Singapore Firm Gets Approval for Vietnam Cracker

SP Chemicals (Singapore) says it has received approval from the Vietnamese government to go ahead with a previously announced petrochemical complex in Vietnam (CW, April 18, p. 17). The company, a major producer of chlorine, caustic soda, and aniline in China, plans to spend $1.5 billion on the first phase of the Vietnam petchem project, which will be at Hoa Tam, Phu Yen Province. The first phase will include basic infrastructure and a naphtha cracker with capacity to produce 800,000 m.t./year of ethylene, and is due to begin operations in 2014. An integrated...

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