The management board of the Dung Quat Economic Zone located in the central province of Quang Ngai has licensed the Vietnam Oil and Gas Corporation to build a polypropylene (PP) plant there.
|A PP plant is built in the Dung Quat EZ to make PP beads for use in manufacture of household plastic products|
The VND3-trillion (US$187 million) plant will have a production capacity of 150,000 tons per year. It will use propylene obtained from the Dung Quat Oil Refinery to make PP beads for use in the manufacture of household plastic products as well as in the automobile industry.
The plant is scheduled to be commissioned in early 2009. The project is the third largest to be announced in Dung Quat EZ so far this year, following the Tycoons Viet Nam rolled steel plant and the Doosan-Vina heavy equipment manufacturing complex.