Friday, December 21, 2007

Construction of Vietnams's PP project underway

Construction is underway for the polypropylene project at Dung Quat economic zone, Vietnam. Viet Nam Oil and Gas Group (PetroVietnam) have invested in the project. The US$232 million project is capable of producing 150,000 tpa and will be provided feedstock propylene from the Dung Quat refinery. The project, scheduled to be completed in 28 months, will be the first petrochemical factory to using materials from Viet Nam's refinery. The chosen contractors include Huyndai Engineering Co LG International Corp, Pvengine Ering, PV Construction of Viet Nam.

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