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Thailand’s SCG signs $3.2b loans to fund project in Vietnam

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). Construction will begin in the third quarter of this year and the complex’s commercial operations are expected to start in the first half of 2023 to meet Việt Nam’s soaring demand, now at 2.3 million tonnes a year and projected to expand consistently thanks to the country’s strong economic growth. Roongrote Rangsiyopash, president and CEO of SCG, said: “Long Sơn Petrochemicals is a world-scale petrochemical complex with an investment of $5.4 billion. It is SCG’s flagship investment. SCG signs $3.2b loans in Thailand The post Thailand’s SCG signs $3.2b loans to fund project in Vietnam appeared first on Thailand Business News. ... If you wish to read this full breaking news headline article, Thailand’s SCG signs $3.2b loans to fund project in Vietnam, simply click on 'Read full story' below, but 1st please give 'Phuket Hotel Deals' a 'LIKE' or 'SHARE' before you visit 'Thailand Business News'. Thank you Thailand’s SCG signs $3.2b loans to fund project in Vietnam

 

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