Thailand's SCG to reopen Hormuz-affected Vietnam plant in mid-2027

Materials Thailand's SCG to reopen Hormuz-affected Vietnam plant in mid-2027 CEO says materials group halves Middle East sources, makes plastic from US ethane Thailand's Siam Cement Group has struggled to obtain inputs including naphtha, the key oil-derived material used for plastics. © Reuters LIEN HOANG November 11, 2026 11:37 JST HO CHI MINH CITY -- Thailand's Siam Cement Group plans to reopen its core plastics plant in Vietnam in mid-2027 after suspending operations due to the closure of the Strait of Hormuz, CEO Thammasak Sethaudom told Nikkei Asia, as the company diversifies its feedstock sources away from the Middle East. Read Next Materials Thailand's PTT and Siam Cement to combine polyolefin plastics units Iran tensions Thailand's Siam Cement to freeze Vietnam petrochemical plant over Iran war Materials Thailand's SCG eyes 10% cut to capital spending as Chinese exports hurt profits Supply Chain H&M-backed Syre's Vietnam plant offers recycling alternative to China Technology Thailand tightens environmental rules for large data centers ASEAN Money Thailand intensifies crackdown on illegal foreign ownership of land Supply Chain Integration among ASEAN, China, Japan, South Korea boosted by AI boom Latest on Materials Materials Japan metals maker plans $1.2bn Malaysia copper foil plant on AI demand Materials Threat of trade curbs pushes Japan steel exports to three-decade low Materials Japan trading house backs Vietnam tungsten supplier that has drawn US investment Sponsored Content About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.