Vietnam: Polyolefins Samsung Engineering Wins 500 Million Dollar Range Contract from LSP
Under the contract, Samsung Engineering will construct a polyolefins project in Vietnam for Long Son Petrochemicals. The engineering firm will also deliver a High-density polyethylene plant with a 450 KTPA capacity along with a PP plant with a capacity of 400 KTPA for the project.
Vietnam – Samsung Engineering has recently announced that it has signed a 500 million dollar range contract with Long Son Petrochemicals (LSP), a subsidiary of SCG Chemicals for a Polyolefins project in Vietnam. The official signing ceremony took place at the SCG Chemicals headquarters in Bangkok, Thailand.
The project is located in the Long Son Island, Ba Ria-Vung Tau Province 30 km north of Vung Tau City and 70 km southeast of Ho Chi Minh City, Vietnam. The contract was signed by LSP’s General Director Thammasak Sethaudom and Samsung Engineering’s President & CEO Sungan Choi. The ceremony was further attended by Cholanat Yanaranop President of SCG Chemicals and Somchai Wangwattanapanich SVP of SCG Chemicals.
Samsung Engineering will deliver a High-density polyethylene (HDPE) plant with a 450 Kilo-Tonnes Per Annum (KTPA) capacity and a Polypropylene (PP) plant with the capacity of 400 KTPA. The HDPE plant and the PP plant are part of the first petrochemical complex in Vietnam to be operated by LSP. Both the plants are scheduled to be completed by the end of 2022.
The scope of work comprises a process unit which includes a reactor, extruder, bagging machine as well as work for the Utilities and Offsites (U&O) contains a substation and cooling tower.
The LSP HDPE and PP plants will be the 15th project Samsung Engineering will execute in Vietnam.