Petrolimex, Daelim Industrial eye refinery, petchem joint venture

06 March 2013 02:03  [Source: ICIS news]

HO CHI MINH (ICIS)--Vietnam’s state-owned energy firm Petrolimex is in talks with South Korea’s Daelim Industrial  to jointly build a petrochemical complex and a refinery in Khan Hoa province in central Vietnam, a local industry source said on Wednesday.

Petrolimex is a major supplier of gasoline and fuel oil, and it accounts for more than 60% of the domestic gasoline market, the source said.

Daelim Industrial has a diverse product portfolio that includes feedstocks to higher value-added petrochemicals, according to its corporate website.

Petrolimex and Daelim Industrial were not immediately available for comment.

By: Chow Bee Lin
+65 6780 4359

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