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Hyundai to hand over polypropylene plant to PetroVietnam by end of May

March 22/2010

March 22 (plastemart) -- Plant contractor Hyundai plans to hand over a 150,000 tpa polypropylene plant in Dung Quat oil refinery complex to the investor PetroVietnam. About 99.4% of construction has been completed and a trial production is scheduled for the end of April. Hence the hand over should happen by the end of May.


The VND3 trillion (US$166 mln) hi-tech plant will be supplied with 260,000 tons of propylene feedstock from the refinery.

 

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Hyundai to hand over polypropylene plant to PetroVietnam by the end of May

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