# SCG and PetroVietnam finalize Bt188B petrochemical complex in Vietnam

SCG (Siam Cement Group) finalized plans to build a Bt188 billion petrochemical complex in Vietnam as a joint venture with PetroVietnam. SCG holds 71% stake. Construction starts in 2018, with commercial operations expected by 2022.

- Type: New facility
- Announced: 2017-07-26
- Where: Vietnam, Vietnam
- Value: $5.60B (188.0B THB)
- Starts operating: 2022
- Status: announced
- Capacity: 1.6 million tonnes per annum of olefins
- Products: olefins, petrochemical products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Siam Cement Group (SCG)](https://endata.com/companies/25858.md)
- [PetroVietnam](https://endata.com/companies/25859.md) (partner)

## Sources

- [nationthailand.com](https://www.nationthailand.com/business/30321894), 2017-07-26: "THE SIAM Cement Group (SCG) yesterday said it has finalised plans to build a Bt188-billion petrochemical complex in Vietnam in a joint venture with Vietnam Oil and Gas Group (PetroVietnam)."

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