Ho Chi Minh CitySiam Cement’s core Vietnam plastics plant stays shut until mid-2027.
Closing the Strait of Hormuz cut the plant’s supply of naphtha, the oil-derived plastics feedstock.
CEO Thammasak Sethaudom said the group is halving Middle East supply and making plastic from US ethane.
The group says the restart follows its switch to non-Middle East feedstock.
How each outlet framed it
- Nikkei Asia
- explains the restart delay via Siam Cement's shift from Middle East naphtha to US ethane feedstock
Sources: Nikkei Asia