Long Son Petrochemicals Company Limited suspended operations due to unfavorable market conditions, reporting a Q3/2024 loss of approximately VND 1.56 trillion

Share this on: Hanoi, Mar 01 2025 - 12:07 AM

Long Son Petrochemicals Company Limited suspended operations due to unfavorable market conditions, reporting a Q3/2024 loss of approximately VND 1.56 trillion. The company is working with regulators to propose tariff measures to support domestic producers. Additionally, LSP is investing USD 500 million to retrofit its plant with ethane feedstock to lower production costs, with completion expected by late 2027.


Long Son Petrochemicals Company Limited suspended operations due to unfavorable market conditions, reporting a Q3/2024 loss of approximately VND 1.56 trillion. The company is working with regulators to propose tariff measures to support domestic producers. Additionally, LSP is investing USD 500 million to retrofit its plant with ethane feedstock to lower production costs, with completion expected by late 2027.



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