Media OutReach
SCG Drives ‘Regional Optimization,’ Positioning Vietnam as a Key Base for Production, Domestic Consumption and Global Exports; Highlights LSP and BMP to Strengthen ASEAN Growth Alongside Social and Environmental Sustainability
Kulachet Dharachandra, Country Director – Vietnam at SCG and Executive Vice President of SCGC, said, “Regional Optimization is an integrated business strategy across ASEAN that leverages the collective strengths of each country, production bases, resources, and economic potential, to enhance efficiency and create advantages in cost, market reach, and sustainability. SCG is implementing this strategy across Vietnam, Indonesia, the Philippines, Cambodia, Lao PDR, and Myanmar, where each country plays a vital role in strengthening SCG and its subsidiaries while supporting long-term sustainable growth.”
Vietnam: SCG’s Strategic Production Base and Market
Vietnam is a strategic country for SCG, supported by several key factors: a domestic market of more than 100 million people, rapid infrastructure development, competitive production costs, and government policies that promote investment and exports. In 2024, Vietnam’s economy grew by 7.1%, with its gross domestic product (GDP) reaching USD 476 billion and foreign direct investment totaling more than USD 38.2 billion.
Kulachet continued, “SCG and its 28 subsidiaries have invested more than USD 7 billion in Vietnam, representing 28% of SCG’s total assets. Our operations span chemicals, cement, building materials, packaging, and logistics nationwide, enabling fully integrated cost and supply chain management. SCG also leverages the combined strengths of Thailand and Vietnam to enhance the competitiveness of the Group through initiatives such as:
- Transferring expertise in technology, safety standards, and plant management from Thailand to Vietnam;
- Leveraging Vietnam’s position as an export base, supported by its extensive network of more than 60 Free Trade Agreements (FTAs), enabling the export of products such as PRIME GROUP’s glazed porcelain tiles and low-carbon cement to the United States;
- Enhancing regional supply chain efficiency, particularly in the chemicals business, where production and marketing can be jointly optimized across the three crackers (ROC–MOC–LSP). This allows Thailand to focus on producing high value-added (HVA) products, while LSP focuses on meeting Vietnam’s large domestic demand and supplying global markets.”
Long Son Petrochemicals (LSP): Vietnam’s First Fully Integrated Petrochemical Complex
Kulachet said, “The petrochemical industry continues to face volatility and challenges due to global oversupply, while the world economy has yet to fully recover. Nevertheless, SCGC is continuing to advance and accelerate strategic adjustments to navigate these challenges by strengthening its competitiveness and leveraging key advantages. One of these advantages is SCGC’s diversified production base across three ASEAN countries, Thailand, Vietnam, and Indonesia, with LSP as Vietnam’s first fully integrated petrochemical complex. LSP significantly enhances SCGC’s long-term competitiveness at both regional and global levels. With LSP’s flexible production technology, the plant can switch between naphtha and propane feedstock depending on market conditions (Flexible Feedstock). For example, with propane prices currently lower than naphtha, LSP has adjusted its production plan by increasing the proportion of propane feedstock to 70% to optimize costs and strengthen competitiveness.”
“In addition, LSP has also adopted advanced technologies and technical expertise transferred from Thailand to further enhance environmentally responsible operations. These include Vietnam’s first large-scale enclosure ground flare system for smokeless gas disposal, a high-efficiency wastewater treatment system, and technologies designed to reduce air emissions, reinforcing LSP’s ambition to become a model for environmentally sustainable plant operations.”
“As for the progress of the LSP Enhancement Project (LSPE), the project is progressing according to plan. Construction of two ethane storage tanks is currently underway, along with process modifications to accommodate ethane feedstock. Overall progress has exceeded 20%, and completion is expected by the end of 2027,” Kulachet added.
Binh Minh Plastics (BMP): Market Leader in Premium Plastic Pipes and Fittings Supporting Vietnam’s Growth
In addition to its petrochemical operations in Vietnam, another business that reinforces SCGC’s strengths is the plastic pipes and fittings segment under Binh Minh Plastics (BMP), a listed company on the Ho Chi Minh Stock Exchange (HOSE). BMP operates a nationwide distribution network of more than 2,500 stores across Vietnam.
Niwat Athiwattananont, Chief Executive Officer of BMP, said, “Vietnam is undergoing rapid infrastructure development, resulting in strong demand and significant growth opportunities in the construction materials sector. BMP specializes in the manufacturing and distribution of premium-grade plastic pipes and fittings for residential, industrial, infrastructure, and agricultural applications, including water supply systems, drainage, telecommunications, and construction.”
“Furthermore, BMP collaborates closely with Nawaplastic Industries (NPI) in Thailand to enhance plant management efficiency through automation and robotics, as well as through knowledge sharing and technology transfer. This collaboration supports the development of high value-added (HVA) innovations, particularly within BMP’s ‘green’ product portfolio, which has been certified with international environmental standards. These efforts elevate product quality to global benchmarks. Looking ahead, the company plans to develop additional product lines to meet emerging market needs and expand its distribution coverage across the ASEAN region,” Niwat added.
Commitment to ESG
Kulachet added, “SCG places strong emphasis on advancing ESG to drive Inclusive Green Growth in Vietnam by applying expertise from Thailand to enhance production processes and promote green technologies.
- Environment: In recent years, SCG has invested more than USD 100 million in projects to improve energy efficiency and increase the use of renewable energy. The company also places strong emphasis on developing environmentally friendly products and services across all business units, such as Low Carbon Cement, to support the growing green transition in Vietnam and export markets.
- Social: SCG has implemented programs that uplift community well-being, including the Sharing the Dream scholarship initiative, which has provided more than 6,000 scholarships nationwide over nearly 20 years, and the Loving Water for the Future project, which has helped install clean-water pipelines for more than 1,500 households in remote areas.
- People: SCG is committed to developing more than 15,000 employees across Vietnam through SCG Academy and leadership-development programs such as the Management Enrichment Program, conducted in collaboration with Duke University, to build leaders equipped to navigate future challenges.”
“We firmly believe that Vietnam continues to hold strong growth potential, and we are proud to contribute to the country’s economic, social, and environmental development through the enduring partnership between Thailand and Vietnam. This collaboration will further strengthen the competitiveness of the ASEAN region as a whole. Our investments in LSP and BMP demonstrate SCG’s capability to operate effectively amid challenges and its long-term commitment to developing a competitive and sustainable industrial landscape,” Kulachet concluded.
Hashtag: #SCG
The issuer is solely responsible for the content of this announcement.
Southco’s E3 VISE ACTION® Compression Latch with Visual Indicator displays latch open status that can be seen from a minimum of five meters, making it an ideal choice for rail, semiconductor and industrial machinery enclosures where an unsecured door or panel could impact safety during operation. By allowing operators to easily detect latch status, the E3 VISE ACTION® Compression Latch with Visual Indicator improves efficiency, enhances safety and reduces maintenance errors.
Global Product Manager Ike Teng adds, “The E3 VISE ACTION® Compression Latch with Visual Indicator provides visual feedback of whether a panel is fully closed, semi-closed or not secured at all. Like Southco’s standard E3 line, the indicator version delivers robust, vibration-resistant fastening and is available in a variety of grip lengths, providing a simple upgrade for enhancing enclosure safety and security.”
For more information about the functionality of E3 Compression Latches, please visit https://www.southco.com or email the 24/7 customer service department at [email protected]
Hashtag: #Southco #E3VISEACTION
The issuer is solely responsible for the content of this announcement.
About Southco
Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 70 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.
Southco Asia Limited
2401, Tower 2, Ever Gain Plaza
88 Container Port Road, Kwai Chung
University of London
The University of London (UoL) is one of the most established overseas degree providers in Singapore, having partnered with SIM Global Education (SIM GE) for more than 38 years.
Through this collaboration, students can pursue degrees in fields such as Business, Banking and Finance, Data Science, Economics, and International Relations. The programmes follow the same curricula and are examined by the same academic boards as those in the UK. SIM complements these with academic support, career services, a vibrant campus life and helping students gain a truly global education while staying rooted in Singapore.
University of Birmingham
The University of Birmingham, a member of the UK’s prestigious Russell Group of research-intensive universities, partners with SIM Global Education (SIM GE) to offer both undergraduate and postgraduate programmes in Singapore.
At the undergraduate level, the Bachelor of Science (Honours) Business Management (Top-up) equips students with analytical and strategic skills necessary for today’s competitive business environment.
For postgraduate learners, SIM GE offers the Master of Business Administration (MBA), designed for professionals seeking to strengthen their leadership, strategic management, and decision-making capabilities. The programme blends academic rigour with practical business applications, preparing graduates for senior management roles and global career opportunities.
University of Stirling
The University of Stirling at SIM offers globally recognised, research-led programmes designed to develop career-ready graduates. With flexible learning options, industry-relevant curriculum, and opportunities for global exposure, Stirling equips students with the skills and knowledge to thrive in today’s competitive job market.
University at Buffalo, The State University of New York
For students who prefer an American-style education, the University at Buffalo (UB) offers full U.S. degree programmes at SIM GE. Students can major in Communication, Psychology, or International Trade, earning a degree directly from UB – “a premier U.S. public university in Singapore … at a fraction of the cost” The UB programmes are taught by faculty approved by the home campus, maintaining the same academic standards and assessments as in New York.
University of Alberta
The University of Alberta holds a position among the top 4 universities in Canada and is internationally recognized as a leading post-secondary institution, ranking within the top 100 universities worldwide. Its steadfast dedication to excellence in research, teaching, and innovation spans over a century.
RMIT University
RMIT University, based in Melbourne, is another major Australian partner of SIM GE. Known for its industry-focused learning, RMIT’s programmes in Business Management, Marketing, and Logistics and Supply Chain Management are designed with employability in mind.
Students gain hands-on experience through case studies and project-based learning. The partnership allows Singapore students to graduate with the same Australian degree as those studying in Melbourne, often within two to three years.
University of Wollongong
The University of Wollongong (UOW), ranked among the world’s top 200 universities, partners exclusively with SIM Global Education in Singapore to offer IT, business information systems, cybersecurity, and data analytics programs taught by UOW faculty. Since 2005, over 3,000 UOW degrees have been awarded at SIM, with pathways for transfers to Australia and industry internships. Students enjoy access to SIM’s vibrant campus life, academic support, and opportunities for awards from agencies like CSIT and IMDA.
The University of Sydney
Over 3,500 of Singapore’s most talented health professionals have graduated with our nursing and health science related degrees, offered in partnership with SIM GE. The nursing programmes are developed, fully taught and awarded by The University of Sydney and accredited by the Singapore Nursing Board.
La Trobe University
La Trobe University is a public research university located in Melbourne, Australia. It was established in 1964 and is now the third university in the state of Victoria. The university is in the top five per cent of business schools worldwide to have earned an AACSB accreditation for delivering excellence in every aspect of the university’s work.
Monash College
Monash College is fully owned by Monash University, Australia’s largest university. The College is the preferred pathway to Monash University for international students. Through innovative programmes which align with the high standards of Monash University, we equip students for life at university, and beyond.
Grenoble Ecole de Management
Founded in Grenoble, Grenoble Ecole de Management (GEM) has greatly developed its expertise in the management of technology and innovation—an expertise that is now the foundation of the institution’s excellence and international renown. The school is accredited by AACSB, EQUIS and AMBA, and is a member of the French ‘Conférence des Grandes Ecoles’.
A Hub for Global Degrees
SIM Global Education offers over 140 full-time and part-time academic programmes from international universities partners.
Students here can earn world-class qualifications, gain exposure to diverse teaching approaches, and access global alumni networks all at lower cost and greater convenience than studying abroad.
As SIM GE highlights, its degrees are “globally recognised, with the same curricula and academic standards as those awarded onshore”
In an increasingly competitive world, these overseas degree options in Singapore offer the best of both worlds – international credentials with local advantage.
References:
- University of London – Teaching Centre: Singapore – https://www.london.ac.uk/study/where-study/teaching-centre/singapore
- SIM Global Education – University of London Programmes – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-…
- SIM Global Education – RMIT University – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/rmit-univer…
- SIM Global Education – University at Buffalo – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-…
- SIM Global Education – University of Alberta – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-…
- SIM Global Education – University of Birmingham – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-…
- SIM Global Education – University of Wollongong – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-…
- SIM Global Education – The University of Sydney – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/the-univers…
- SIM Global Education – La Trobe University – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/la-trobe-un…
- SIM Global Education – Grenoble Ecole de Management – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/grenoble-ec…
- SIM Global Education – Monash College – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/monash-coll…
- SIM Global Education – University of Stirling – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-…
- SIM Global Education – Overview of Degree and Diploma Programmes – https://www.sim.edu.sg/degrees-diplomas/overview
- SIM Global Education – University Partner Page – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge
Hashtag: #SIMGlobalEducation #SIMGE #CareerReady #FutureSkills #HigherEducation #GlobalDegrees
The issuer is solely responsible for the content of this announcement.
About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.
SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit sim.edu.sg
Media OutReach
Yunnan Showcases Top 10 Must-try Experiences at Trip.Best: Southeast Asia Travel Trends Unpacked
The event gathered representatives from the Singapore Tourism Board, Trip.com, leading travel agencies from Southeast Asia, international mainstream media, travel influencers, and industry experts. Trip.com business leaders shared data-driven insights into evolving travel consumption patterns in this region, covering entry and exit, accommodation, attractions, and dining trends, before revealing the highly anticipated Trip.Best Southeast Asia Travel Rankings.
Yunnan’s presentation on its “Top 10 Must-try Experiences,” took the audience on an immersive journey from the Yuanyang Rice Terraces and Xishuangbanna Rainforest to the Shangri-La Snow Mountain. These tours integrate intangible cultural heritage, ethnic cuisine, and artisanal crafts, creating authentic experiences for global travelers. Complementing the presentation, an outdoor Yunnan lifestyle experience zone was set up, where guests could savor Yunnan specialties, admire Yi embroidery, and capture memorable moments in traditional ethnic attire.
Yunnan also emphasized its traveler-friendly policies, including the 240-hour visa-free transit for international visitors in nine popular tourist destinations, including Kunming, Lijiang, Dali, and Xishuangbanna, and tax refund benefits for overseas shoppers. Enhanced connectivity through Yunnan’s expanding “air corridor” has significantly boosted passenger traffic between Yunnan and South and Southeast Asia. Kunming Changshui International Airport now offers flights to 37 international destinations, with 32 routes linking directly to South and Southeast Asia.
By leveraging Trip.Best‘s global travel rankings and experiential marketing strategies, Yunnan further solidified its brand presence as an international tourist destination, paving the way for deeper collaboration in Southeast Asia’s tourism market.
Hashtag: #Trip.Best
The issuer is solely responsible for the content of this announcement.
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