First Petrochemicals Complex in Vietnam
The Vietnamnet website reported that the Siam Cement Group (SCG), the second largest company in Thailand, has recently approved investment in the first petrochemicals complex in Vietnam, Long Son Petrochemicals, with a 71 per cent stake and investment of $5.4 billion, with the Vietnam Oil and Gas Group (PetroVietnam). SCG recently unveiled its “Open Innovation Center”, which enhances science and technology collaboration from research institutions and corporates around the world, in an attempt to combine ideas and introduce innovative products and services to the market as well as to unlock the ability to tackle consumer needs with speed and precision.
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