Vietnam to build plastics plant

Vietnam’s plastic association plans to build a USD 250 million plastics plant powered by natural gas to reduce the country’s reliance on imports, an official has said. The government has given the Vietnam Saigon Plastic Association approval to build the plant that will be one of the country’s biggest plastics facilities, association chairman Tran Cong Hoang Quoc Trang said. The plant, due to become operational in 2004, will be the first in Vietnam to use natural gas to produce polyethylene and polypropylene, Trang said. It will be located in the southern province of Ba Ria-Vung Tau, where the government wants to set up more factories to take advantage of large offshore gas fields. State-owned PetroVietnam is preparing to build another large plastics plant in Dung Cat Industrial Park, beside the country’s first oil refinery. That plant will use crude oil as an energy source, the company said.

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