Siam Cement Group (Thailand), Qatar Petroleum International Group (Qatar), Petrol Vietnam Group and Vietnam Chemical Corporation both have just signed a joint venture contract on constructing investment in a petrochemical complex in Vietnam, worth of $4.5 billion.
Under the joint venture contract, Siam Cement will hold 28% of stakes the project Thailand Plastics and Chemical Co., Ltd. will own 18% of stakes, and the rest will be held by remaining three parners. The petrochemical complex project is expected to be launched in the next four years.
The petrochemical complex project is located in Long Son oil and gas industry park (Ba Ria – Vung Tau province), include mills in the packaging, PVC pipes, electrical equipment, components for automotive assembly industries...
Source: Xangdau.net
