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.
SCG’s $5.4 billion Long Son Petrochemicals Complex in Ba Ria-Vung Tau province south of Ho Chi Minh City halted operations in mid-October, having just started full-scale commercial production at the end of September.
