# Hyosung plans $1.2B polypropylene plant at Cai Mep, Vietnam

South Korean Hyosung Group is awaiting Vietnamese prime minister approval to start construction of a $1.2 billion polypropylene manufacturing complex at Cai Mep Industrial Zone in Ba Ria-Vung Tau. The first stage includes an LPG storage tank and a PP plant with 600,000 tonnes per year capacity.

- Type: New facility
- Announced: 2017-12-02
- Where: Cai Mep Industrial Zone, Ba Ria-Vung Tau, Vietnam
- Value: $1.20B
- Status: announced
- Capacity: 600,000 tonnes per year polypropylene in first stage
- Products: polypropylene, liquefied petroleum gas, propane dehydrogenation
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hyosung Group](https://endata.com/companies/2496.md)

## Sources

- [en.vietstock.vn](https://en.vietstock.vn/2017/12/hyosung-gearing-up-to-kick-off-$1-2billion-polypropylene-manufacturing-project-974-301427.htm), 2017-12-02: "South Korean Hyosung Group is awaiting the Vietnamese prime minister's approval to kick off the construction of its $1.2-billion polypropylene (PP) manufacturing plant."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.