SCG's Vietnam chemical project on track
- Published: 10/02/2012 at 02:29 AM
- Newspaper section: Business
Siam Cement Group (SCG) plans to conclude financing for its US$4.5-billion petrochemical joint venture in Vietnam next year, with production scheduled to commence in 2017.
Thailand's top industrial conglomerate recently signed a joint venture deal with Vietnamese and Qatari partners to invest in Vietnam's first petrochemical complex.
The project has been delayed for a few years since the signing of a framework agreement in 2009, as the financial crisis made it difficult to finalise financing.
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About the author
- Writer: Nareerat Wiriyapong
- Position: Business Reporter
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