# TechnipFMC wins large contract for Vietnam's first olefins plant

TechnipFMC was awarded a large contract (between $500M and $1B) by Long Son Petrochemicals for licensing, engineering, procurement, construction, commissioning and start-up of Vietnam's first olefins plant on Long Son Island, with capacity up to 1.6 million tons per year.

- Type: Contract
- Announced: 2018-08-28
- Where: Long Son Island, Ba Ria-Vung Tau province, Vietnam
- Value: $750.0M
- Status: announced
- Capacity: 1.6 million tons per year
- Products: olefins (ethylene, propylene)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [TechnipFMC](https://endata.com/companies/1151.md)
- [Long Son Petrochemicals Company Limited](https://endata.com/companies/5702.md) (customer)
- [SK Engineering & Construction Co., Ltd.](https://endata.com/companies/33968.md) (partner)

## Sources

- [technipfmc.com](https://www.technipfmc.com/en/investors/financial-news-releases/press-release/technipfmc-wins-a-large-contract-for-vietnam-s-largest-olefins-plant/), 2018-08-28: "Our reliable proprietary ethylene technology and proven engineering, procurement and construction capabilities were key factors in this important, highly competitive award."

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