IHS Chemical Week

World News and Views :: Projects

Cracker Cancelled

7:54 AM MDT | May 25, 2009

SP Chemicals (Singapore) has cancelled previously announced plans to build a $1.5-billion petrochemical complex in Vietnam, citing unfavorable market and economic conditions, reports say. The complex would have been built at Hoa Tam and was to have featured a naphtha cracker with capacity for 800,000 m.t./year of ethylene. The Vietnamese government approved the project in...

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