MOSCOW (MRC) -- Hyundai Engineering announced that it has completed the construction of Long Son Utility Plant in Vietnam, said Businesskorea.
The company held an initial acceptance ceremony for the plant with the attendance of officials, including Hong Hyun-seong, CEO of Hyundai Engineering, and Thamasak Sethadom, executive vice president of Siam Cement Group, the client of the project.
The project involved building infrastructure, such as a boiler, a water treatment facility and electrical substations, for production of steam and industrial water for the Long Son Petrochemical Complex on Long Son Island of Vung Tau City, about 100 km southeast of Ho Chi Minh City, in Vietnam.
Steam and industrial water from this utility plant are essential to the operation of the petrochemical complex.
Hyundai Engineering has shortened the construction period for the project by three months. It started construction work in September 2018, started the normal operation of the utility plant in 41 months since the start of work, and obtained an official completion certificate in about 50 months. The completion of the plant was originally scheduled for February 2023.
We remind, Hyundai Chemical, a JV between South Korea’s Lotte Chemical and Hyundai Oilbank, has started to market cargoes from the new polypropylene (PP) plant in Daesan in mid-November. Chinese customers informed CommoPlast of having received offers for on-spec cargoes of homopolymer of propylene (homopolymer PP) from its newly launched plant.
mrchub.com