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Siam Cement gets $3.2bn for Vietnam chemical project

Loan from Mizuho, SMBC and Thai banks enables construction after delays

A man walks past the logo of the Siam Cement
Siam Cement will continue its plan to develop the Long Son petrochemical complex in Vietnam.   © Reuters

BANGKOK -- Thai industrial conglomerate Siam Cement Group has obtained a combined $3.2 billion loan from six local and foreign banks to press ahead with its investment in a long-delayed petrochemical complex in Vietnam.

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