The Nghi Son petrochemical complex has a total investment of US$9 billion (Bt278.7 billion) with a capacity of 10 million tonnes of crude oil per year. The new refinery will use crude oil imported from Kuwait to produce several products including petroleum products such as diesel and jet fuel, and high-value added petrochemicals such as polypropylene and benzene.
Nghi Son is Vietnam’s second oil refinery after the Dung Quat Plant in central Quang Ngai Province.
The project is owned by the Nghi Son Refinery and Petrochemical Limited Liability Company, which is a joint venture between Idemitsu Kosan, Kuwait Petroleum International, Viet Nam Oil and Gas Corp and Mitsui Chemicals.