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SCG will suspend operations at the Long Son Petrochemical Complex from mid-May, citing uncertainty in the Middle East conflict that is affecting the availability and cost of input materials. The information was published by SCG on 22 April.
SCG’s subsidiary SCC, which owns Long Son (LSP), said it has sought to minimize disruption by sourcing materials from alternative suppliers outside the Hormuz Strait. However, SCC assessed that the Middle East situation remains uncertain and continues to impose restrictions on acquiring input materials, both in price and supply continuity. As a result, the company decided to suspend the Long Son complex around mid-May.
The suspension is estimated to incur fixed cash costs of about 250 million baht per month, equivalent to more than 200 billion dong.
During the suspension period, LSP will conduct maintenance and accelerate preparations for a $500 million renovation project. The renovation aims to add ethane to the feedstock list for naphtha and to add propane, with the goal of expanding the range of inputs used in production.
On 10 March, SCC sent a notice to the Thai Stock Exchange regarding plans to suspend the Rayong Olefins plant in Thailand and the Long Son complex in Vietnam. SCC said it will continue to closely monitor the situation and adjust operating plans to respond to uncertainties, while weighing the interests of customers and other stakeholders.
“SCC will continue to closely monitor the situation and adjust operating plans to respond to the uncertainties, while fully weighing the interests of customers and all stakeholders,” said Thammasak Sethaudom, Chairman and CEO of SCC.
The Long Son complex has total investment of more than $5 billion and is located in Long Son commune, Ho Chi Minh City. It is Vietnam’s first integrated petrochemical complex, including a 1.35 million tonne-per-year olefins plant and three polyolefin plants with total capacity of 1.4 million tonnes per year, along with tanks, a port, and related utilities.
LSP’s products include essential plastics resins such as polyethylene (PE: HDPE & LLDPE) and polypropylene (PP), supplying both domestic and export markets.
In October 2024, the complex previously paused operations due to oil price volatility and Covid-19. By August 2025, LSP restarted and simultaneously advanced the renovation project, targeting completion by late 2027. The renovation is intended to cut operating costs by more than 30%, reduce greenhouse gas emissions, and strengthen long-term competitiveness.
Vietnam consumed about 11.2 million tonnes of plastics in 2025, according to the Vietnam Plastics Association (VPA), but remains heavily dependent on imported resin supplies.
Japan-based consultancy B&Company said Vietnam is gradually reducing this dependence as domestic large players expand production. It estimates domestic capacity for key plastic resins such as PVC, PP, PET, PS, and PE could reach around 3 million tonnes per year, supported by major producers including Long Son, Hyosung Vina Chemicals, and BSR.
Long Son alone has a monthly capacity of 100,000 tonnes for PE and PP, equivalent to about 1.2–1.4 million tonnes annually. These figures suggest that suspending LSP operations could significantly affect the domestic resin supply currently available.
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