On August 14, at the invitation of Technobell (Vietnam) Yen Hung Petrochemical Co., Ltd., Stavian Group, Yen Hung Group, and International Integrated Industries Ltd. , Mr. Lou Ruibiao, the Chairman of Easybest Group and Technobell Beijing, along with Chinese partners, visited the Deep C Industrial Park integrated petrochemical project in Quang Ninh, Vietnam, for an on-site inspection. The projects discussed during this visit included three production lines for maleic anhydride (MAH), unsaturated polyester resin (UPR), and fiberglass reinforced plastic (GRP) products
On the morning of August 14th at the Yen Hung Group headquarters, discussions were held on the implementation details of the DEEP C petrochemical project. The participating companies included: Mr. Heip, the Chairman of Yen Hung Group, Mr. David Nguyen Tu, the Chairman of Stavian Group, Mr. Luka Dolenc, CEO of Technobell Europe, Mr. Paul from International Integrated Industries Ltd, Mr. Lou Ruibiao, the Chairman of Easybest Group and Technobell Beijing, Mr. Song Haiqiang, Senior Advisor of Technobell Beijing, Ms. Guo Chunyu from Technobell Beijing, Mr. He Jianjun, the Engineer of Beijing Huafu Engineering Co., Ltd., and General Manager Mr. Wang of the Vietnam Project Company of the Fourteen Chemical Construction Group. During the project discussion, insights were shared on the specifics of the Vietnam petrochemical project, drawing from successful cases of state-owned listed companies expanding into Southeast Asia with multiple ongoing and operational projects. Additionally, strategies for collaboration with local industry leaders, state-owned enterprises, Technobell’s headquarters’ technology, private enterprises’ flexibility, and integrating international finance to form a closed loop from design + technology + construction and operation management + international markets were explored. Shareholders of two leading Vietnamese companies also shared perspectives on the current and future prospects of the Vietnam market, along with strong demand for C3 and C4 downstream products in South America and Europe.
Introduction to local partner shareholders in Vietnam:
Stavian Group, founded in 2009, is a multinational industrial group based in Vietnam. Its core business covers industrial manufacturing, technology, and international trade, starting with the distribution of chemicals and polymers. It has now developed into a diversified comprehensive enterprise. Mainly engaged in industrial metals such as copper, aluminum, steel, and zinc, with business covering metal trade, supply chain management, processing and manufacturing, and industrial investment; Layout green aluminum, green steel, and recycled metal businesses.
The group is committed to a full chain layout from upstream production to downstream distribution, and leverages its global network to connect Vietnamese local products (such as metals) with international supply chains.
Its subsidiaries include Stavian Chemical, a top 500 chemical distribution company in Southeast Asia, Stavian Industrial Metal, a distributor connecting the metal industry in the southern part of the city with the global market, and Stavian Industrial Park Thai Nguyen located in Shangting Industrial Park, Taiyuan Province
Yen Hung Group in Vietnam has shipyards, ship repair shops, over 40 energy and bulk carriers, as well as its own ports and storage tanks. It has been deeply involved in the international energy sector for many years. Now, combined with the closed-loop extension industry chain of the Teknopo team, we have officially entered the field of fine chemicals. As a Vietnamese private comprehensive group, we are involved in petrochemical, chemical raw material trading, energy distribution, and chemical project investment. We often participate in joint ventures for new factories in maleic anhydride, fuel, and basic chemicals. Like Stavian Group, we are also a major player in the Vietnamese chemical commodity industry chain, mainly engaged in the distribution of solid, liquid, and gaseous fuels.
The negotiation went very smoothly, and a multi-party consortium has established a project company in Vietnam, which will start operating the project in 2027!
