Amid declining crude oil prices, which have improved operational efficiency, Thailand’s SCG Group plans to restart the Long Sơn Petrochemical (LSP) complex in Việt Nam at the end of this month.
SCG said it plans to resume operations at the Long Sơn Petrochemicals (LSP) plant in Việt Nam in late August, following a decline in crude oil prices that has improved operational feasibility.
This recognition underscores the group and its business units’ commitment to ensuring the highest standards of quality, while fulfilling its environmental responsibility for the customers’ benefit, SCG said in a statement.
Focusing on future-oriented fields, the SCG Sharing the Dream scholarships will primarily support students pursuing degrees in science, technology, engineering, environment, design and economics, the company said in a statement.
Despite global economic fluctuations and the downturn of the petrochemical industry, SCG effectively managed costs and consistently delivered green innovations to the market, resulting in a revenue of VNĐ85.52 trillion (US$3.48 billion), an increase of 3 per cent quarter-on-quarter.
Thai giant SCG Group has been honoured as one of the top 10 outstanding foreign-invested enterprises (FIEs) in Việt Nam at the Golden Dragon Awards 2023-24.
Besides scholarships valued at VNĐ15 million per each, these young individuals will also participate in ESG training activities, fostering creative thinking among the youth and empowering them to contribute their abilities to the nation''s sustainability as part of the SCG Sharing The Dream Scholarship Programme...
SCG President and CEO Roongrote Rangsiyopash said his company''s operating results in Q3 were at a slowed down compared to the same period last year and decreased from the first half of the year.
With a total fund of VNĐ2.7 billion (over US$110,000), the SCG Sharing The Dream 2023 programme aims to provide support and empowerment to 100 university students and 100 pupils across Việt Nam who demonstrate a strong determination to overcome life challenges and contribute...
In Q2 alone, SCG reported revenue from sales of US$3.7 billion and its profit excluding extra items of $154 million, up 14 per cent quarter-on-quarter, largely due to dividend income from the investment business.
The joint campaign, titled “The Green Dream of Childhood”, encompasses a series of activities aimed at inspiring and empowering children to pursue their dreams and turn them into reality, SCG said in a statement.