Work Starts on US$3.2 Bln Petrochemical Refinery Complex
A groundbreaking ceremony was held on September 9 for a US$3.2 billion petrochemical refinery complex in the central province of Phu Yen.
Speaking at the ceremony, Vice Chairman of the Phu Yen provincial People’s Committee Le Van Truc said the Vung Ro complex is a landmark project in the locality and asked investors to ensure the project is undertaken on schedule.
The project covers 534 hectares, including 404 ha for a refinery, which has an annual capacity of 8 million tonnes per year, and 134ha for a port.
The Vung Ro complex will process and distribute polypropylene, benzene, petrol RON 92 & 95, jet fuel, diesel, FO and other petrochemical products.
The Vung Ro petrochemical refinery complex is Phu Yen’s largest FDI project, and the third of its kind in Viet Nam following the Nghi Son and Dung Quat petrochemical refinery complexes in central Thanh Hoa and Quang Ngai provinces, respectively.
VGP
Vietnamese
