - NEWS

November 30, 2022 [Ho Chi Minh] – HCMC – Long Son Petrochemicals Co., Ltd. (LSP) has inaugurated the first key plants of the Long Son Petrochemicals Complex, namely Specialized Tank Terminal and Central Utilities Plant, in the southern province of Ba Ria-Vung Tau.

 

LSP put into operation three important units of Specialized Tank Terminal and Central Utilities Plant including the Hydrocarbon Jetties, Tank Farm, and Central Utilities (CTU) in order to supply raw materials and utilities for olefins and polyolefin plants for the production of petrochemical products.

LSP is a subsidiary of SCGC, and operates the Long Son Petrochemical Complex – the first integrated petrochemical complex in Vietnam.

The project requires more than US$5 billion and will produce total olefins at a capacity of 1.35 million tons per year. It is also designed to produce various petrochemical products including essential plastic materials such as polyethylene and polypropylene at 1.4 million tons per year to substitute the current import of polyolefin products.

 


Pro Trial: Access 11,340 Tank Terminal and Production Facilities

11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Tanzania, UAE Firm Sign Petroleum Facility Deal
02.02.2023 - NEWS
February 2, 2022 [The Citizen] – The deal was signed by the Ministry of Energy and represen... Read More
Russia’s Oil Exports Rebound Ahead Of The EU Ban On Fuel Imports
02.02.2023 - NEWS
February 2, 2022 [OilPrice.com] – The upcoming EU ban on fuel imports from Russia, as well ... Read More
Marathon Petroleum Tops Profit Estimates on High Demand, Tight Supplies
02.02.2023 - NEWS
February 2, 2022 [Reuters] – Marathon Petroleum Corp (MPC.N) on Tuesday beat Wall Street ex... Read More
S. Korea to Build New LNG Terminal in Southern Industrial Town to Meet Increased Demands
02.02.2023 - NEWS
February 2, 2022 [Aju Business Daily] – South Korea will build a new liquefied natural gas ... Read More