Why did SCG suspend operations at the Long Son Petrochemical Complex again in 2025?

SCG suspended operations at the Long Son Petrochemical Complex (LSP) again due to soaring raw material costs caused by the ongoing Middle East conflict, which forced the company to seek alternative supply routes—such as bypassing the Strait of Hormuz—resulting in significantly higher procurement expenses that made stable production unfeasible.

What is SCG’s long-term strategy to stabilize raw material supply and reduce costs for the Long Son complex?

SCG has signed a 15-year long-term contract to import approximately 1 million tons of ethane annually from the United States, and is concurrently executing a $500 million retrofit project at LSP to increase ethane-based feedstock capacity; this project, scheduled for completion in 2027, aims to lower operating costs by more than 30% and enhance long-term competitiveness through stable input costs and reduced greenhouse gas emissions.

SCG Suspends Vietnam Long Son Petrochemical Complex Operations Again

May 11, 2026

SCG suspended its Long Son Petrochemical Complex and ROC olefin plants due to rising raw material costs from Middle East conflicts. Plans include importing US ethane to stabilize costs and reduce emissions by 2027.

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2026-05-11

SCG Suspends Vietnam Long Son Petrochemical Complex Operations Again

SCG Suspends Vietnam Long Son Petrochemical Complex Operations Again

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