petrochemical complex in the southern province of Phu Yen between the provincial People's Committee and Singapore's SP Chemicals Ltd Co. SP Chemicals Ltd Co is expected to contribute US$3 million for site clearance fees, land compensation and resettlement. The complex will be spread over 300 ha in Hoa Tam commune, and is estimated to have a production capacity of 1.5 mln tpa of petrochemicals.
Subject to approval from the Vietnamese Government, the plant will is expected to be in operation by 2012.
Wednesday, April 04, 2007
US$1.2 bln JV between Vietnam and Singapore based company
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