Thailand's Siam Cement suffers latest setback at Vietnam petrochemical plant

China supply glut forces Long Son complex to stop production after just two weeks

20241223N thailand SCG

Siam Cement Group shut down its Long Son Petrochemicals complex in Vietnam after just over two weeks. (Siam Cement Group)

KENYA AKAMA, Nikkei staff writer

BANGKOK -- Siam Cement Group's (SCG) growth strategy is at a crossroads in Vietnam, where production at a new petrochemical plant has been stopped in its tracks by an oversupply in the region.

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