Standard Chartered has finalized a US$70 million syndicated secured short-term loan facility for Stavian Chemical, providing a significant capital boost to the Hanoi-headquartered firm’s global growth strategy.

The transaction, which the bank announced on January 6 from Hanoi, marks a pivotal milestone in the partnership between the banking giant and one of Southeast Asia’s fastest-rising industrial leaders. Standard Chartered acted as the sole mandated lead arranger and bookrunner for the deal.

The loan is structured to align with the company’s disciplined capital deployment as it aggressively scales its global trading and manufacturing footprint.

With over 15 years in the plastics and petrochemical sector, Stavian Chemical has rapidly expanded into Asia-Pacific. It currently ranks as the seventh largest chemical distributor in the region and ranks 219th on the Fortune 500 list of the largest enterprises in Southeast Asia.

Nguyen Thuy Hanh, chief executive officer and head of banking and coverage at Standard Chartered Vietnam, says the deal reinforces her bank’s role as a "trusted partner" capable of managing complex cross-border needs. Beyond this facility, the partnership encompasses a full suite of solutions – including cash management, trade finance, and hedging – designed to insulate Stavian's growth from market volatility.

From the company’s perspective, the successful syndication reflects deep institutional trust. Stavian Chemical chairman Dinh Duc Thang says the facility enhances financial flexibility and liquidity management, providing the necessary leverage to advance diversified operations across international borders.