…updates status of investment projects

February 14, 2017 | Natasha Alperowicz

PTTGC has agiven an update on its recent investment projects. It says that its PE project, which consists of a 400,000-metric tons/year linear low-density polyethylene plant and a 34,000 metric tons/year  hexene-1 comonomer facility, is well under construction with progress achieved to date of 64%. The total investment in this facility is baht 5.8 billion and commissioning is expected in 2018

PTTGC is also carrying out studies for an olefins reconfiguration project at Map Ta Phut, Thailand to increase feedstock flexibility and production capacity. The project aims to use naphtha from the refinery and aromatics as feedstock. The study is due for completion during this quarter with commercial operation envisaged in 2020.

Meanwhile, PTTGC’s previously announced project to set up a propylene oxide (PO) and polyols manufacturing complex is under study with a more definite plan due to be announced around the middle of this year and commercial production starting in 2019. The company is collaborating with Toyota Tsusho on the PO plan and with Toyota Tsusho and Sanyo Chemical for the polyols project.

PTTGC says it will make an investment decision for a previously announced petrochemical project in the United States in the second half of this year. The complex will use shale gas ethane form the Marcellus deposits in Ohio to produce 1 million metric tons/year of ethylene, 700,000 metric tons/year of high-density polyethylene, 500,000 metric tons/year of EG and 100,000 metric tons/year of ethylene oxide.