UPDATE: Vietnam’s Long Son is on track to start up polyolefin plants in 3Q-2022
UPDATE: Vietnam’s Long Son is on track to start up polyolefin plants in 3Q-2022
Long Son Petrochemical is on track to start up its new complex in Vietnam this August as the construction at the polyolefin plants has reached 96% completion, according to market sources.
Details of the plants are as follows:
|
Product |
Nameplate Capacity (tons/year) |
Maximum Capacity (tons/year) |
Technology |
|
Combined and reported by CommoPlast |
|
||
|
Ethylene |
950,000 |
1,144,318 |
Technip Stone & Webster Process Technology |
|
Propylene |
400,000 |
481,800 |
|
|
|
|
||
|
HDPE |
450,000 |
602,000 |
Mitsui Chemicals |
|
LLDPE |
500,000 |
602,000 |
Univation Technologies |
|
PP |
400,000 |
554,000 |
Mitsui Chemicals |
However, it is reported that the company would procure spot ethylene and propylene to feed the initial production until the upstream cracker come online. At the time of this report, the mixed feed cracker is only 89% completed, way behind the downstream units. The cracker is scheduled to come online by December 2022.
Long Son Petrochemical is 100% owned by Thailand conglomerate SCG. After a decade of delay, SCG decided to take over all the stakes from other partners, including PetroVietnam and Qatar Petroleum and pushed forward with the project.
Once completed, Long Son will be the first PE producer in Vietnam.