The revenue mainly came from chemicals business, the company said, adding that over the past nine months, its revenue from sales in Việt Nam stood at VNĐ22.65 trillion ($989 million).

SCG has signed loan agreements worth over US$3.2 billion with six banks in its home country, Thailand, to fund construction of Việt Nam’s first fully integrated petrochemical complex, Long Sơn Petrochemicals Company Limited (LSP).

SCG, a Thai-owned Southeast Asian conglomerate, reported first quarter revenue from sales of VNĐ6 trillion (US$267 million) from its Việt Nam operations, a 10 per cent year-on-year increase.

Thailand-based conglomerate SCG on February 24 broke ground at its flagship project of Long Sơn Petrochemicals (LSP) at Long Sơn Commune, Bà Rịa – Vũng Tàu Province, 100km away from HCM City.

Thailand’s SCG Group wants complete stake of Việt Nam Oil and Gas Group (PVN) to own 100 per cent of the Long Sơn Petrochemicals (LSP) Complex in the southern province of Bà Rịa —Vũng Tàu.

Vietnam Oil and Gas Group (PVN) and Siam Cement Public Company Limited (SCG) signed a memorandum of understanding (MoU) on speeding up the process of the Long Sơn Petrochemicals (LSP) Complex in the southern province of Bà Rịa – Vũng Tàu.

Prime Minister Nguyễn Xuân Phúc expressed his hope that Thai businesses would make the most of co-operation and investment opportunities in Việt Nam, especially in the context of Việt Nam promoting mergers and acquisitions along with the equitisation of State-owned enterprises (SOEs).

The Việt Nam Oil and Gas Group (PVN) signed important documents related to the Long Sơn Petrochemical (LSP) complex on Wednesday.

Thailand’s Siam Cement Group (SCG) has spent US$156 million to buy a Kusto Group’s cement company in Quảng Bình Province.

Siam Cement Group (SCG) from Thailand has acquired a part of Long Son Petrochemicals (LSP) Complex for US$36.1 million.