Phu My Polypropylene
The Phu My Polypropylene Project is a 300,000-ton-per-year polypropylene plant in Vietnam that aims to meet the growing domestic demand for plastics.
Capacity: 300,000 tons of polypropylene/year
Plant design life: 20 years & 8000 hours/year
Location: Cai Mep Industrial Zone, Ba Ria - Vung Tau province
Owner: Phu My Plastics Production JSC
Investment Cost: $717 million
FEED (Front-End Engineering Design):
Original plan: Tecnimont
Revised plan: Lotte E&C
EPC: Hualu Engineering Technology Co., Ltd.
Technology:
PDH (Propane Dehydrogenation): Honeywell UOP (C3 Oleflex technology)
PP (Polypropylene): LyondellBasell Industries (Spheripol technology)
Planned construction time: 30-35 months
Milestones:
PMP JSC signed a long-term contract with PV GAS to supply 360,000 tons of propane gas/year as feed for the PDH unit: Mar/2018
EPC contract signing: Sep/2024
Expected COD: 2026-2027
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