SCG announced that its Vietnamese petrochemical subsidiary, Long Son Petrochemicals (LSP), will temporarily halt operations around mid-May 2026. This decision stems from persistent supply chain disruptions and increased costs for raw materials, primarily due to the ongoing volatile situation in the Middle East.
The shutdown, which follows a similar previous halt at Rayong Olefins, aims to mitigate financial impacts and allow LSP to conduct maintenance and prepare for an ethane feedstock expansion project, enhancing long-term competitiveness.
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