Thailand’s Siam Cement Group (SCG) has announced plans to resume operations at the $5-billion Long Son Petrochemical Complex in formerly Ba Ria – Vung Tau province (now Ho Chi Minh City) by the end of August, following nearly a year of commercial suspension.

The project, the first of its kind in Vietnam, was officially inaugurated in September 2024 after six years of construction.

Spanning 464 hectares of land and 194 hectares of water surface, the complex is designed to produce 1.4 million tons of plastic materials annually, along with a range of petrochemical products.

SCG suspended commercial operations at the end of 2024 to manage overall business costs, citing a global petrochemical industry downturn triggered by oversupply and weakened demand.